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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.
Competition & Market Structures Revision / Overview Lesson - A3 Worksheets & Research Task
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Competition & Market Structures Revision / Overview Lesson - A3 Worksheets & Research Task

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This lesson helps students complete many tasks linked to Competition and Market Structures. The lesson will help retrieve and re-cap on essential theory and tasks. This is the perfect lesson to cover after competition theory has been covered in class. The lesson also includes a detailed research / independent study task - perfect for homework. Main Aim: Students will re-cap and revise the key theory of competition and market structures. Students will cover three A3 revision sheet that covers all the key questions linked to competition. Students will practise theory, analysis, exam and data-based questions. Students can also complete a detailed research task on competition.
Leadership Styles - Demographic, Autocratic, Paternalistic & Laissez-Faire - Business Studies Lesson
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Leadership Styles - Demographic, Autocratic, Paternalistic & Laissez-Faire - Business Studies Lesson

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A great lesson on teaching four of the main leadership styles in the world of business. There is clear theory on the importance of a good leader and how that can influence how businesses and companies are run. There is detailed theory on the pros and cons of demographic, autocratic, paternalistic and laissez-faire leaders. I have included examples for each type of leader. The lesson starts with a great leadership quiz, this will determine what type of leader each student is (I like to do a tally of the results on the board and see which type of leader is the most common). I like to refer back to the leadership quiz throughout the lesson after each type of leader is properly covered and see if students agree with their results. I have also included a nice task where students need to vote the leadership styles of famous entrepreneurs. The lesson finishes with a task where students need to read different scenarios and vote which type of leader would be best and explain why. Perfect for GCSE Business Studies.
How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient - Lesson 3 of 4
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How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient - Lesson 3 of 4

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This lesson at how poverty and inequality is measured. The lesson focuses heavily on both the Lorenz Curve and how the Gini Coefficient is used to measure a countries poverty and distribution of income. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice gap fill worksheet. I have also included a nice worksheet based on the Gini Coefficient. The lesson concludes with past exam style questions. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and how their is clear inequality in the UK and the World and how it is measured. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 3 of 4 covering poverty and the inequality of the distribution of income.
Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks
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Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks

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A nice lesson that covers the three industrial sectors in a lot of detail. The lesson introduces the three sectors with relevant theory and examples and reasons why each sector may be increasing or decreasing. I have included many tasks throughout the lesson. This includes a fun traffic light style quiz that looks at examples and gets students to guess which sector or sectors they belong in. The lesson concludes with a nice task where students have to write and draw a nice timeline for an industry of their choice and how it can change over the three sectors. A good lesson aimed at GCSE which could be used for Business Studies, Economics and Geography students,
The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6
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The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6

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This detailed lesson introduces the labour market. The lesson looks at the goods and factor markets and how the labour market impacts perfectly competitive firms through graphs and examples. The lesson also looks at the main reasons why people work and includes a past paper exam style question. I have also included a fun 'The Price is Right' style game based on salaries and jobs. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Pack 1 of 6.
Income & Wealth - Inequality, Distribution of Income & Poverty - A-Level Microeconomics - 1 of 4
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Income & Wealth - Inequality, Distribution of Income & Poverty - A-Level Microeconomics - 1 of 4

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This lesson at the difference between income and wealth and how this has a major impact on the distribution of income in the UK. The lesson aims to help students cover the following objectives: * Students will fully understand the difference between income and wealth and how it can impact inequality in the UK. * All Students will understand the difference between income and wealth * Most Students will understand and be able to analyse the different factors that cause an unequal distribution of income and wealth in an economy * Some students will be able to answer a past exam question. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice whiteboard starter activity and a brief re-cap on elastic and inelastic supply of labour tick sheet. I have also included a nice worksheet that gets students to fully look at the clear difference between income and wealth. Students also look at the main causes of inequality in the distribution of income & wealth in the UK. The lesson concludes with a past exam style question - with a useful template to help answer the question properly. I have included a nice worksheet that follows the PPT very carefully. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and how their is clear inequality in the UK and the World. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 1 of 4 covering poverty and the inequality of the distribution of income.
Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets
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Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets

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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.
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

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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.
The Product Life Cycle - Marketing Mix - PPT & Worksheet - GCSE Business Studies
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The Product Life Cycle - Marketing Mix - PPT & Worksheet - GCSE Business Studies

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A nice lesson on the product life cycle. Numerous tasks throughout and key theory on the main stages of the product life cycle and up to date examples of products for each stage. The lesson also looks at various extension strategies and how they can impact the product life cycle. The extension strategies covered are prices changes, advertising, adding-value, changing packaging and targeting a new market. I have focused on products and services students can easily relate to throughout the lesson including Apple iPhones, games consoles etc. I have also included a nice worksheet on the product life cycle. Perfect for GCSE Business Studies.
Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative
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Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative

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This high quality lesson looks at the five main economic efficiencies as listed below: Technical efficiency Productive efficiency X-Efficiency Allocative efficiency Dynamic efficiency Each type of efficiency is clearly explained and uses relevant examples and diagrams. I have included various tasks throughout the lesson as listed below: Starter - Mini Whiteboard Task Economic Efficiency Consolidation Quiz Peer work: Exam Question Analysis Plenary Post-it Notes – Key Economic Efficiency Tips The teacher PPT is 34 slides and will help deliver a top quality lesson. I have also included a streamlined student copy of the PPT and a efficiency test. This lesson is perfect for A-Level Economics.
Positive & Negative Externalities - Market Failure - A-Level Economics - PPT & Tasks
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Positive & Negative Externalities - Market Failure - A-Level Economics - PPT & Tasks

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

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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.
The Economic Problem - Scarcity, Opportunity Cost & Choice - Capital & Consumer Goods - Economics
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The Economic Problem - Scarcity, Opportunity Cost & Choice - Capital & Consumer Goods - Economics

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A nice lesson that covers the economic problem. The lesson looks at scarcity and choice and how resources are allocated. The lesson looks at opportunity cost and includes a nice task on this topic. I have also included a Mars Bar utility task which will keep students engaged. I have also included a keyword scramble and a nice factors of production gap fill task. I have also included a nice worksheet based on topics around the economic problem - this worksheet includes matching tasks, gap fills and questions. I have also included a student version of the lesson. This lesson can be used for either GCSE or A-Level Economics. Lesson aim: Students will fully understand the economic problem and how resources are allocated.
Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4
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Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4

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This lesson looks at how poverty and inequality is linked to both the earnings and poverty trap. The lesson focuses on the earnings trap, the poverty trap, the underground trap, the underground economy and the difference between equity and equality. The lesson then looks at both horizontal and vertical equity. The lesson also looks at government policies that are designed to reduce poverty. The lesson includes lots of detailed theory, diagrams, examples and tasks. I have also included a nice gap fill worksheet. I have also included a nice starter activity on the Lorenz Curve. I have also created a nice government policy matching task. The lesson concludes with past exam style questions. I have also included a fun economics Pictionary game for the topics covered in poverty and further back in the syllabus. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and the distribution of income. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 4 of 4 covering poverty and the inequality of the distribution of income.
Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise
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Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise

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This bumper lesson covers everything students need to know about franchises. This PPT includes a description of franchises, there pros and cons and includes various tasks throughout. The lesson also includes relevant examples of business franchises and links to some great videos. The lesson also looks at the important difference between a franchisee and a franchisor. I have also included two detailed worksheets based on franchises that can be used straight after the PPT is used in class. This is a perfect resource for GCSE Business Studies and the Setting up a New Business unit. I have also included a 10 question multiple choice quiz, which is perfect for the lesson starter.
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

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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.
Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task
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Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task

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This detailed PPT helps introduce macroeconomics and the main government objectives. The lesson starts with a simple look at what macroeconomics is and which stakeholders it impacts. Below is a summary of the overall lesson objectives: Students will understand the main objectives of government macroeconomic policy: economic growth, price stability, minimising unemployment and a stable balance of payments on current account. The lesson looks mainly at the main government objectives, as listed below: * Stable low inflation * Sustainable growth * High employment * Improvements in productivity * Rising living standards and a fall in relative poverty * Sound government finances The lesson introduces each topic in brief detail to help students get an overview of the different objectives. The lesson also includes a 10 mark data exam style question based on the topic. I have also included links to a few key videos throughout the lesson to help students understand the topic. The lesson concludes with a fun group activity where students need to work together to create their won political party and come up with their own objectives and how they hope to improve the economy. I have included grading cards that can easily be printed and filled in to help students vote on their elected party. The plenary is a simple traffic light quiz that re-caps on the key theory covered. This lesson is perfect for introducing macroeconomics to students. It has been designed for the new Economics A-Level, but could easily be used for GCSE and other economic based courses. The lesson is linked to the UK economy, but again this could easily be updated for other countries. A perfect introduction to macroeconomics and government objectives.
Operations - Production Methods - PPT & Worksheet - GCSE Business Studies
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Operations - Production Methods - PPT & Worksheet - GCSE Business Studies

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A good lesson that covers the theory behind the main production methods. This PPT covers job, batch and flow production. It also covers CAD, CAM and CIM manufacturing. It also looks at the difference between automation and mechanisation. It has links to a few key videos. The lesson starter asks students to guess how long it takes a computer and robot to solve a Rubik’s cube - with a link to the relevant video. The lesson concludes with a detailed worksheet that covers all the key theory in production. A great lesson that helps cover operations for GCSE Business Studies. This lesson may also be useful for design technology lessons.
Business Ethics - CSR - Corporate Social Responsibility - Business Studies - GCSE PPT & Tasks
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Business Ethics - CSR - Corporate Social Responsibility - Business Studies - GCSE PPT & Tasks

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A great lesson on teaching business ethics. The lesson starts with students asked to decide whether it is right that Nike uses sweatshops to increase profits - students write down their response on a post-it note and add it to the whiteboard. Students are then shown a great 20 minute documentary on Nike and Sweatshops (link to video included) and then they get an opportunity to change their view. This lesson then looks at the pros and cons of businesses operating ethically and how it may impact their image. The PPT includes examples of some of the least ethical businesses. The lesson then looks at the evidence of whether McDonald’s is ethical or not. Students then consolidate their learning with the 2 page worksheet. A great fun and interactive lesson that helps cover the Growing as a Business topic in GCSE Business Studies.
Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers
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Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers

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This lesson looks at business growth and focuses on business growth and integration. The starter activity re-caps on the three industrial sectors and the difference between internal and external growth. The PPT then looks at the pros and cons of mergers and takeovers. The biggest section of the PPT is the look at integration. There are clear examples of vertical, horizontal and conglomerate / diversification / lateral integration. There are many tasks throughout and two very detailed worksheets to help with the theory. This lesson could easily be used for A-Level Business Studies and also used for Economics. Perfect for teaching the Growing as a Business topic in GCSE Business Studies.