This sequence of lessons (roughly two or three) focuses upon the World Trade Organisation (WTO). This topic can often be confusing and overwhelming for students, therefore the notes and slides break up the topic clearly and outline the precise aspects required by the specification. This also includes the ‘conflicts between WTO and trade blocs’. The topic is also brought to life with some topical news articles. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon disrupting free trade. Different protectionism policies are explored with the benefits and drawbacks analysed. The challenging tariff and quota diagram is broken down to make learning more accessible. In addition, the resources are packed with real and contextual examples of protectionism in the media. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon bilateral trade agreements, using lots of contemporary examples like US-UK and EU-Canada. In addition, terms of trade is also included in this package of two smaller topics. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the current, capital and financial accounts of the balance of payments. The theory is then applied to some real-life news articles. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). Exemplar A essay answer included All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon how economies can improve their international competitiveness. Great use is made of the World Economic Forum’s Competitiveness Rankings Report and a research task brings the theory to life. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Magichael) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly one or two) focuses upon the numerical interpretations for the theory of comparative advantage. Clear slides and work sheet activities make this concept very clear. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon the different types of government spending (public expenditure) including capital, current and transfer spending. The resources then cover national debt, including debt as a percentage of GDP. Included is an excellent article on austerity - this brilliant resource provides both the benefits and drawbacks of reducing the national debt. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses on the global context to prepare students for macro 25-mark questions. These resources started with an activity about negative interest rates, then an activity about Mozambique to teach application about this country. Finally, a very important activity is included to help students explore macro economies of their choice - including key websites, tips and guidance. Resources included are: Includes A exemplar answers* Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly one or two) focuses upon how economies can improve their international competitiveness. Each of the policies are analysed in terms of the benefits and evaluation. The resources also include real, topical articles to bring the theory to life with application. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon the benefits of free trade and explains the concept of trade creation and trade diversion (see preview image). Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon different types of tax systems: progressive, regressive and proportional. The resources move onto discussing the Laffer Curve as a means of evaluation. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) is part of the economic development section of Theme 4. The lessons focus upon the three dimensions of the HDI and how they are measured and combined. HDI is then assessed in terms of its advantages and limitations for comparing economies. Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Magichael Economics Shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon the aggregate demand component of net trade. Exchange rates and protectionism are referenced, as influences upon (x-m). Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Teachonomics shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn.

This sequence of lessons (roughly two) focuses upon the application of the price mechanism theory, as required by the specification section below: 1.2.7 Price mechanism b) The price mechanism in the context of different types of markets, including local, national and global markets. The resources include questions and contexts for the students to practise. These include house prices and negative oil prices (which occured during the 2020 lockdown). Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used. The negative oil prices exam-style question is an original creation © Michael Wilson (Teachonomics Ltd.)

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Magichael Economics Shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn.

This sequence of lessons (roughly three or four) is part of the economic development section of Theme 4. The lessons focus upon strategies used by governments to bring about economic development, all strategies included in the Edexcel specification are included, such as: microfinance, buffer stock schemes, the Lewis model, tourism, Fair Trade, debt relief, foreign aid, World Bank, IMF and NGOs. Essential application comes in the form of video activities about Russian diamonds and Zimbabwe. Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly three) is part of the economic development section of Theme 4. The lessons focus upon the measuring inequality using the Lorenz Curve and Gini coefficient - diagrammatical analysis is included. The causes of inequality and the impacts are analysed. In addition, the significance of capitalitsm for inequality is analysed. Essential application is provided through video activities relating to Gabon and Democratic Republic of Congo. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.