Michael's shop
Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
159Uploads
33k+Views
17k+Downloads
Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
Business and finance
XED: Cross elasticity of demand (AS-level Economics)
AS Microeconomics lesson (Edexcel) covering cross elasticity of demand (XED).
Full 1-hour lesson includes:
PowerPoint
Activities
Previous exam practice questions
Worksheet (PED; YED; XED questions with answer sheet)
7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
YED: Income elasticity of demand (AS-level Economics)
AS Microeconomics lesson (Edexcel) covering income elasticity of demand (YED).
Full 1-hour lesson includes:
Starter worksheet
PowerPoint
Activities
Previous exam practice questions
Worksheet
Graph practice homework sheet
7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Bundle
AS-level Microeconomics bundle: Introductory concepts (8 lessons + worksheets)
Bundle of 8 lessons covering the first 5 chapters (Introductory Concepts) of Edexcel AS-level Economics (Student Book 1).
Each lesson includes a PowerPoint (plus worksheets/activities):
Lesson 1: Introduction to Microeconomics
Lesson 2: Scarcity
Lesson 3: Opportunity cost
Lesson 4: Factors of production
Lesson 5: Production possibility frontiers
Lesson 6: Specialisation & Division of labour
Lesson 7: Functions of money
Lesson 8: Types of economy
Also includes Economics reading diary (discussed in lesson 1)
Further 7-lesson bundle covering following chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
Bundle
Cambridge IGCSE Business Studies (Section 6): External influences on business activity (8 complete lessons)
Eight lessons covering Cambridge IGCSE Business Studies, Section 6
Each lesson is comfortably 1-hour long (what they don’t finish I set for homework) and includes a PowerPoint plus various activities and/or worksheets.
Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12494613
Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12494998
Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12495450
Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12499066
Lesson 5 can be found here: https://www.tes.com/teaching-resource/resource-12505357
Lesson 6 can be found here: https://www.tes.com/teaching-resource/resource-12507546
Lesson 7 can be found here: https://www.tes.com/teaching-resource/resource-12509139
Lesson 8 can be found here: https://www.tes.com/teaching-resource/resource-12516750
Exchange rates: IGCSE Business
Lesson 8 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - Exchange rates.
PowerPoint introduces exchange rates and explains how changing money from one currency to another works (using holidays abroad as an example). Students are then shown how appreciating or depreciating exchange rates affect the cost of raw materials for businesses.
Also attached is a worksheet - in which students must fill in the key terms, research exchange rates (explaining why they are important for a business), and then say why other factors (other than exchange rates) might be more important for business success.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Globalisation: IGCSE Business
Lesson 7 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - Globalisation.
PowerPoint introduces globalisation (free trade versus import quotas and protectionism) and asks students to think about the opportunities and threats it presents for business.
Also attached is a worksheet - in which students must fill in the key terms, complete an opportunities and threats of globalisation table and then write a letter to a world leader explaining why globalisation would be good for his/her country.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
P.S. I borrowed some graphics (and the starter activity) from this resource by g9921317: https://www.tes.com/teaching-resource/introduction-to-globalisation-12104545
Ethical issues (consumer boycott poster): IGCSE Business
Lesson 6 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - environmental and ethical issues.
PowerPoint looks at ethical issues (child labour; bribery; collusion) and asks students to think about what businesses have to gain from being ethical (and what damage might be done from being unethical).
Students are then challenged to produce a ‘consumer boycott’ poster based on an unethical practice of their choosing.
Worksheet with key terms table to fill in, questions to answer and poster instructions/ideas also attached.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Pressure groups & consumer boycotts: IGCSE Business
Lesson 5 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - environmental and ethical issues
PowerPoint looks at sustainable development and then asks students to think of the reasons how and why businesses ‘go green’ (pressure groups, consumer boycotts, change in law).
Also attached is a worksheet with key terms table to fill in, questions to answer and loads of examples of consumer boycotts past and present.
Easily filled a 1-hour class.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Sustainable development (externalities): IGCSE Business
Lesson 4 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - environmental and ethical issues.
PowerPoint recaps government monetary policy and then discusses externalities caused by people and businesses.
Also attached is a worksheet with key terms table to fill in and questions to answer.
Easily filled a 1-hour class.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Monetary policy: IGCSE Business
Lesson 3 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - government economic objectives and policies.
PowerPoint recaps** fiscal policy** & government tax / spending and then explains government monetary policy & supply-side policies.
Also attached is a worksheet with key terms table to fill in and questions to answer.
Easily filled a 1-hour class.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Direct & Indirect taxes / government fiscal policy: IGCSE Business
Lesson 2 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - government economic objectives and policies
PowerPoint recaps main government objectives: low inflation, low unemployment, economic growth & balance of payments and then explains government fiscal policy (direct & indirect taxes; public spending) & disposable income.
Also attached is a worksheet with key terms table to fill in and questions to answer.
Easily filled a 1-hour class.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Government economic objectives and policies: IGCSE Business
Full lesson covering the start of Cambridge IGCSE Business Studies (Section 6): external influences on business activity
PowerPoint takes students through main government objectives:** low inflation, low unemployment, economic growth & balance of payments**.
Also attached is a worksheet with key terms table to fill in and questions to answer.
Easily filled a 1-hour lesson.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Economics reading list
Reading diary (with links to recommended books, websites, blogs, podcasts and interviews) for A-level Economics students.
I update the Google doc each week with new material (so please comment with any recommendations that you have and I will add them in).
I ask my students to read/listen to at least three pieces a week.
Direct & Indirect tax: A-level Economics worksheet
Direct and indirect tax worksheet for Y13 Macroeconomics - used to see how well students had understood the topics of tax and public spending (Chapters 34 & 35 in Edexcel Economics Student Book 2).
Students are required to:
Define direct & indirect taxes
Graphically illustrate the effect of progressive & regressive taxes
Discuss implications of cutting public spending during challenging economic times
Select - and justify - a set of tax rises that the Chancellor of the Exchequer Rishi Sunak could make to pay for the COVID-19 pandemic
YED, PED, XED: A-level Economics worksheet
A-level YED, PED, XED Microeconomics worksheet (with answers)
Used with Year 12 for revision of Income Elasticity of Demand, Price Elasticity of Demand and Cross Elasticity of Demand.
Took my students a full hour to complete