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This set of resources includes 1x PPT and 2x word files and can be delivered over a double lesson. We start with a recap of PED as knowledge of this needs to be secure before moving onto YED to prevent future confusion. We look what YED measures, the formula and the different types of goods that exist such as inferior and luxury goods.
Students have the opportunity to practise plenty of calculations on YED, some of which require percentage change to be calculated before calculating YED. All answers are provided. We then go onto look at factors that affect the income elasticity of a good before reading a case study on
Beale’s Bakery which sells a variety of products with different elasticities - a 12 mark question with structure guidance and model answer provided for students to peer assess with.
A link to a kahoot quiz and a box plenary to finish with.
Colourful, concise and engaging slides!
Thank you
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Edexcel A Level Business Theme 1 (COMPLETE COURSE)
This bundle for Edexcel's A Level Theme 1 is the ultimate pack for teachers delivering this course. Updated for 2021 with more engaging and colourful slides to cater for remote learning needs. The highest quality, unrivalled lesson experiences from start to finish. Filled with real life examples, concise case studies to save time and focus on key skills of knowledge, application, analysis and evaluation. Questions with structured guidance and modelled answers for self/peer assessments - to save your time and to build their skills at the same time rather than just going through theory slide after slide. Please have a look at individual files to see previews. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you
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