Hero image

George's Marvellous Business Studies & Economic Resources

Average Rating4.21
(based on 73 reviews)

Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

248Uploads

173k+Views

38k+Downloads

Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
Exchange Rates
george_frostgeorge_frost

Exchange Rates

(0)
Students will understand the key economic theory of exchange rates. Students will learn what exchange rates are, how they are calculated and how they can impact economies and why they are so important. Students will learn the pros and cons of having a weak and strong currency. The lesson also introduces supply and demand of exchange rates with diagrams and examples. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Finance - Calculating Sales Revenue, Costs & Profit - GCSE Business Studies - PPT & Worksheet
george_frostgeorge_frost

Finance - Calculating Sales Revenue, Costs & Profit - GCSE Business Studies - PPT & Worksheet

(0)
A bumper lesson that covers key financial calculations for GCSE Business Studies students. The lesson shows how to calculate revenue, fixed costs, variable costs, total costs and profit. Each section has clear questions and answers, with the PPT working alongside the worksheet attached. I have tried to make the lesson fun and easy to understand. The worksheet builds upon the theory and has many more financial calculations to work out. This could easily span across 2 lessons as the worksheet is very detailed. A great resource for teaching a potentially tricky topic. Perfect for GCSE Business Studies and could easily be adapted for other course.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
george_frostgeorge_frost

Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

(1)
A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
International Trade
george_frostgeorge_frost

International Trade

(0)
Students will understand the key economic theory of international trade. The lesson covers the pros and cons of international trade, protectionism, custom unions and the EU. The lesson also covers the role of World Trade Organisation (WTO). The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Specialisation, Division of Labour & Exchange - Economics Full Lesson
george_frostgeorge_frost

Specialisation, Division of Labour & Exchange - Economics Full Lesson

(0)
This in-depth and engaging economic lesson covers specialisation and division of labour in lots of detail. The lesson includes key theory, pros and cons of specialisation and how division of labour impacts producers and workers. The lesson includes video clips, tasks and up to examples to help students access the key theory. Main Aim: Students will learn the difference between specialisation, division of labour and exchange. They will also learn the pros and cons of specialisation and how it impacts producers and workers differently. Students will also learn about derived demand.
Liquidity Ratios - Current Ratio & Acid Test Ratio - Balance Sheets - Finance - PPT & Worksheets
george_frostgeorge_frost

Liquidity Ratios - Current Ratio & Acid Test Ratio - Balance Sheets - Finance - PPT & Worksheets

(0)
A great lesson for teaching liquidity ratios. The PPT covers how to calculate both current ratios and acid test ratios. I have explained why each is so important to a businesses financial health and included relevant examples to help students fully understand. This lesson ties in very nicely to my lesson on balance sheets. The lesson leads on to a bumper worksheet where students need to calculate and analyse current ratios and acid test ratios for a number of businesses. I have also included a nice multiple choice quiz on finance as a great starter activity. Perfect for teaching a potentially tricky topic. Aimed at GCSE Business Studies, but could easily be used for A-Level Business Studies.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
george_frostgeorge_frost

Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

(1)
A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
george_frostgeorge_frost

Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

(0)
A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
george_frostgeorge_frost

The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

(1)
A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
GCSE Business Studies - Unit 1 Setting Up a New Business - Keyword Championships - Fun Revision Game
george_frostgeorge_frost

GCSE Business Studies - Unit 1 Setting Up a New Business - Keyword Championships - Fun Revision Game

(0)
At the end of each year (and even each term) I like to play a fun revision game with my GCSE Business Studies students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit Setting up a Business from GCSE Business Studies. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Business Studies. A perfect game for GCSE Business Studies. This game has been made to fit the AQA syllabus, however it could easily be adapted for other exam boards. Included in this lesson are the following: Keyword Championship Title Screen Rules of the game Score card Unit 1 - Setting Up a Business Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
george_frostgeorge_frost

Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

(0)
A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.
Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet
george_frostgeorge_frost

Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet

(1)
This detailed lesson helps introduce economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). This will get students thinking about mass production. The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also introduces diseconomies of scale. There are a number of relevant video clips to help give some great examples. A great lesson which would be perfect for GCSE Business Studies.
Price Stability & Inflation
george_frostgeorge_frost

Price Stability & Inflation

(0)
Students will understand the key economic theory of inflation and price stability. Students will learn about purchasing power, basket of goods and the consumer price index. Students will also reflect on the difference between nominal and real values and how this links to inflation. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Introduction to Monetary Policy
george_frostgeorge_frost

Introduction to Monetary Policy

(0)
Students will understand the key economic theory of monetary policy. Students will learn about the interest rates, inflation, the base rate and the objectives of The Bank of England. Students will learn about the Monetary Policy Committee and their role in keeping inflation under control. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
The Role of Money & Evaluating the Importance of the Financial Sector
george_frostgeorge_frost

The Role of Money & Evaluating the Importance of the Financial Sector

(0)
Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.
Fiscal Policy
george_frostgeorge_frost

Fiscal Policy

(1)
Students will understand the key economic theory of fiscal policy. Students will learn about the difference between government spending and government taxation. Students will learn about the different types of taxes and how much money they generate for the economy. The lesson also looks at why government set taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS
george_frostgeorge_frost

Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS

(1)
A bumper set of resources to help teach supply. This lesson moves on perfectly from teaching demand. The lesson covers all the main theory of supply curves and the main determinants of supply. There are numerous tasks throughout the lesson with relevant examples. I have also included a nice supply and demand worksheet based on past exam questions. There is also a great demand and supply scenario task, where students need to shift either the supply or demand curve after reading each scenario. A perfect lesson to help teach supply to economic students. Perfect for GCSE Economics and could be used for AS Economics.
Supply-Side Policies
george_frostgeorge_frost

Supply-Side Policies

(0)
Students will understand the key economic theory of Supply-Side policies. The lesson covers the different types of supply-side polices such as free market and interventionist policies. The lesson also covers the micro and macro effects of supply-side policies. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS
george_frostgeorge_frost

Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS

(1)
A bumper lesson that covers some key areas of business operations. The lesson looks at lean production, kaizen, Just in Time (JIT) and general productivity in a firm. There are relevant examples throughout and clear theory. The lesson leads to a 9 mark exam style question. I have also included a nice multiple choice quiz which would be perfect for a starter activity. The lesson is aimed at operations topic for GCSE Business Studies, but could easily be adapted for AS Level Business Studies.
The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics
george_frostgeorge_frost

The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

(0)
A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students. I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.