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Teachonomics Resources

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Publisher of AWESOME educational resources for teachers and students, specialising in GCSE Business and A-Level Economics. Study notes, slides, activities and worksheets - colourful, concise, clear and engaging. Using contemporary examples, articles and videos. • Follow me on social media @teachonomics for news, updates and lesson ideas!

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Publisher of AWESOME educational resources for teachers and students, specialising in GCSE Business and A-Level Economics. Study notes, slides, activities and worksheets - colourful, concise, clear and engaging. Using contemporary examples, articles and videos. • Follow me on social media @teachonomics for news, updates and lesson ideas!
01. Circular flow of income (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 2
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01. Circular flow of income (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 2

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This sequence of lessons (roughly two) is the start of macroeconomics Theme 2. The two lessons introduce the idea of households and firms being connected, then goes onto discuss leakages and injections. 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.
Edexcel  Economics A - Theme 1 - *PART A*
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Edexcel Economics A - Theme 1 - *PART A*

14 Resources
*DUE TO TES LIMITING BUNDLES TO ONLY 20 RESOURCES, I CANNOT INCLUDE THE WHOLE OF THEME 1 INTO A SINGLE BUNDLE… THIS IS PART A (RESOURCES 1 TO 14) AND PART B COMPLETES THEME 1 (RESOURCES 15 TO 31). Part B can be purchased here: https://www.tes.com/teaching-resource/edexcel-economics-a-theme-1-part-b-12367898 Everything you need to teach the ENTIRE specification for Theme 1 Edexcel Economics! Notes, slides and activities. Included is a revision checklist, which links each part of the specification to the resources provided. Slides are engaging, colourful and construct diagrams using a step-by-step method, so that concepts are more accessible for students. Teacher written notes are specific to Edexcel and expand upon the content in the slides. Resources use contemporary, real-life examples to bring the theory to life. Where possible, links to a shared drive containing recorded videos from the news and television shows are included!
11. Price Mechanism (Slides and Notes) - Edexcel A-Level Economics - Theme 1
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11. Price Mechanism (Slides and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly one) focuses upon the price mechanism, the slides break down each of the signalling, incentive and rationaling functions. The notes clearly and concisely outline the specification details of this often confusing topic. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. 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.
31. Government Failure (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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31. Government Failure (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two or three) focuses upon the final topic in theme 1 - government failure. These lessons uses contemporary examples to demonstrates when government intervention leads to market failure, then brings it all together with a focus upon exam technique and past examples of this kind of question. There are also extension activities in the form of the Laffer Curve and National Living Wage, which are discussed in Year 13. 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.
30. Tradable Pollution Permits (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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30. Tradable Pollution Permits (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two) focuses upon tradable pollution permits and draws upon the EU’s real attempts to reduce pollution using this method. Included is also an excellent link to a video explaining the concept clearly. 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.
29. State Provision (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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29. State Provision (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly one) focuses upon state provision as a form of government intervention. 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.
28. Regulation (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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28. Regulation (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two or three) focuses upon government intervention, specifically regulation and the provision of information. The intervention is analysed and evaluated through real examples in the tobacco industry. 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.
26. Externalities (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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26. Externalities (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly three) focuses upon positive and negative externalities. This challenging topic has been broken down into smaller chunks, by using diagrams on a PowerPoint that gradually build up and are accompanied by explanations. The slides also contain a YouTube link that shows an excellent example of a negative externality. 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.
25. Public Goods and Info Gaps (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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25. Public Goods and Info Gaps (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two) focuses upon the causes of market failure, as identified by the specification. Public goods and information gaps are emphasised in these resources, with externalities explored in resource number 26. 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.
24. Economic Thinkers (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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24. Economic Thinkers (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two or three) explores the theories of Marx, Hayek and Smith. The specification does not requires extensive knowledge of these theories and the resources come with a set of notes to summarise the views of each economist. Also included is a ‘left or right wing’ quiz for the students to complete, along with links to Marx YouTube clips and 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.
23. Subsidies/Subsidy (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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23. Subsidies/Subsidy (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two or three) focuses upon subsidies and the associated diagrams. Step-by-step PowerPoint slides break down the diagram and build it up slowly, so that students can learn the material in a more accessible way. 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.
22. Indirect Tax (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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22. Indirect Tax (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two or three) focuses upon taxation in general to begin with and then places the main emphasis upon indirect taxation. Both specific and ad valorem are explored in a step-by-step method, with worksheets to help students break this challenging topic down. Resources also have new calculation questions, which is required by the latest specification. 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.
21. PES Elasticity of Supply Factors (Slides, Activities) - Edexcel A-Level Economics - Theme 1
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21. PES Elasticity of Supply Factors (Slides, Activities) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two) focuses upon the factors which influence the price elasticity of supply. This is then applied using various commodities, taken from previous data response exam questions. 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. 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.
20. PES Elasticity of Supply (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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20. PES Elasticity of Supply (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two) focuses upon price elasticity of supply, with calculation questions and mark schemes. Slides go through the theory step-by-step. Resources also include past paper PES questions to use. 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.
19. Elasticity Uses and PED factors (Slides, Activities) - Edexcel A-Level Economics - Theme 1
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19. Elasticity Uses and PED factors (Slides, Activities) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two ) focuses upon the factors which influence PED. The lessons also explore practical uses of XED, YED and PED - in particularly, the lesson explores the challenging relationship between PED and revenue, in which the slides and activities breakdown this topic and explain step-by-step. 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. 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.
18. XED Cross Elasticity (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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18. XED Cross Elasticity (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two) focuses upon cross elasticity of demand and includes articles to apply the concept and calculation activities with mark schemes. 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.
17. YED Income Elasticity (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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17. YED Income Elasticity (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two) focuses upon income elasticity of demand, including calculations which can be worked through as a class and further activities with the mark scheme included. 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.
16. PED Calculations (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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16. PED Calculations (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly two or three) builds upon the previous introduction to price elasticity of demand and introduces calculations. Resources included are: Plenty of differentiated worksheets and the answers - students can work at their own pace. 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.
15. PED Introduction (Slides, Activities) - Edexcel A-Level Economics - Theme 1
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15. PED Introduction (Slides, Activities) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly one) focuses upon introducing price elasticity of demand without any calculations until the next sequence of resources. 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. 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.
07. Money and Specialisation (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1
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07. Money and Specialisation (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 1

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This sequence of lessons (roughly three) focuses upon the functions of money and specialisation/division of labour. There is also some reference to reasons for trading. 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.