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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!
19. Monopsony (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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19. Monopsony (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon monopsony (dominant buyer) and clearly addresses the theory from the perspective that the specification requires. Included is a link to an excellent 40 minute documentary about the power of monopsonsies that students really enjoy. In addition, contemporary examples bring this theory to life and notes make sure that students are aware of exactly what is required. 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.
18. CMA - Competition Regulation (Slides, Activities and Notes)  - A-Level Economics - Theme 3
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18. CMA - Competition Regulation (Slides, Activities and Notes) - A-Level Economics - Theme 3

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This sequence of lessons (roughly two) focuses upon the UK’s governing body for competition and marks. The Competition and Markets Authority (CMA) investigate all mergers and this lesson contains a research activity in which students find out about real examples. In addition, group work looks at other examples of where the CMA have intervened. 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. Game Theory & Collusion (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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17. Game Theory & Collusion (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly three or four) focuses upon game theory and cartels/collusion. This often confusing topic is broken down and made concise through notes and clear slides. Starting with the prisoners’ dilemma, excellent videos show game theory examples and worksheets accompany all of this to help students grasp this challenging topic more easily. Collusion is explain through slides and notes, all of which are specific to the specification so that learning is efficient and not overwhelming. In addition, this set of resources comes with a marked piece of A* student work about game theory. The essay clearly shows how the exam technique for this tricky topic should be applied. Resources included are: Marked essay exemplar answers and annotated mark schemes for essay question activity 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. Oligopoly (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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16. Oligopoly (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two) focuses upon the market structure of oligopoly. The assumptions underpinning the theory are explored, in terms of the way firms compete with each other. As part of this, the kinked demand curve is also explored - although not in the specification explicitly, this theory is frequently included in mark schemes and makes for excellent analysis. In the next set of resources (number 17), game theory and collusion are explored. 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.
15. Concentration Ratio (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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15. Concentration Ratio (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly one or two) focuses upon concentration ratio. The energy market is used to contextualise the theory and numerical activities apply quantitative skills to the theory. 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.
14. Monopolistic Competition (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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14. Monopolistic Competition (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon the market structure known as monopolistic competition. The clear and concise slides, along with the corresponding worksheet, clearly analyses and breaks down the diagrams for short-run, long-run and loss making monopolistic competition. 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.
13. Price Discrimination (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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13. Price Discrimination (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon price discrimination. This is third degree price discrimination, the only type that is required by the Edexcel specification. The resources include a clear breakdown of the diagram on the slides and a corresponding worksheet. There are also two news articles and links to YouTube videos that engagingly explain the concept. 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.
12. Barriers to Entry (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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12. Barriers to Entry (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly one or two) focuses upon barriers to entry and different types. The topic underpins the market structure theories and includes a Dragons Den video to contextualise the theory. 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.
11. Monopoly Market Structure (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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11. Monopoly Market Structure (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon the market structure known as monopoly. The long-run, short-run and loss making diagrams are analysed and clearly constructed using animations on PowerPoint. The worksheets correspond with the slides and allow students to carefully learn this challenging diagram. The details notes explain the assumptions underpinning this theory. 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.
10. Perfect Competition (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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10. Perfect Competition (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly three or four) focuses upon the market structure known as perfect competition. Diagrams are clearly broken down on the slides and assembled slowly, so that students can access this challenging topic more easily. The worksheets correspond with the slides with short-run, long-run and loss making diagrams all explored. Detailed notes explain the assumptions underpinning the theory. This is an excellent set of lessons for this often confusing topic. 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.
09. Supernormal Profit (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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09. Supernormal Profit (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two) focuses upon profit maximisation (MC=MR) and supernormal profit. These resources then go onto introducing the early stages of perfect competition. 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.
08. Revenue Curves MR ,AR, TR (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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08. Revenue Curves MR ,AR, TR (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly one or two ) focuses upon the revenue curves required for the market structures in Theme 3. Total revenue, average revenue and marginal revenue are all diagrammatically illustrated and explained. 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.
07. Cost Curves - MC, AC etc (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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07. Cost Curves - MC, AC etc (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon the costs that are required for Theme 3 and the market structures that follow. Costs fully explained are: average cost, fixed cost, average fixed cost, total cost, marginal cost and average variable. Particularly emphasis is placed upon marginal cost by explaining the law of diminishing returns in a clear and concise 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.
06. Efficiency (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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06. Efficiency (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two) focuses upon the specific types of efficiency required by the sepcification: allocative, x-inefficiency, dynamic and productive. All concepts and their diagrams are clearly explained on the slides and the worksheet links it all together. 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.
05. Economies of Scale (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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05. Economies of Scale (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two) focuses upon the different types of internal and external economies of scale. The minimum efficient scale is also explained and numerical activities help to explain the concept. 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.
04. Demergers and Small Firms (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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04. Demergers and Small Firms (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon why firms decide to split up and demerge. Exploring the benefits and drawbacks. In addition, this leads onto why some firms remain small. Also included is an A* student essay which has been marked, the essay relates to why firms remain small. 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.
03. Mergers and Acquisitions (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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03. Mergers and Acquisitions (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon mergers, takeovers and acquisitions. Vertical, horizontal and conglomerates are explained. Plenty of real examples help to engagingly apply the theory, using news articles and videos. 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.
02. Growth of Firms (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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02. Growth of Firms (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two) focuses upon the story of firms and how they are able to grow. Organic growth and inorganic is introduced, as well as briefly introducing the concept of barriers to entry. 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.
01. Objectives of Firms (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3
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01. Objectives of Firms (Slides, Activities and Notes) - Edexcel A-Level Economics - Theme 3

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This sequence of lessons (roughly two or three) focuses upon the objectives of firms, namely profit satisficing and principal-agent problem. These resources also start to help students develop an understanding of how firms begin and uses a Dragons Den activity of apply the point. 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 2 - *PART A*
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Edexcel Economics A - Theme 2 - *PART A*

15 Resources
*DUE TO TES LIMITING BUNDLES TO ONLY 20 RESOURCES, I CANNOT INCLUDE THE WHOLE OF THEME 2 INTO A SINGLE BUNDLE… THIS IS PART A (RESOURCES 1 TO 14) AND PART B COMPLETES THEME 1 (RESOURCES 15 TO 28). Part B can be purchased here: https://www.tes.com/teaching-resource/edexcel-economics-a-theme-2-part-b-12457608 Everything you need to teach the ENTIRE specification for Theme 2 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!