This set of resources includes 1x PPT, 2x word files and can be delivered over a double lesson. Learners build on the knowledge of scarce resources by illustrating combinations of outputs on a PPF curve. We break down the curve with examples for different scenarios such as inefficient and efficient use of resources, students have an opportunity to consolidate this by having a go at drawing the curves. We then go on to look at shifts in the curves and causes of the shifts. A task to calculate opportunity cost before a group presentation task. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the important concept of specialisation and divison of labour, we start with a game where students produce a paper aeroplane, with and without specialisation to introduce the concept of efficiency when speciailising. We talk about the roots of this concept from Adam Smith and some real life examples of long supply chains yet the most efficient. After looking at divison of labour and functions of money, students have the opportunity to attempt a specialisation question (on a macro level rather than micro but same concept), structure guidance and a concise model answer is provided before we finish with a box plenary. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x PPT and 2x word files and can be delivered over a double lesson. We start with a recap of PED as knowledge of this needs to be secure before moving onto YED to prevent future confusion. We look what YED measures, the formula and the different types of goods that exist such as inferior and luxury goods. Students have the opportunity to practise plenty of calculations on YED, some of which require percentage change to be calculated before calculating YED. All answers are provided. We then go onto look at factors that affect the income elasticity of a good such as necessity and luxuries. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply and the factors which influence it. We start by looking at why suppliers supply, once students grasp that it is for the incentive of profit we look at examples which can affect supply. We then go on to illustrate these impacts on diagrams with shifts in the supply curve - all broken down so students can grasp it quickly. We then have a four mark question with a case study on the supply of houses, guidance on the assessment objectives required and concise model answers for students to look at when peer assessing. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces leaners to indirect taxes and subsidies. We look at different types of indirect tax such as specific unit tax and ad valorem before looking at real life examples of these taxes so students can paint a picture of how it works in the UK. Animated step-by-step diagrams to help students with drawing the diagrams in their answers. We look at the sugar tax and students debate for and against the tax before going on to subsidies. For subsidies, we look at examples and diagrams as well before finishing off with a kahoot quiz and box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to public goods, what they are with examples of them, we then consider the free rider problem and why the private sector doesn’t offer public goods. We then look at information gaps and examples of how this could lead to market failure through witholding information and moral hazard. Colourful, concise and engaging slides! Thank you

This set of resources includes 2x PPT, 2x word files and can be delivered over 2-3 lessons. Learners are introduced to the concept of inflation. We start by talking about how prices have changed hugely compared to the 1960s and 70s to stimulate students on the topic. We look at what inflation is, how it is measured, changes to the basket in 2021, cost push and demand pull causes, effects of inflation on consumers, firms, workers and the government - all with relevant examples, exam questions with model answers are provided too. In the second lesson, we build on this by looking at index numbers and their uses, particularly when looking at inflation. Finally, we look at the limitations of the CPI index and finish off with a kahoot. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to one of the components of AD - consumption! We start with a recap of AD before looking at what consumption and disposable income is, we look at examples of where consumption comes from, marginal propensity to consume, save and APC formulas. A calculation task for consolidate the marginal propensity to consume. Some diagram practice before ending with a box plenary. Colourful, concise and engaging slides! Thank you

This set of resources includes 2x PPT, 2x word files and can be delivered over 2-3 lessons. Learners are introduced to employment and unenmployment. We start by learning about the two key measures of unemployment in the UK with activities, two short exam style questions with answers to consolidate before looking at the different types of unemployment that exist. We also look at the difference between unemployed and underemployed. In the second powerpoint, there is a focus on exam technique, we look at the effects of migration and then an essay exam style question on the impact on employment in the UK. We look at costs of unemployment to various parties before playing a kahoot on unemployment and finishing off with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the components of aggregate demand before looking at each component in greater detail later in the course. We start by breaking down the definition of aggregate demand to undestand the components involved. We look at the AD curve and understand why it slopes downwards and why it is different to the micro demand curve although looks the same. We look at movements and shifts in the AD curve and students have the opportunity to practice drawing the diagram with shifts - answers provided. A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to investment as part of aggregate demand. We have a recap of consumption before looking at what investment in Economics means, including the difference between gross and net investment. We then look at the influences on investment with examples, a link to a BBC article for context and a set of questions with answers on the following slide. We also look at a case study of when UK business confidence was low - an 8 mark question on this with guidance and a concise model answer. We finish with a box plenary to consolidate. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the final two components of aggregate demand - government expenditure (G) and net trade (exports - imports). We start with a recap on investment before looking at different categories of government spending. We then look at some recent examples of how much government has spent as well as the 2021 budget by Rishi Sunak. Students can see the difference between a budget deficit and the national debt. A short exam style question on the increase in tax allowance with a model answer on the following slide. In the second lesson, we look at net trade and factors which affect the UKs net trade balance. An 8 mark question with a model answer for students to look at for improvements to own answers. We finish with a true and false quiz and a box plenary. Colourful, concise and engaging slides! Thank you

This lesson builds on students’understanding of the impact of economic growth. We look at each economic agent and talk through the advantages and disadvantages of growth to them. Once the knowledge is there we look at an 8 mark question to develop exam technique - a model answer is provided for students to look at. We finish with a box plenary and some quiz questions on theme 2. Colourful, concise and engaging slides! Thank you

This lesson builds students understanding of the elements of the trade cycle, we start with a recap on output gaps before looking at the trade cycle, a basic example going onto a real GDP growth graph. We identify the differences between the four stages before watching a video on the impact of the recession created by COVID-19. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This new for 2021 bundle for Edexcel’s A Level Economics Theme 1 is the ultimate pack for teachers delivering this course. Captivating powerpoints, the highest quality, unrivalled lesson experiences from start to finish. Filled with real life examples and step-by-step animated diagrams. Please have a look at individual files to see previews. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you Note: The purpose of this upload is to bundle theme 1 with theme 2 to create a year 1 bundle due to limit of 20 uploads per bundle. You can find theme 1 individual lessons in the shop too. Theme 1 - Introduction to markets and market failure