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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.
Market Failure – Positive & Negative Externalities
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Market Failure – Positive & Negative Externalities

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Students will understand the key economic theory of market failure and positive and negative externalities. Students will learn about how externalities can impact an economy with many examples, of both positive and negative externalities. Students will learn about the free rider problem and how taxation can help different externalities. The lesson includes tasks, examples and videos.
Government Policies to Correct Externalities / Market Failure
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Government Policies to Correct Externalities / Market Failure

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Students will understand the key economic policies to help increase the consumption of positive externalities and lower the consumption of negative externalities. These include indirect taxes, subsidies, laws and regulations, government campaigns, nudges and state provision. The lesson includes tasks, examples, exam style questions and videos.
The Circular Flow of Income
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The Circular Flow of Income

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Students will understand the key economic theory of the circular flow of income. The lesson reflects on value added and national income. The lesson also includes theory the difference between nominal and real data and the goods and factor markets. The lesson includes a clear run through of how the circular flow if income is connected, and the different leakages and injections into an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
Specialisation, Division of Labour & Exchange - Economics Full Lesson
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Specialisation, Division of Labour & Exchange - Economics Full Lesson

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This in-depth and engaging economic lesson covers specialisation and division of labour in lots of detail. The lesson includes key theory, pros and cons of specialisation and how division of labour impacts producers and workers. The lesson includes video clips, tasks and up to examples to help students access the key theory. Main Aim: Students will learn the difference between specialisation, division of labour and exchange. They will also learn the pros and cons of specialisation and how it impacts producers and workers differently. Students will also learn about derived demand.
Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz
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Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz

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This lesson will help students understand what economic growth means, the main benefits and drawbacks of economic growth, how economic growth can be measured and how it can effect an economy. This lesson includes numerous tasks and key theory. Below is a breakdown of the lessons objectives: All: Students will know what economic growth is. Most: Students will know the difference between GDP and GDP per capita. Some: Students will know which countries have the highest and lowest GDP and GDP per capita around the world. The lesson looks at the following concepts in a lot of detail and includes various tasks, key terms and examples: Economic Growth Benefits and Drawbacks of Economic Growth Gross Domestic Product (GDP) GDP Per Capita Standard of Living The lesson includes many fun activities and interactive tasks and concludes with various written questions, I have also included a useful mini test that could be used in a separate lesson. I have also included a fun multiple choice quiz to help students re-cap on the lesson. This lesson is perfect for GCSE Economics but could easily be used for AS level Economics. This lesson could also be used for Geography.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
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Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

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A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
Globalisation - How Globalisation Impacts the UK & the World - GCSE Economics / Geography
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Globalisation - How Globalisation Impacts the UK & the World - GCSE Economics / Geography

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A whole lesson looking at the key theory behind globalisation and how it has impacted the UK and its competitiveness. The lesson looks at the pros and cons of globalisation and includes numerous examples to help teach the key theory. The lesson also includes a nice worksheet where students need to anlayse who has ‘won’ from each globlisation scenario. A great lesson for Economics and even Geography. Perfect for GCSE.
Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative
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Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative

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This high quality lesson looks at the five main economic efficiencies as listed below: Technical efficiency Productive efficiency X-Efficiency Allocative efficiency Dynamic efficiency Each type of efficiency is clearly explained and uses relevant examples and diagrams. I have included various tasks throughout the lesson as listed below: Starter - Mini Whiteboard Task Economic Efficiency Consolidation Quiz Peer work: Exam Question Analysis Plenary Post-it Notes – Key Economic Efficiency Tips The teacher PPT is 34 slides and will help deliver a top quality lesson. I have also included a streamlined student copy of the PPT and a efficiency test. This lesson is perfect for A-Level Economics.
Unemployment - Different Types of Unemployment & How it is Measured - GCSE Economics - PPT & Quiz
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Unemployment - Different Types of Unemployment & How it is Measured - GCSE Economics - PPT & Quiz

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This lesson will help students understand what unemployment is, the different types and how it is measured in the UK. The lesson includes key theory, examples and video clips to promote a healthy class discussion on the topic. Below is a breakdown of the lessons objectives: All Students will know how unemployment levels are measured in the UK. Most Students will know the different types of unemployment. Some Students will know how interpret key unemployment data and show analytical skills. The lesson aims to explain the following key theory (including the different types of unemployment): ILO Survey Structural unemployment Seasonal unemployment Cyclical unemployment Frictional unemployment Classical unemployment Each type of unemployment includes examples and key definitions. The lesson concludes with written questions based on the theory covered. I have also included a multiple choice quiz for the topic. This lesson is perfect for GCSE Economics and could also be used for A-Level.
Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics
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Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics

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This detailed lesson looks at government intervention in the economy using buffer stocks. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: Government price controls Buffer stocks The short-run fall in agricultural prices Buffer stock supply and demand Problems of buffer stocks Lesson Aim: Students will understand the various ways a government can impose price controls including buffer stocks. I have included a student copy of the lesson to work alongside the main PPT. I have also included a great worksheet based on the corn industry and how a buffer stock could be used. A perfect lesson for A-Level Economics.
Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task
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Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task

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This detailed PPT helps introduce macroeconomics and the main government objectives. The lesson starts with a simple look at what macroeconomics is and which stakeholders it impacts. Below is a summary of the overall lesson objectives: Students will understand the main objectives of government macroeconomic policy: economic growth, price stability, minimising unemployment and a stable balance of payments on current account. The lesson looks mainly at the main government objectives, as listed below: * Stable low inflation * Sustainable growth * High employment * Improvements in productivity * Rising living standards and a fall in relative poverty * Sound government finances The lesson introduces each topic in brief detail to help students get an overview of the different objectives. The lesson also includes a 10 mark data exam style question based on the topic. I have also included links to a few key videos throughout the lesson to help students understand the topic. The lesson concludes with a fun group activity where students need to work together to create their won political party and come up with their own objectives and how they hope to improve the economy. I have included grading cards that can easily be printed and filled in to help students vote on their elected party. The plenary is a simple traffic light quiz that re-caps on the key theory covered. This lesson is perfect for introducing macroeconomics to students. It has been designed for the new Economics A-Level, but could easily be used for GCSE and other economic based courses. The lesson is linked to the UK economy, but again this could easily be updated for other countries. A perfect introduction to macroeconomics and government objectives.
Price Stability & Inflation
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Price Stability & Inflation

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Students will understand the key economic theory of inflation and price stability. Students will learn about purchasing power, basket of goods and the consumer price index. Students will also reflect on the difference between nominal and real values and how this links to inflation. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Introduction to Monetary Policy
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Introduction to Monetary Policy

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Students will understand the key economic theory of monetary policy. Students will learn about the interest rates, inflation, the base rate and the objectives of The Bank of England. Students will learn about the Monetary Policy Committee and their role in keeping inflation under control. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Index Numbers in Economics
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Index Numbers in Economics

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Students will understand the key economic theory of index numbers and how it can used in economics. Students will learn how index numbers are calculated, displayed and how the data can be analysed. The lesson includes deep theory, many tasks, examples and exam style questions. This lesson is aimed at higher level Macroeconomic teaching and includes many activities.
Business Location - Factors of Locating a Business  - Brownfield & Greenfield Sites - Map Task & PPT
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Business Location - Factors of Locating a Business - Brownfield & Greenfield Sites - Map Task & PPT

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A bumper lesson on a business location. The presentation looks at the various factors that influence the location of a business. The lesson also covers the difference between brownfield and greenfield sites. I have also attached a very good map task that students have loved in the past. Simply change the map on the PPT to the local area of your school and ask students to place various businesses across the map. Students are then expected to explain the reasons for their choice and refer back to the various location factors discussed in the lesson. I like to print the map in full A4 and print the different businesses in 6 slide view and get students to annotate below each business. Perfect for GCSE Business Studies.
Cash Flow Forecasts - Finance - Business Studies - PPT & Worksheet - Inflows & Outflows - GCSE
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Cash Flow Forecasts - Finance - Business Studies - PPT & Worksheet - Inflows & Outflows - GCSE

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A great lesson on calculating cash flow forecasts. This lesson introduces the key theory behind cash flow forecasts and then sets up students to complete a number of blank cash flow flows using the data provided. A great resource that should make this finance topic easy to understand and engaging. Answers are provided for most of the worksheets. Perfect for GCSE Business Studies and could be used for AS-Level.
Promotion - The Marketing Mix - The 4 P's - PPT & Worksheet - Business Studies - GCSE & AS
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Promotion - The Marketing Mix - The 4 P's - PPT & Worksheet - Business Studies - GCSE & AS

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A bumper selection of resources to help you teach the promotion element of the marketing mix. This detailed PPT looks at promotion and key information on this topic e.g. advertising, public relations, sponsorship, packaging and sales promotions. There are numerous tasks and relevant examples throughout the presentation to keep students engaged. I have also included a detailed worksheet on promotion and the other 3 P’s of the marketing mix. A perfect lesson for GCSE Business Studies.
Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks
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Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks

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A bumper lesson that includes all the key theory for the four main market structures in economics. The lesson covers theory, examples and tasks for the following market structures; perfect competition, monopolistic competition, oligopolies, duopolies (not essential, but fascinating) and monopolies. The lesson has a nice worksheet that when filled in (answers sheet provided) students will have a great summary sheet on the four main market structures. I have also created a nice task where students need to guess which market structure each business would likely fall under (answers again provided). This lesson is a great introduction to the various market structures and could be adapted for AS Level Economics.
Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams
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Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams

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This detailed and engaging lesson covers the key theory behind price. This includes the functions of price, how price reflects value and how supply and demand diagrams help show price. The lesson looks at the equilibrium point and how excess demand or supply can change price. There are many examples of why the supply curve can shift. The lesson includes many tasks and activities throughout. Main Aim: Students will understand how price is determined through supply and demand and the equilibrium point. The lesson also covers the functions of price. The lesson covers the supply and demand diagrams and the theory behind excess demand and excess supply. The lesson includes many tasks and examples.
A-Level Economics: Poverty & Inequality of Income Bundle
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A-Level Economics: Poverty & Inequality of Income Bundle

4 Resources
This bundle includes all four lessons that cover the poverty and inequality of income topics in microeconomics. Each lesson includes all key theory and numerous tasks. Lessons included: 1. Absolute & Relative Poverty & The Main Causes of Poverty in the UK 2. How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient 3. Income & Wealth - Inequality, Distribution of Income & Poverty 4. Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality