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Economics
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MARKET FAILURE – EXTERNALITIES
For teaching: MARKET FAILURE – EXTERNALITIES
The lesson objectives are:
• externalities as the difference between social costs/benefits and private costs/benefits.
• the difference between positive and negative externalities and identify them.
• that production and consumption can lead to negative externalities.
I do not take credit for the ‘dominoes’ cards resource, and I don’t even remember where I found it, but I’m including it here as a bonus as I like the idea of getting students up on their feet. I haven’t explicitly incorporated it into the lesson presentation, so do with it what you will.
: )
A note on this series of resources for Economics GCSE micro – 20 lessons in total:
The resources for each lesson will comprise at least:
• A detailed PowerPoint presentation
• Worksheets for students to make revision notes
• Exam questions from past papers linked to the topic.
The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources.
The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec.
The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning.
Most resources include news stories from the media, so that the theory can be contextualised in real life.
As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively.
Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you.
The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students.
The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE.
I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources.
: )
Thanks!
![candobetter](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/1045290/small.jpg)
COMPETITIVE & CONCENTRATED MARKETS – COMPETITIVE MARKETS
For teaching: COMPETITIVE & CONCENTRATED MARKETS – COMPETITIVE MARKETS
The lesson objectives are:
• What is meant by a competitive market.
• How producers operate in a competitive market.
• The economic impact of competition on consumers, producers, and workers.
• Why profits are likely to be lower in a competitive market than one that is dominated by a small number of producers.
This is a lesson that uses the topic of competitive markets to focus quite heavily on tackling 6-mark questions.
A note on this series of resources for Economics GCSE micro – 20 lessons in total
The resources for each lesson will comprise at least:
• A detailed PowerPoint presentation
• Worksheets for students to make revision notes
• Exam questions from past papers linked to the topic.
The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources.
The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec.
The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning.
Most resources include news stories from the media, so that the theory can be contextualised in real life.
As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively.
Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you.
The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students.
The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE.
I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources.
: )
Thanks!
![candobetter](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/1045290/small.jpg)
MARKET FAILURE – MISALLOCATION OF RESOURCES
For teaching: MARKET FAILURE – MISALLOCATION OF RESOURCES
The lesson objectives are:
• market failure as the inability of the market system to allocate resources efficiently.
• the costs associated with misallocation of resources.
• methods of government intervention to counter misallocation of resources.
This lesson uses the topic to focus on long-answer questions from Part B of the exam.
A note on this series of resources for Economics GCSE micro – 20 lessons in total:
The resources for each lesson will comprise at least:
• A detailed PowerPoint presentation
• Worksheets for students to make revision notes
• Exam questions from past papers linked to the topic.
The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources.
The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec.
The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning.
Most resources include news stories from the media, so that the theory can be contextualised in real life.
As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively.
Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you.
The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students.
The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE.
I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources.
: )
Thanks!
![candobetter](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/1045290/small.jpg)
HOW PRICES ARE DETERMINED – INTERMARKET RELATIONSHIPS
For teaching: HOW PRICES ARE DETERMINED – INTERMARKET RELATIONSHIPS
The lesson objectives are:
• The meaning of complementary and substitute goods.
• The impact of changes in demand, supply, and price in one market on other related markets.
A note on this series of resources for Economics GCSE micro – 20 lessons in total
The resources for each lesson will comprise at least:
• A detailed PowerPoint presentation
• Worksheets for students to make revision notes
• Exam questions from past papers linked to the topic.
The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources.
The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec.
The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning.
Most resources include news stories from the media, so that the theory can be contextualised in real life.
As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively.
Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you.
The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students.
The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE.
I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources.
: )
Thanks!
![candobetter](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/1045290/small.jpg)
Cartels and anti-competitive practice
Resources for entire lesson, focusing on cartel-like behaviours and anti-competitive practice.
Resources include:
Engaging presentation with built-in questioning, videoclip, and task instructions.
Key words and definitions sheet.
Quiz.
x3 case studies from CMA for analysis during lesson.
Exam question from past exam paper, with marking criteria.
Designed specifically for Edexcel A’Level Economics A (3.4.4), but will work well for any board/spec requiring understanding of cartel and anti-competitive behaviour.
![candobetter](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/1045290/small.jpg)
Mary Portas ~ Customer Service & Estate Agents
Worksheet (print back-to-back) to accompany Channel 4 TV programme aired on 9th February focussing on customer service & estate agents. Record it while you can from 4OD.