This sequence of lessons (roughly three) is part of the economic development section of Theme 4. The lessons focus upon the distinction between relative and absolute poverty, how poverty is measured and the causes of poverty. Application video activities about Ethiopia and Zimbabwe provide essential application. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Notes, slides and activities. This lesson (approx. two lessons) focuses upon fiscal policy (taxation and government spending). Included are links to BBC news programming relating to The Budget. Fiscal policy is analysed and evaluated in a clear way that students can understand and apply to their own writing. Slides are engaging, colourful and construct diagrams using a step-by-step method, so that concepts are more accessible for students. Teacher written notes are specific to Edexcel and expand upon the content in the slides. Resources use contemporary, real-life examples to bring the theory to life. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Notes, slides and activities. This lesson (approx. two lessons) focuses upon how CPI and RPI inflation are measured - focusing upon the basket of goods over time. The lesson also teaches students how to calculate ‘weighting’ and the importance of such. In addition, index numbers are taught - which are used throughout Themes 1-4 to express data and also assessed themselves. Slides are engaging, colourful and construct diagrams using a step-by-step method, so that concepts are more accessible for students. Teacher written notes are specific to Edexcel and expand upon the content in the slides. Resources use contemporary, real-life examples to bring the theory to life. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) is the start of macroeconomics Theme 2. The two lessons introduce the idea of households and firms being connected, then goes onto discuss leakages and injections. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly three or four) is part of the economic development section of Theme 4. The lessons focus upon all of the factors mentioned in the Edexcel specification influencing economic development, including: Harrod-Domar model, extension of property rights, infrastructure and PPD (primary product dependency). Essential application is provided through video activities about Senegal, Canada and Mozambique. Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the causes of market failure, as identified by the specification. Public goods and information gaps are emphasised in these resources, with externalities explored in resource number 26. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the government’s objective involving the current account on the UK balance of payments. Each account is clearly outlined and the economic impacts of a current account deficit are explained. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon different types of tax systems: progressive, regressive and proportional. The resources move onto discussing the Laffer Curve as a means of evaluation. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon interest rates and quantitative easing (monetary policy). Clear worksheets link to the slides and breakdown what is required by the specification. Articles are also included to apply the theory to contemporary examples and a step-by-step guide to quantitative easing makes learning this often challenging concept more accessible. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly three) is part of the economic development section of Theme 4. The lessons focus upon the measuring inequality using the Lorenz Curve and Gini coefficient - diagrammatical analysis is included. The causes of inequality and the impacts are analysed. In addition, the significance of capitalitsm for inequality is analysed. Essential application is provided through video activities relating to Gabon and Democratic Republic of Congo. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly three or four) is part of the economic development section of Theme 4. The lessons focus upon strategies used by governments to bring about economic development, all strategies included in the Edexcel specification are included, such as: microfinance, buffer stock schemes, the Lewis model, tourism, Fair Trade, debt relief, foreign aid, World Bank, IMF and NGOs. Essential application comes in the form of video activities about Russian diamonds and Zimbabwe. Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly three or four) focuses upon game theory and cartels/collusion. This often confusing topic is broken down and made concise through notes and clear slides. Starting with the prisoners’ dilemma, excellent videos show game theory examples and worksheets accompany all of this to help students grasp this challenging topic more easily. Collusion is explain through slides and notes, all of which are specific to the specification so that learning is efficient and not overwhelming. In addition, this set of resources comes with a marked piece of A* student work about game theory. The essay clearly shows how the exam technique for this tricky topic should be applied. Resources included are: Marked essay exemplar answers and annotated mark schemes for essay question activity Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Magichael Economics Shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn.