World 09

The Enterprise World

Money, entrepreneurship, economics, value, leadership and contribution

Long before coins, children learn that things are made by someone, that choosing one means not choosing another, and that giving something can bring something back.

A way into this World

Exchange at the market: hand over the coin, receive the fruit. Two choices, not ten. Name the trade aloud — we chose the plums, so not the pears today.

Where it meets the other Worlds

The intellectual architecture

How is value created, captured and distributed — and is that fair?

Enterprise teaches consequence faster than any other domain: the stall either sold out or it did not. It is also where economics, ethics and mathematics meet a real number.

Questions worth a childhood

  • Who captures the value in this chain, and why them?
  • What is the price of this hiding?
  • What would make this venture fail?
  • Is growth the right objective here?

Underneath

Economics · Business · Accounting · Marketing · Economic history

Where it can lead: Economics, Business, Finance, Public policy, Development studies, Entrepreneurship.

Concepts carried here: systems, proportion and rate, scarcity, value and exchange, representation and abstraction, ethical reasoning — the same ideas recur in other Worlds, which is the point.

0–18, and what changes

  • 0–3

    Turn-taking.

    Waiting · Possession

    Becomes able to: waits briefly.

    Demonstrated when: Hands something over and expects its return.

  • 3–5

    Exchange.

    Swapping · Money buys things

    Becomes able to: trades deliberately.

    Demonstrated when: Proposes a swap and argues it is fair.

  • 5–7

    Choosing.

    Limited money · Wants compete

    Becomes able to: chooses between two purchases.

    Demonstrated when: States what they gave up, unprompted.

  • 7–9

    Cost.

    Making costs something · Profit

    Becomes able to: calculates what their product cost.

    Demonstrated when: A price set from a real cost calculation.

  • 9–11

    Market.

    Supply, demand, competition

    Becomes able to: explains a price change.

    Demonstrated when: Predicts a price movement and checks it.

  • 11–13

    Incentives.

    Incentives shape behaviour · Gains from trade

    Becomes able to: traces an incentive's side effect.

    Demonstrated when: An incentive found that produced the opposite of its intention.

  • 13–15

    Real venture.

    Cash flow · Margin · Externalities

    Becomes able to: keeps accounts; identifies who bears a hidden cost.

    Demonstrated when: Accounts from a real venture with an externality named.

  • 15–16

    Market failure and policy.

    Public goods · Regulation · Inequality

    Becomes able to: argues for or against intervention.

    Demonstrated when: An evidenced essay resolving efficiency against fairness.

  • 16–18

    Political economy.

    Institutions · Growth and distribution · Development

    Becomes able to: evaluates competing explanations.

    Demonstrated when: An analysis using real datasets with its limitations stated.

Genuine connections

  • Trade explains the location of most cities, and most wars over them.
  • Every business question resolves into arithmetic somebody would rather you did not do.
  • Fairness and efficiency conflict, and pretending otherwise is the commonest economic error.

Qualification mapping

All supported systems
  • Economics / BusinessIGCSE → AS & A Level

    Supports preparation

    Market structures, costs and evaluation are directly relevant.

  • Business Management / EconomicsDP

    Conceptually aligned

    The internal assessment's real-organisation focus matches WSA venture work.

  • AP Microeconomics / MacroeconomicsAP

    Supports preparation

    Conceptual overlap is strong; examination technique is separate preparation.

  • Business Studies / EconomicsNSC

    Related

    Content overlap; NSC assessment requires an approved route.

The World School Atelier does not award, register or guarantee any qualification. These are mappings that show where your child's demonstrated work sits in relation to external frameworks, so that a family can plan. Entry requirements, specifications and recognition change; verify each with the awarding body before making decisions.