A really detailed lesson on the law of diminishing returns and returns to scale. This lesson looks at the difference between the short-run and long-run and introduces the concept of the law of diminishing returns with nice clear and fun examples. The lesson then explains returns to scale and the three possibilities. I have tried to make this tricky topic easy for students to understand and included various tasks throughout the lesson. There are graph and calculation questions and a exam style question to finish off. I have also included a nice multiple choice quiz on the topic which would be perfect for a plenary / starter task. Perfect set of resources for A-Level Economics / Microeconomics.

A nice lesson that looks at a firms revenue and how profit maximization (MR=MC) can be achieved and calculated. This lesson looks at all the key theory for microeconomics and has numerous tasks - including gap fill questions, calculation tasks and graphs. I have included a teacher version and a student version of the resource. The teacher presentation includes answers to set questions. A great resource for teaching A-Level Economics.

This bumper 50 slide PPT covers economies of scale in a lot of detail. The lesson covers all the key theory for this vital topic including internal and external economies of scale, diseconomies of scale, Long-run cost curves and minimum efficient scale. The lesson has great notes on the key theory and diagrams. The lesson includes numerous tasks including calculation, graph and written activities. A really good and detailed resource on a great economic topic. Perfect for A-Level economics.

This lesson will help students understand the different ways the government aims to reduce unemployment in the UK. This lesson covers five methods the government could use to help reduce unemployment. The lesson also re-caps on the different types of unemployment and the potential impact of unemployment on a country. The lesson aims to cover the following lesson objectives: All: Students will know the different methods of reducing unemployment Most: Students will understand what the new deal system is and who it effects The lesson concludes with numerous tasks. I have included two detailed worksheets that are linked to the lesson and have also included a nice report project where students need to answer the following question: Inequality is a major issue in Britain. What can the government do to reduce inequality, lower unemployment and create a more equal society? This lesson is perfect for GCSE Economics and could be used for A-Level.

This bumper lesson looks at cost-benefit analysis in a lot of detail. The lesson looks at what a CBA is and how it impacts firms and governments. I have included all the key theory on the topic plus many great examples of when cost-benefit analysis was used. Below is a break-down of the lesson objectives: ALL Students will understand the main pros and cons of carrying out a cost-benefit analysis. SOME students to understand a few economic examples of when a cost-benefit analysis should be used. I have included a student copy of the lesson to go alongside the main PPT. I have also included a market failure bingo game, a market failure quiz with answers and a CBA group task. This lesson is aimed at A-Level Economics but could also be useful for Business Studies.

This detailed lesson looks at both positive and negative externalities and how they can lead to market failure. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. Lesson Aim: Students will understand what both positive and negative externalities are and how they can lead to market failure. I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and videos to help teach a tricky topic. A perfect lesson for A-Level Economics.

A good overview and whole lesson on how national income data can measured and how it impacts an economy. Lesson aim: Students will understand how income data is measured, why governments measure income data and the main limitations of using income data to access living standards. This 33 slide PPT offers a perfect 2 hour+ lesson on national income data. The lesson looks at the following areas: Measuring National Income Why do Governments Measure National Income? What are the Limitations of Using National Income Data to Measure Living Standards? Other ways of measuring living standards The Big Mac Index The lesson has a number of written tasks throughout including two essay-based exam questions at the end. Overall a perfect lesson for A-Level economics.

Students will understand the key economic theory of how to measure inflation and the different causes it can have on an economy. Students will learn about cost-push and demand-pull inflation and how it links to the wage price spiral. The lesson includes tasks, examples and videos. The lesson also includes a nice inflation bingo task to help consolidate learning.

Students will understand the key economic theory of evaluating monetary policy. Students will reflect on how monetary policy can impact investment, savings, borrowing and consumer spending. The lesson also includes a task based on the financial crash in 2008. The lesson includes tasks, examples and videos.

Students will understand the key economic theory of monetary policy and how it can impact different government objectives. Students will learn about quantitative easing, the impact on employment and on price stability. The lesson includes tasks, examples and videos.

This lesson helps students complete many tasks linked to monetary policy. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching monetary policy. A perfect consolidation lesson.

Students will understand the key economic theory and history of the European Union (EU). Students will reflect on the impact Brexit and how it can positively and negatively impact the UK economy. Students will work in a group to reflect on the issues raised in the lesson. The lesson includes tasks, examples and videos.

Students will understand the key economic theory behind the main influences on exchange rates, such as inflation, interest rates, competitiveness and the balance of payments. Students will learn how to effectively evaluate exchange rates, and how they impact consumers and producers. The lesson includes tasks, examples and videos.

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.

This lesson helps students complete many tasks linked employment and unemployment. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching the unemployment. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of economic growth and the economic cycle. The lesson covers what is economic growth, the pros and cons of economic growth and the likely impact of economic growth to various stakeholders. The lesson also overs the stages of the economic cycle and what can cause a change in the cycle. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of employment and unemployment. The lesson covers the types of unemployment and how it is measured. The lesson also covers ‘stick wages’ and how this links to voluntary and involuntary unemployment. The lesson covers the natural rate of unemployment, NAIRU and the consequences of unemployment. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of the Short-Run (SRAS) and Long-Run aggregate supply (LRAS). The lesson reflects on both classical and Keynesian economic theory linked to this topic. The lesson also includes theory on how the banking system and the labour market impact aggregate supply plus the paradox of thrift. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

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.

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.