This lesson introduces learners to the different types of efficiencies. We start by watching a clip of Goldilocks to understand allocative efficiency - we go deeper into it and look at the definitions and illustrations of the different efficiencies. Videos and questions based on x-inefficiency and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the monopolistic market structure, we start by looking at the features of this market, then looking at some real life examples of firms that operate within this structure. We then look at illustrating this market structure in the short-run and long-run (animated diagrams to help students with drawing) before looking at pros and cons of monopolistic competition. A consolidation task and a true and false quiz to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply of labour, we start by looking at the individual (backward bending) labour supply curve before looking at the industry supply curve to understand workers and their choice between leisure and work. We look at the factors which can affect the supply of labour, with examples and illustrations on diagrams. A selection of video case studies to contextualise the topic with recent stories. We then go on to look at the elasticity of supply and the factors which make supply elastic/inelastic. 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 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 lesson introduces learners to the causes of economic growth, we start by looking at what growth is by differentiating between actual and potential growth. We look at different ways to show growth through step by step diagrams. We watch a few videos for context on economic growth and the export-led economic growth of Bangladesh. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the different objectives of businesses. We look at the four objectives and their illustrations on a diagram, we also look at real life examples/videos of businesses with different objectives for context. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of revenue in Economics. We first start by looking at the law of diminishing marginal utility to understand how curves will look. We then look at each formula, with examples of figures + an activity where students calculate the total revenue, average revenue and marginal revenue. Students are made aware that revenue will be different in perfect competition compared to imperfect competition. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

New for 2021, this bundle for Edexcel’s A Level Economics Theme 3 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 Theme 3 - Business behaviour and the labour market Note: All Theme 3 lessons have been uploaded individually too. The purpose of this upload is to bundle it with Theme 4 (due to the 20 resource limit)

This double lesson introduces learners to exchange rates - all three systems. We start by looking at students currents understanding of currencies around the world before discussing the features of the three exchange rate systems. We look at what can cause a floating exchange rate to appreciate or depreciate (with diagrams), we also look at devaluation of a fixed exchange rate system. Pros and cons of each system is discussed. Video case studies and articles to contextualise. We also look at the J-curve and Marshall-Lerner condition so students can use these to evaluate when writing about exchange rates. A box plenary and kahoot quiz to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to factors which influence the growth and development of a country. There are quite a few factors on the specification so this could be delivered as a student-led task to research two factors per pair. We then feedback what students have found out but also go through each factor on the board to fill in any gaps in knowledge or clear misconceptions. This ought to help go through the spec requirements quicker and more effectively. We also look at non-economic factors such as corruption, war and disease. Some true or false questions, video case studies to contextualise the topic, a debate question and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the various types of trading agreements that exist such as free trade agreements, customs union, common market and monetary union. We look at each with real life examples, a few video case studies to bring these trading agreements to life. We look at the pros and cons of regional trade agreements before reading a case study on RCEP - with an exam question and answer to look at. In the second part of the lesson we focus on the world trade organisation, its benefits and why the protests happened ‘Battle in Seattle’. Two box plenaries to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to restrictions on free trade. We start by looking at what protectionism is and why governments and countries might want to impose them. We look at various forms of protectionism such as tariffs, quotas, subsidies, non-tariff barriers. All broken down in a simple and easy to understand way, particuarly the tariff diagram which can be tricky - this is animated so the teacher can explain what is happening, as well as the impact on consumer/producer surplus, government revenue and deadweight loss. Plenty of video case studies to bring this to life such as USA (Obama and Trump) tariffs on China. Debate tasks and kahoot quizzes included. Colourful, concise and engaging slides! Thank you