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Economics
Balance of Payments
Full lesson on balance of payments:
Purpose of balance of payments
Explanation of different sections
Causes of surpluses and deficits
Consequences of global trade imbalances
Links to deficits and surpluses to other macroeconomic objectives
133 slides in total
Colourful, contextualised, lots of activities with examples, animations
This resources lasted a week of lessons
Specialisation (Economics)
This lesson introduces the concept of specialisation and the division of labour
Economic Growth Multiple-Choice Questions
This is a simple activity comprising of 20 multiple choice questions on the content covered through the topic on economic growth, such as types of GDP, purchasing power parities, index numbers, subjective happiness, limitations of using GDP to measure economic growth.
All answers are included
Business Growth (Business and Economics)
Complete resource that explores organic and inorganic growth as well as constraints on growth
Purchasing Power Parity (Economics)
Colourful, engaging and informative lesson on PPP. Resource includes:
Colourful title slide with timer, learning objectives, animations and auto date
Editable recap starter activity on GDP / Economics growth
Step by step guidance as to what PPP through a range of activities relating to currency and exchange rates
A number of games and activities included, with answers
Sample PPP questions
There is a simple worksheet included
Quantitative Skills (Economics) Worksheet
This is a simple activity for students to practice some of the quantitative skills and topics covered in A Level Economics, such as elasticity, terms of trade and the multiplier, business objectives.
There are 50 questions with answers included
Business Objectives (Economics)
Activity on Business Objectives (Economics).
I sometimes use this resource during the teaching of this topic or as a revision and retrieval activity much later in the specification to see how much students remember.
Students need to fill in the boxes on page 1 using the boxes on page 2.
All answers included.
We often have a discussion as to why each answer is correct.
Interpreting elasticities worksheet
Attached is a worksheet on PED, XED, YED and PES.
Students need to calculate the values as well as interpret what the values mean, such as whether demand is price elastic or inelastic (PED), or if goods are complements or substitutes (XED), etc.
There are 16 questions in total.
All answers are included, allowing you or the students to review and grade the worksheet.
Allocative Efficiency (Economics)
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
Human Development Index
A lesson that explains what HDI, how it measured and other measured of development.
Explanations, editable starter activities and videos included
Comparative and Absolute Advantage
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
Index Numbers
Complete lesson with additional worksheet on index numbers.
Included in this resource:
Activity on why quantitative skills are important in economics
Explanation of what index numbers are and why they are used
Step by step instructions are to how index numbers are calculated
8 activities on index numbers (all answers included)
This lesson took me an hour and a half to go through with my students
Economic Growth / GDP PPT AND Worksheet
This resource provides a comprehensive overview of how GDP is used to measure economic growth. Included in this resource:
A colourful and engaging title slide with learning objectives, animations, auto date, timer and bell
Recap starter activity on basic economic vocabulary (tile reveal activity). Answers included.
Detailed explanations of economic growth, GDP, GDP per capita, real GDP, total GDP, GPD value and volume, and GNI
Activities with answers for most of them (guess the price inflation activity for real GDP, GDP inflater activity - both with answers)
Detailed notes
Contextualised examples
Worksheet with tasks linked to PPT content. Activities include past paper questions, calculation activities and a ranking of nominal GDP task
This presentation and worksheet took roughly two hours to complete with my students.
Positive Normative Worksheet and Teams Form Quiz
Save yourself some time with this multiple-choice question activity on positive and normative statements, and the economic problem.
You can either use:
The paper worksheet of 44 questions with answers included. Students can peer mark this to save you time
AND / OR
The same activity but with an additional 5 questions as Teams Quiz you can set for classwork or homework. The activity self marks once students finish the quiz so that you can download the results after to see how they have done. The link for you to duplicate and download this has been included at the end of the worksheet.
This resource has been designed to save you time…
Teaching shouldn’t just be about work - get yourself down to the pub / spend some time with your family / go for a walk!
Please let me know if you have any issues / questions
Economics as a Social Science WORKSHEET
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
Economics as a Social Science (Lesson + Worksheet)
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
Public Expenditure (Macroeconomics)
This 83 slide presentation covers public expenditure (4.5.3 in Edexcel specification).
Included in this resource:
A colourful and engaging title slide with learning objectives, auto date and time, animations and timer (with short bell)
Editable recap starter activity (knowledge recall)
Lots of interesting and engaging activities surrounding taxation, such as calculating Boris Johnson’s salary as PM, taxes on lottery winnings and game shows
Ranking activity on UK public expenditure
Detailed notes on capital and current expenditure, transfer payments, reasons why this may change and impact on wider economy
Contextualised examples and embedded videos, such as HS2
15 marker practice essay on financial markets (prior topic) with scaffolds and model answer
This lesson took me two hours to complete
Consumption (Aggregate Demand)
This resource explores the consumption component of aggregate demand.
Included in this resource:
Colourful and engaging title slide with learning objectives, autodate, bell, timer and animations
A fun catchphrase starter activity (guess the business or product just from the pictures)
Fill the blanks starter activity that recaps what aggregate demand is
Detailed notes on what consumption is and the factors that affect it
Video contextualising factors affecting consumption
Examples of AD components in other countries
5 marker practice activity, with structure and model answers
Answers included for every activity.
This resource took me 1 hour to go through with my students
Costs (Economics) - TFC, AFC, TVC, AVC, AC, TC, MC
A 125 slide complete lesson on short-run economic costs. The presentation inlcudes:
Colourful and interactive title slide with timer, animations and learning objectives
Editable key term recap starter activity
Detailed, step by step explanations of each cost (diagram and calculation)
Printable slides with activities for students (answers included)
Past exam questions (with answers)
This lesson took me three hours to complete with my students.
Revenue (Economics) - TR, MR, AR, PED
This 100 slide lesson details:
the meaning of total revenue, marginal revenue and average revenue
the relationship between marginal revenue and price elasticity of demand
the concept of price-taker and price-maker
the formula used to calculate each type of revenue
diagrams for TR, MR and AR depending on whether the firm is a price-taker or price-maker
Engaging activities are provided throughout (answers included)
Questions and answers are also provided
Resource is colourful and interactive with animations throughout
This lesson took me 4 hours to complete with my students