This double lesson introduces learners to inequalities around the world and in the UK. We start by looking at some unequal scenes and asking students what inequality is, the impact of it and why it is important to try and reduce inequalities. We consider the difference between income and wealth before looking at the causes of income and wealth inequality. We then look at how to measure inequality through illustration of the Lorenz curve, we then look at how the Gini coefficient can be derived from the Lorenz curve - a plotting a curve task to consolidate this important diagram. In the second part of the lesson we consider capitalism and its influence on inequalities, some interesting debates can be stimulated from this part of the specification. True and false questions, research task, video case studies, box plenary and kahoot to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the two types of poverty in Economics. We start by finding out what poverty means to students before into the details of absolute and relative poverty. We look at some engaging and informative facts/videos on poverty to a get a better undetstanding of poverty in the world and in the UK over time. We then go on to discuss the causes of changes in poverty. Some true or false questions and a debate task to consolidate learning and a research task to further contextualise understanding of this interesting topic. A box plenary and kahoot quiz to finish with, with some links to extra watching/reading. Colourful, concise and engaging slides! Thank you

This free lesson introduces learners to international competitiveness. We look at the importance of unit labour costs and export prices in determining the level of competitiveness of a nation. We go into some more detail and look at what the World Economic Forum looks at to determine international competitiveness. Pros and cons of being internationally competitive is discussed. Some video case studies to use as exam questions, true or false questions and a research task to contextualise the topic furhter. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to exchange rates - all three systems. We start by looking at students currents understanding of currencies around the world before discussing the features of the three exchange rate systems. We look at what can cause a floating exchange rate to appreciate or depreciate (with diagrams), we also look at devaluation of a fixed exchange rate system. Pros and cons of each system is discussed. Video case studies and articles to contextualise. We also look at the J-curve and Marshall-Lerner condition so students can use these to evaluate when writing about exchange rates. A box plenary and kahoot quiz to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on students understanding of the balance of payments from Theme 2, we now look at the financial and capital account as well as the current account. We start by recapping what the BoP is, some context given on surplus and deficits before we look at the causes and consequences of current account deficits. A group task for students to come up with policies to reduce a current account deficiit before we go through a range of strategies to address deficits in the BoP. Video case studies to stimulate discussion and debate. True or false questions, followed by a box plenary and a kahoot quiz. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to restrictions on free trade. We start by looking at what protectionism is and why governments and countries might want to impose them. We look at various forms of protectionism such as tariffs, quotas, subsidies, non-tariff barriers. All broken down in a simple and easy to understand way, particuarly the tariff diagram which can be tricky - this is animated so the teacher can explain what is happening, as well as the impact on consumer/producer surplus, government revenue and deadweight loss. Plenty of video case studies to bring this to life such as USA (Obama and Trump) tariffs on China. Debate tasks and kahoot quizzes included. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the various types of trading agreements that exist such as free trade agreements, customs union, common market and monetary union. We look at each with real life examples, a few video case studies to bring these trading agreements to life. We look at the pros and cons of regional trade agreements before reading a case study on RCEP - with an exam question and answer to look at. In the second part of the lesson we focus on the world trade organisation, its benefits and why the protests happened ‘Battle in Seattle’. Two box plenaries to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to terms of trade. We start by understanding the definition and formula for terms of trade for a country. We look at an example of index numbers used to illustrate a change in terms of trade. A calculation practice exercise with answers. We then look at factors that can influence a country’s terms of trade. Followed by a few exam style questions with video case studies to consolidate understanding of the topic. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to patterns of trade and how trade has changed over time in the UK and other countries such as China. We look at factors that influence patterns of trade with real life examples based on video case studies i.e how China’s pattern of trade has changed as they have become the largest exporter in the world through manufacturing, similarly how UKs pattern of trade has changed into services etc. We look at the breakdown of imports and exports for the UK with great visuals. Some true or false questions and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the concept of specialisation with an emphasis on comparative advantage. We start by looking at what specialisation is with examples of what some countries specialise in. We then look at a basic example of two countries producing two goods to really break down the concept of absolute and comparative advantage in an engaging way. We then look at this could be illustrated on a diagram. Some short answer exam questions for consolidation. We then look at the assumptions this model makes before having a break. We then look at a case study on Brazil, an exam style question with a model answer to peer assess using the marking grid. We finish off with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the world of globalisation. We start by looking at what globalisation is, with examples of the UKs trade with other countries. We look at causes of globalisation such as containerisation and others. Students research the impacts of globalisation on countries, governments, consumers, producers and the environment before filling in any gaps in knowlege on the following slides. We also look at some video case studies of Nike and Apple to better understand the pros and cons of globaslisation. A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on students understanding of government interventions, we look at some possible impacts of intervention on profits, efficiency, quality and choice. Two links to kahoot quizzes on theme 3 topics to finish with. Colourful, concise and engaging slides! Thank yo

This lesson introduces learners to various forms of government intervention. We start by looking price regulation, quality standards and targets - along with evaluations, before looking at other interventions to promote competition and protect employees and suppliers. A selection of video case studies to contextualise the topic and stimulate discussion on real life interventions. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to determinants of wages in competitive and non competitive markets. We start by asking how wages are determined and of course talk about footballers wages as a way to stimulate students into this topic. We look at diagrams including impacts of minimum and maximum wages. Video case studies on current labour market issues such as gender pay gap to stimulate discussion. We look at public sector wages and finish with a box plenary Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply of labour, we start by looking at the individual (backward bending) labour supply curve before looking at the industry supply curve to understand workers and their choice between leisure and work. We look at the factors which can affect the supply of labour, with examples and illustrations on diagrams. A selection of video case studies to contextualise the topic with recent stories. We then go on to look at the elasticity of supply and the factors which make supply elastic/inelastic. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to factors that affect demand for labour and the elasticity of labour. We start by looking at marginal revenue product to understand why the demand curve is downward sloping. We then go on to looking at factors that shift demand with illustrations and examples. A selection of of video case studies to help contextualise the topic and stimulate discussion. We finish with some true or false questions and a box plenary. Colourful, concise and engaging slides! Thank you