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George's Marvellous Business Studies & Economic Resources

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
GCSE Economics - How the Market Works - Keyword Championships - Fun Revision Game - OCR - Micro
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GCSE Economics - How the Market Works - Keyword Championships - Fun Revision Game - OCR - Micro

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Economics students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit How the Market Works from GCSE Economics. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Economics. A perfect game for GCSE Economicss. This game has been made to fit the OCR syllabus, however it could easily be adapted for other exam boards. Included in this lesson are following: Keyword Championship Title Screen Rule of the game Score card Unit 1 - How the Market Works Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
Economic Growth & the Economic Cycle - Year 2 A-Level Macroeconomics / Economics
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Economic Growth & the Economic Cycle - Year 2 A-Level Macroeconomics / Economics

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A very detailed look at the causes, pros and cons of economic growth and how it can influence different economies. Main aim: Students will expand their theory of economic growth and look at very details pros and cons of economic growth. Students will also look at the major impact economic growth can have to an economy. This lesson covers the following areas: The Benefits of Economic Growth The Disadvantages of Economic Growth The Impact of Economic Growth The Stages of the Economic Cycle The Causes of Changes in the Economic Cycle The lesson has numerous written tasks throughout and leads up to a 25-mark exam style essay question.
Competition & Market Structures Revision / Overview Lesson - A3 Worksheets & Research Task
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Competition & Market Structures Revision / Overview Lesson - A3 Worksheets & Research Task

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This lesson helps students complete many tasks linked to Competition and Market Structures. The lesson will help retrieve and re-cap on essential theory and tasks. This is the perfect lesson to cover after competition theory has been covered in class. The lesson also includes a detailed research / independent study task - perfect for homework. Main Aim: Students will re-cap and revise the key theory of competition and market structures. Students will cover three A3 revision sheet that covers all the key questions linked to competition. Students will practise theory, analysis, exam and data-based questions. Students can also complete a detailed research task on competition.
Economies of Scale Theory & Internal Economies of Scale
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Economies of Scale Theory & Internal Economies of Scale

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Students will learn the theory behind economies of scale and the different types of internal economies of scale. The lesson includes the economies of scale diagram and examples. The lesson also re-caps on average costs and how this links into economies of scale. Lots of examples and tasks throughout. The lesson includes a great A3 task looking at economies of scale at various firms.
Employment & Unemployment & How it is Measured
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Employment & Unemployment & How it is Measured

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This detailed and engaging lesson covers the key theory employment and unemployment. This includes the definition of full employment, being economically inactive and what employed means. The lesson also looks at how unemployment is measured. There are many examples of unemployment and videos. The lesson includes many tasks and activities throughout.
The Costs & Benefits of Economic Growth & How it is Determined
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The Costs & Benefits of Economic Growth & How it is Determined

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Students learn the key theory behind how economic growth is determined – both demand and supply led, with many examples. The lesson also reflects on how economic growth has changed so much in Venezuela. The lesson also covers the various pros and cons economic growth can bring to am economy. The lesson includes many tasks, worksheets and videos.
Inflation & Price Stability Revision Overview Lesson - A3 Worksheets
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Inflation & Price Stability Revision Overview Lesson - A3 Worksheets

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This lesson helps students complete many tasks linked inflation and price stability. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching inflation.
Business Studies – Overview Revision: Business Ownership, Objectives & Enterprise
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Business Studies – Overview Revision: Business Ownership, Objectives & Enterprise

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This lesson helps students complete many tasks linked to the introduction of business studies. The lesson will help retrieve and re-cap on essential theory and tasks. Topics covered include business ownership, aims and objectives, entrepreneurship and enterprise and external factors. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching supply-side policies. A perfect consolidation lesson.
Types of Unemployment & Calculating & Analysing Employment Data
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Types of Unemployment & Calculating & Analysing Employment Data

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This detailed and engaging lesson covers the key theory behind the different types of unemployment and how employment data can be properly analysed. The lesson gives examples and clear definitions of cyclical, structural, frictional and seasonal unemployment. There are many examples of unemployment and videos. The lesson includes many tasks and activities throughout.
The Consequence of Inflation on Consumers, Producers & Governments
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The Consequence of Inflation on Consumers, Producers & Governments

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Students will understand the key economic theory of how inflation impacts consumers, producers and government. Students will learn about leather costs; menu costs and inflation can impact income redistribution problems. The lesson includes tasks, examples and videos. The lesson also includes a nice homework and research task based on Venezuela.
Subsidies
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Subsidies

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Students will understand the key economic theory of subsidies. The lesson covers the pros and cons of subsidies and the likely impact on the market, with supply and demand diagrams. The lesson includes tasks, examples, exam style questions and videos.
Exchange Rates Overview Revision Lesson - A3 Worksheets
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Exchange Rates Overview Revision Lesson - A3 Worksheets

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This lesson helps students complete many tasks linked to exchange rates. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching exchange rates policies. A perfect consolidation lesson.
National Income, Economic Growth & Living Standards
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National Income, Economic Growth & Living Standards

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Students will understand the key economic theory of national income and economic growth. Students will learn about what national income is, how it measured, and how it links into GDP, GNP and GNI. Students will also reflect on how national income is measured and the limitations it can bring to an economy. The lesson reflects on how this data can be used to compare living standards and its limitations. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Aggregate Demand, Consumption, Multiplier & Economic Activity
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Aggregate Demand, Consumption, Multiplier & Economic Activity

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Students will understand the key economic theory of economic growth and how it links to consumption and how this can change in an economy. Students will learn about the multiplier theory, marginal propensity to consume and the consumption function. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes many activities.
Market Failure Overview Revision Lesson - A3 Worksheets
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Market Failure Overview Revision Lesson - A3 Worksheets

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This lesson helps students complete many tasks linked to market failure and limitations of markets. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching market failure and externalities. A perfect consolidation lesson.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of Fiscal Policy. The lesson covers government expenditure and income through taxes. The lesson covers why governments levy taxes, the principles of taxation and the Laffer curve. The lesson also covers budget balances, deficits and surpluses and how this links to national debt. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Consumer Behaviour & Behaviour Economics
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Consumer Behaviour & Behaviour Economics

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Students will learn about the key aspects of how consumers behave and the impact of behaviour economics. Students will learn about utility, marginal utility, diminishing returns and how it links to total utility curves and the marginal utility curve. The lesson includes videos, tasks, examples, exam style questions and a A3 revision sheet.
Behavioural Economics & Economic Policy
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Behavioural Economics & Economic Policy

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Students will learn about many types of behavioural economic policies such as choice architecture, nudges, shoves, framing, default choices, restricted choices and mandated choices. The lesson includes videos, tasks, examples, exam style questions and a A3 revision sheet.