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George's Marvellous Business Studies & Economic Resources

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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.

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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.
Stakeholders & Business Objectives - Business Studies - GCSE - Worksheet, PPT & Quiz
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Stakeholders & Business Objectives - Business Studies - GCSE - Worksheet, PPT & Quiz

(1)
A bumper lesson on a typical businesses stakeholders. The presentation looks at the main stakeholders for different businesses and their differing objectives. Stakeholders I have focused on include workers, customers, managers, suppliers, government and the local community. The lesson includes numerous real life business examples with an emphasis on McDonalds. There are also a number of tasks throughout the lesson to help keep students engaged. I have also included a nice worksheet on stakeholders to be used at the end of the PPT. I have also included a nice 10 question multiple choice quiz on stakeholders and other topics as a perfect starter for the lesson. Perfect for GCSE Business Studies.
Price Stability & Inflation
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Price Stability & Inflation

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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.
Market Failure - Introduction & The Main Causes of Market Failure - A-Level Economics
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Market Failure - Introduction & The Main Causes of Market Failure - A-Level Economics

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This lesson is a perfect introduction to market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson starts with a look at productive and allocative efficiency. The lesson then explains what market failure is and why it is a big problem. The lesson then looks briefly a the following types of market failure: * Externalities * Merit and Demerit Goods * Public goods Main lesson aim: Students will understand what market failure is and the main causes of market failure. I have made a nice task where students need to tick whether a product is a public, merit or demerit good and explain their answer. I have also included a nice worksheet on the topics covered. I have also included a student copy of the PPT. This lesson is perfect to GCSE or A-Level Economics.
Monetary Policy & Central Banks
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Monetary Policy & Central Banks

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Students will understand the key economic theory of monetary policy and how this links into central banks. The lesson covers what monetary policy is and the different policies available, including changing interest rates and quantitative easing. The lesson covers the Monetary Policy Committee. 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.
GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR
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GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR

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Every year OCR GCSE Economics release a stimulus material that will be used in the The UK Economy & Globalisation exam (50% of final grade). Over the last three years I have dissected the stimulus material and added my own theory behind the evidence, quotes, graphs and figures. I then include exam style questions that may be asked to help prepare students for their upcoming exam. I have included 12 key revision packs that cover the key topics from last three years (2014, 2015 and 2016). To help students prepare for the 2017 stimulus material and exam these resources may prove to be very useful. They also cover key theory from the unit so may be useful as outright lessons. Some of my packs include student copies - these are slimmed down versions of the main revision packs. Each pack includes a screenshot of the key figures from the stimulus material, keywords and theory and exam style questions. Please see below for a full list of each pack: Pack 1: Balance of Payments Pack 2: Imports & Exports Pack 3: Exchange Rates Pack 4: Competitiveness Pack 5: Poverty Pack 6: Problems of Trade Pack 7: The Eurozone Crisis Pack 8: GDP Pack 9: Economic Growth Pack 10: Poverty & External Debt Pack 11: The EU & Eurozone Pack 12: Exchange Rates This bumper revision pack is aimed at OCR Economics and the The UK Economy & Globalisation exam but they may prove useful for other GCSE exam boards and even A-Level Economics.
Government Intervention - Price Floors, Price Ceilings, Subsidies & Government Failure - Economics
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Government Intervention - Price Floors, Price Ceilings, Subsidies & Government Failure - Economics

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This detailed lesson looks at government intervention in the economy through price floors, price ceilings and subsidies. The lesson also looks at government failure. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: * Price ceilings * Secondary markets * Price floors * Minimum legal prices * Government failure * Subsidies Lesson Aim: Students will understand how the government can impose price floors, price ceilings and subsidies. I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and key examples to help teach a tricky topic. A perfect lesson for A-Level Economics.
Globalisation
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Globalisation

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Students will understand the key economic theory of globalisation. Students will learn what globalisation is, the characteristics of globalisation and the likely consequence of globalisation. Students will reflect on how MNC’s also impact globalisation. The lesson includes tasks, examples and videos.
International Trade
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International Trade

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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.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. Students will learn about imports, exports and the advantages of comparative advantage. Students will also learn the more general benefits and drawback of international trade and protectionism. The lesson also includes info on the WTO. The lesson includes tasks, examples and videos.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

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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.
Exchange Rates
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Exchange Rates

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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.
Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets
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Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets

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A bumper selection of resources to help teach private limited companies and public limited companies. I have included a detailed presentation on the main theory of both LTD’s and PLC’s. The lesson looks at the clear advantage of having limited liability over unlimited liability. The lesson also looks at the clear pros and cons of both types of incorporate companies. I have also included three useful worksheets that can be used straight after the PPT. The first worksheet is a multiple choice quiz covering limited companies. The second worksheet gets students to work out the main pros and cons of different companies. I have also included a bumper worksheet that asks a variety of questions of the various types of business ownership (including sole traders and partnerships). This lesson is perfect for GCSE level Business Studies and could be adapted for A-Level Business Studies.
Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets
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Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets

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This detailed lesson helps students fully understand 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). 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 looks at the clear difference between internal and external economies of scale. I have focused many tasks throughout this lesson that helps students fully understand the concept of economies of scale. The lesson also looks at diseconomies of scale in a lot of detail. I have also provided a great task based on Mega Dairies in the UK and how they hope to benefit from economies of scale - this includes a number of great video clips and an excellent worksheet that could be used in a group activity. This lesson could easily stretch across 2-3 hours of teaching. A great lesson which would be perfect for GCSE Economics and also useful for A-Level.
The Balance of Payments
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The Balance of Payments

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Students will understand the key economic theory of the balance of payments. The lesson covers how sections of the balance of payments such as the current account and financial account. The lesson also covers foreign direct investment (FDI) and evaluating a current account deficit and surplus. 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.
The Circular Flow of Income
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The Circular Flow of Income

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Students will understand the key economic theory of the circular flow of income. The lesson reflects on value added and national income. The lesson also includes theory the difference between nominal and real data and the goods and factor markets. The lesson includes a clear run through of how the circular flow if income is connected, and the different leakages and injections into an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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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.
Specialisation, Division of Labour & Exchange - Economics Full Lesson
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Specialisation, Division of Labour & Exchange - Economics Full Lesson

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

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

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