Included in this worksheet: Activity 1 - Match the key term with the definition based on key terms included in this topic, such as the economic problem, utility and ceteris paribus Activity 2 - Challenge the economic assumptions (a key skill for an A/A*) Activity 3 - Select whether the scenario is micro or macro Activity 4 - Trivia on UK economy in 2024 All answers are included so the activity can be marked by the teacher / peer / self marked The activity took around 10 minutes for my students to complete

The PowerPoint attached is an informative presentation that explains the difference between command, mixed and free market economies. Contextualised exams provided throughout. This presentation contains 18 slides and took me 30 minutes to go through

This is a complete lesson on comparative and absolute advantage. The presentation explains both step by step and includes a range of games, activities and questions throughout. There are also a couple of past paper questions with answers at the back. A key term editable starter activity is included at the start. Engaging and colourful throughout. This presentation contains 45 slides and took me an hour and a half to go through with my students

Arguably the trickiest of the efficiencies students need to understand. This presentation has been designed to break this efficiency down and explain it step by step. Productive and dynamic efficiency also recapped in a starter activity. Lots of activities included in the presentation. Last few slides go through exam technique for 8-markers (Edexcel) with a sample question and model answer

A detailed and colourful worksheet designed to test a range of skills covered in this topic. The worksheet contains 6 activities, each taking between 5 and 15 minutes to complete. It took most of my students between 45 minutes and an hour to finish this worksheet. The activities are as follows: Activity 1 - A fill the blanks activity that test students’ knowledge of the vocal and terminology used Activity 2 - Calculating PED, percentage changes and recognising the different types of PED Activity 3 - ‘Developing your answers’ - students need to recognise and explain factors that influence PED Activity 4 - Revenue boxes Activity 5 - Diagrams Activity 6 - More complex calculations / application ALL ANSWERS ARE PROVIDED IN DETAIL and have been written in a way that is broken down for students to easily understand. I ran this activity as a peer marking exercise and collected everyone’s work at the end of the lesson to check if there were any gaps in understand to review the following lesson. This saved a lot of time!

A detailed (102 slide) PowerPoint presentation on tariffs, quotas, trade subsidies and other forms of protectionsim. This presentation includes: Colourful slides Videos Activities Links to syllabus A detailed step-by-step instructions on how to draw tariff, quota and trade subsidy diagrams Homework activities Contextualised examples

This lesson introduces the concept of market failure and explains what each of the key types of market failure are (externalities, under-provision of public goods and information assymmetry) Included in this presentation is: A colourful title slide with the key learning objectives A ‘guess the question’ starter activity with answers A step-by-step explanation as to what market failure is Video showing an extreme example of externalities Fill the blanks externality activity Externalities sorting activity with answers Positive externality activity Information gap activity Detailed and colourful notes throughout This presentation is 32 slides in length and took me one hour to go through

Colourful. Engaging. Informative. This PowerPoint has been creating to introduce students to the concept of price elasticity of demand. Included in this PowerPoint: A detailed and colourful title page, highlighting the skills that will be covered over the duration of this topic A starter activity where students need to rank in order which goods / services would be most to least affected by a change in price Discussion points Slides detailing how price elasticity of demand is calculated, with an example Slides explaining what the numerical values mean (how to interpret them) Calculation questions with answers Explanation of the factors affecting price elasticity of demand This resource took me one hour to go through as a class

A colourful and detailed presentation that explores types of taxation. Included in this presentation: A fun Catchphrase starter activity where students have to look at images to guess the name of a product or service (my students love this!) An initial true or false quiz about types of taxes (England specific) 4 slides illustrating how much tax revenue the UK generates in comparison to other countries and how that tax revenue is spent. A sample payslip is also shown to illustrate some of the deducations are taken from income tax Colourful and detailed examples of the main forms of tax students need to know about (income, corporation, VAT, National insurance, business rates) A ‘how much income tax does Boris pay!’ activity that students love. It illustrates that income tax brackets are different at different thresholds of income Disadvantages of taxation Useful tips and notes as to how to evaluate a question that refers to taxation This lesson took me an hour to complete

A worksheet that tests understanding of directly and indirect taxation. There are 4 activities in this worksheet: A fill the blanks activity that tests students understanding of types of direct and indirect taxation and the correct terminology used depending on the tax being discussed An activity where students need to calculate tax per unit, incidence on producers, consumers and government revenue An activity where students need to explain why the incidence on the producer / consumer changes depending on the price elasticity of demand An extension of activity 2 where students are given 4 additional diagrams where they need to complete additional calculations and label the incidence / tax revenue 3 multiple-choice questions on indirect taxation Detailed answers of all* activities are provided in this worksheet This activity took between 20 and 30 minutes for my students to complete

This resource is a 17 slide PowerPoint that explains the concept or rational decision making. Included in the presentation: A colourful and informative title slide that outlines the learning objectives An engaging and interactive online ‘vortex’ starter activity. Students need to match which key term links with which of four topics. Activity is self marked and instructions are included Explanations of how rational decision making is a principle of neo-classical economics Contextualised examples of how customers don’t always act rationally (Nudge Theory, Third Decoy, Dopamine, FOMO) Explanation as to why consumers may not act rationally This resource took me 30 minutes to complete

This colourful and informative resource is fully comprehensive, and includes a number of tasks that test learning that do not require any marking from the teacher. Included: A detailed and colourful title screen, outlining the learning objectives and including an interactive timer and picture animations A ‘guess the question’ starter activity with answers that tests understanding of earlier macroeconomic content A quiz on UK imports and exports Detailed explanation of ‘weighted indexes’ with questions and answer scheme included Past exam question with mark scheme on terms of trade Link to a video reviewing terms of trade and index numbers Detailed explanations of factors affecting terms of trade and Prebisch-Singer hypothesis 8 mark question with mark scheme Homework tasks, including a link to a Teams Quiz with 17 questions on terms of trade. Questions are self-marked when students respond All resources took me 3 lessons to go through

This PowerPoint presentation and worksheet has designed based on the Edexcel A Level Specification but can be applied to any exam board. The PowerPoint includes: Detailed and colourful title page with animations, auto calendar date, gifs and timer Starter activity that test students’ understanding of economic terminology they should be familiar with in the news Detailed explanation of what economics is Challenging assumption activity Detail notes All answers included The worksheet has 4 activities: Match important key terms relating to this lesson Challenge the assumption activity Micro or macro scenario UK economy trivia

This presentation contains: Colourful, detailed and engaging slides throughout A ‘random name selector’ key term starter activity 7 timed past MCQs on a range of Economic concepts (interactive timer included) All answers included. Activities throughout Detailed notes throughout Explanations of Lorenz Curve and Gini-coeffient A comprehensive presentation. There are 65 slides in total and this lesson took me an hour and a half to go through with students

Included in this PowerPoint: Colourful and engaging slides Guess the question starter activity with answers (questions and answers cna be changed) Detailed notes A range of activities throughout with answers Step by step demonstrations on how to show and calculate both the consumer and producer surplus This presentation contains 38 slidea and took me an hour to go through with students

This presentation contains 73 slides and introduces what tax is before going into detail about indirect taxation and how to interpret diagrams that ask questions on indirect taxation. Included in this presentation: A Catchphrase starter activity A true of false short quiz that asks students about 4 different types of tax around the world Information about how much tax is generated in UK compare to poorer countries, what that tax revenue is spent on and how it is sourced Distinctions between direct and indirect taxes. Although Econs exams focus more on indirect taxes, explaining direct taxes gets students engaged into the lesson A ‘how much tax does BOJO pay’ activity that students really enjoy Notes on indirect taxation A step by step explanation of how to interpret and make calculations on tax diagrams A calculation activity that students need to complete Notes on disadvantages of tax increases Evaluative suggestion points the extent to which tax rises are harmful These slides took me an hour and a half to go through with my students.

This PowerPoint includes: An activity that introduces students to the concept of complements, substitutes and unrelated goods A activity where students have to match pairs of complement and substitutes goods An activity where students have to calculate the XED of a pair of goods Detailed notes on how to calculate XED and what the data means This presentation contains 21 slides and took me 45minutes to complete

This PowerPoint includes: An activity that introduces students to the concept of complements, substitutes and unrelated goods A activity where students have to match pairs of complement and substitutes goods An activity where students have to calculate the XED of a pair of goods Detailed notes on how to calculate XED and what the data means This presentation contains 21 slides and took me 45minutes to complete

Included in this PowerPoint: A detailed and colourful title slide that outlines the key learning outcomes and equipment required for the lesson A starter activity where students are required to guess how the price of 5 goods and services has changed over time (closest for each round wins). Students really enjoy this activity Explanation of why / when inflation becomes a problem, how it affects incomes and sectors where incomes have risen lower and higher than inflation Explanation in basket of goods / weighted index Step by step explanation of how inflation is calculated using weighted index Activity (with answers) where students are required to calculate inflation changes using a weighted index Activity (with answers) - identify which goods and services have been recently added and removed from the basket of goods Explanation of difference between demand-pull and cost-push inflation with examples Diagrams for both types of inflation Presentation is detailed and colourful throughout There are 52 slides in total and this presentation took me an hour and a half to go through.

This lesson can be used either to teach Business students about competition, market structures and how consumers can be affected by anti-competitive practices OR to teach Economics students about the different features of market structures and why competition / a lack of competition affects different stakeholders. Included in this lesson: A colourful and detailed title slide outlining the key learning objectives An income elasticity of demand starter activity suitable for both Business and Economics students (calculation / explain / diagram question). A printable slide of the questions has been provided with a detailed answer key on next slide for peer marking. A detailed and contextualised example of how a lack of competition affects different stakeholders (Epic Games legal battle with Apple over Fortnite) Brainstorming activity on competition A rank in order activity on types of competitive markets Detailed notes on competition, monopolies, oligopolies, monopolistic competition, perfect competition, Game Theory, types of anti-competitive practices such as Cartels, OFT. This presentation contains 37 slides and took me an hour to go through with my students.