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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)

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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 2)
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IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 2)

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For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403 For Unit 2 (Real-world issue 1): https://www.tes.com/teaching-resource/resource-12793808 Everything that you need to teach Real-world issue 2 of Unit 2: Microeconomics of IB DP Economics (Higher Level). Includes: 240 slide PowerPoint (broken down into individual lessons covering everything in the syllabus) Student activities and challenges throughout the presentations Worksheets Practice questions Graph practice Links to relevant videos and articles Links to online quizzes Topics covered include: Perfect competition Oligopoly & monopoly Government intervention Max and min prices Taxes and subsidies Externalities Public goods Also includes: Economics reading diary (and recommended reading list) Graph practice (for units 1 and 2)
Oligopoly (A-level Economics)
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Oligopoly (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on oligopolies. Includes: PowerPoint (with learner activities) Starter task (on perfect competition & monopolistic competition) Practice questions and tables to complete Collusion game Link to relevant video Practice 20-mark essay question (with planning sheet) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
AS-level Microeconomics bundle: Consumer behaviour, demand & supply (7 lessons + worksheets)
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AS-level Microeconomics bundle: Consumer behaviour, demand & supply (7 lessons + worksheets)

12 Resources
Bundle of 7 lessons covering chapters 6-10 (Consumer Behaviour, Demand and Supply) of Edexcel AS-level Economics (Markets in Action). Each lesson includes a PowerPoint (plus worksheets/activities) and are comfortably 1-hour long: Lesson 1: Rational decision making Lesson 2: Demand Lesson 3: Price elasticity of demand (PED) Lesson 4: Income elasticity of demand (YED) Lesson 5: Cross elasticity of demand (XED) Lesson 6: Supply & the supply curve Lesson 7: Price elasticity of supply (PES) Also includes: 1-hour assessment on all material taught so far Reading diary Selection of multiple choice questions from recent past papers (with answers) Graph practice worksheet Essay planner template Introductory concepts bundle here (chapters 1-5) is here: https://www.tes.com/teaching-resource/resource-12528890
4Ps: price, pricing strategies & price elasticity of demand: IGCSE Business
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4Ps: price, pricing strategies & price elasticity of demand: IGCSE Business

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IGCSE Business Studies lesson on pricing strategies and price elasticity of demand (Cambridge, Unit 3) used with my Y11 students. Lesson covers pricing methods (cost plus; penetration; promotional and price skimming) and includes: Starter task PowerPoint (with various learning activities throughout) Worksheet Practice questions Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Normal & supernormal profit (A-level Economics)
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Normal & supernormal profit (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on normal & supernormal profit Includes: PowerPoint (with student tasks) Starter task Worksheet (A-level graph practice) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Costs & imputed costs (A-level Economics)
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Costs & imputed costs (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on costs & imputed costs Lesson covers: economic costs; imputed costs; fixed costs; variable costs; total cost, average cost & marginal cost. PowerPoint (with student tasks throughout) Starter task Worksheet (with questions and tables to fill in) Previous lesson (part 1) on diminishing returns here: https://www.tes.com/teaching-resource/resource-12582592 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Short-run cost curves (A-level Economics)
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Short-run cost curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on short-run cost curves Lesson covers: short-run cost schedules and teaches students to graph average cost, average variable cost and marginal cost curves. PowerPoint (with student tasks throughout) Starter task Worksheet (with questions and tables to fill in) Homework questions Previous lesson on costs and imputed costs is here: https://www.tes.com/teaching-resource/resource-12587040 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Circular flow of income (AS-level Economics)
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Circular flow of income (AS-level Economics)

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AS-level Macroeconomics lesson on circular flow of income (suitable for AS-level and IB Economics). Includes: PowerPoint (with learner activities) Step-by-step student help for drawing the circular flow of income diagram Recap of Production Possibilities Curves Explanation of leakages and injections Critical thinking student activities on how circular flow might change Link to Keynes documentary and accompanying worksheet Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Direct & Indirect tax: A-level Economics worksheet
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Direct & Indirect tax: A-level Economics worksheet

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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
Elasticities (A-level Business)
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Elasticities (A-level Business)

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A-level Business Studies lesson on Elasticities (Income Elasticity of Demand; Advertising/promotional elasticity of Demand; Cross Elasticity of Demand) used with my Year 13 students. Includes PowerPoint (with learner activities) and practice question worksheet (with answers).
Market equilibrium (AS-level Economics)
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Market equilibrium (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering market equlibrium, used with my Year 12 students. Includes: PowerPoint (with learner activities) Question sheet Past paper practice questions (with mark scheme) 7-lesson bundle covering 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)
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YED: Income elasticity of demand (AS-level Economics)

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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
Production possibility frontiers (AS-level Economics)
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Production possibility frontiers (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering: Production possibility frontiers showing: Choice Efficiency Opportunity cost Economic growth/contraction Full 1-hour lesson includes: PowerPoint Activities Worksheet (graph practice & questions) Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12528586 Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12528605 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Demand & the demand curve (AS-level Economics)
smith_michaelsmith_michael

Demand & the demand curve (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering demand & the demand curve. Full 1-hour lesson includes: PowerPoint Activities Worksheet 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
Scarcity (AS-level Economics)
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Scarcity (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering concepts of: Ceteris paribus Scarcity The economic problem Positive & normative statements Full 1-hour lesson includes: PowerPoint Activities Worksheet Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Introduction to Microeconomics (AS-level)
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Introduction to Microeconomics (AS-level)

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Introduction to AS Microeconomics (Edexcel) Full 1-hour lesson includes: PowerPoint Critical thinking questions / worksheet Reading diary Homework task Chapter bundle (8 lessons and worksheets) here: https://www.tes.com/teaching-resource/resource-12528890
Supply of labour (A-level Economics)
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Supply of labour (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on supply of labour used with my Y13 students. Includes: PowerPoint (with learner activities) Starter (on oligopolies) Explanations of factors affecting supply of labour (net migration, government regulation, trade unions etc) Essay question / case study Essay planning template Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Diagrams in AS Microeconomics: A-level Economics
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Diagrams in AS Microeconomics: A-level Economics

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Simply sheet for students to practice and explain the diagrams that they need to know in Microeconomics: PPFs; producer and consumer surplus; price ceilings/floors; negative externalities; indirect tax; subsidies & more. Used with my Year 12s for revision when near end of Unit 1: Markets in action. Easily filled an hour (with some left over for homework)
Economics news stories
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Economics news stories

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A list of microeconomics news articles relating to each chapter of Edexcel International A-level Economics, Student Book 1 and Student Book 2 for Year 12 & 13 Economics students. Most articles are taken from The FT (subscription required). See bottom of each list for help getting free accounts for students.
20-mark essay mind maps (AS-level Economics)
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20-mark essay mind maps (AS-level Economics)

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Used this at the end of the Microeconomics course to help Year 12s plan their exam essays (Edexcel). Challenges students to make mind maps for a variety of past paper 20 mark essay questions (Unit 1, Edexcel). Eight past paper questions to do overall.