This lesson introduces learners to one of the components of AD - consumption! We start with a recap of AD before looking at what consumption and disposable income is, we look at examples of where consumption comes from, marginal propensity to consume, save and APC formulas. A calculation task for consolidate the marginal propensity to consume. Some diagram practice before ending with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to investment as part of aggregate demand. We have a recap of consumption before looking at what investment in Economics means, including the difference between gross and net investment. We then look at the influences on investment with examples, a link to a BBC article for context and a set of questions with answers on the following slide. We also look at a case study of when UK business confidence was low - an 8 mark question on this with guidance and a concise model answer. We finish with a box plenary to consolidate. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the final two components of aggregate demand - government expenditure (G) and net trade (exports - imports). We start with a recap on investment before looking at different categories of government spending. We then look at some recent examples of how much government has spent as well as the 2021 budget by Rishi Sunak. Students can see the difference between a budget deficit and the national debt. A short exam style question on the increase in tax allowance with a model answer on the following slide. In the second lesson, we look at net trade and factors which affect the UKs net trade balance. An 8 mark question with a model answer for students to look at for improvements to own answers. We finish with a true and false quiz and a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the components of aggregate demand before looking at each component in greater detail later in the course. We start by breaking down the definition of aggregate demand to undestand the components involved. We look at the AD curve and understand why it slopes downwards and why it is different to the micro demand curve although looks the same. We look at movements and shifts in the AD curve and students have the opportunity to practice drawing the diagram with shifts - answers provided. A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to long-run aggregate supply, we start by looking at the classical and keynes models, with a discussion on spare capacity to understand the keynes version. Step-by-step animated diagrams with explanations so it is easy for students to understand and for the teacher to deliver. We then look at the factors which can shift LRAS. Lots of practice questions with illustrated answers so students know if they are on the right track. In the second part of the lesson, students combine their knowledge on AD and AS, we read a case study on rising house prices and attempt a question on the effects on AD and AS. A model answer is provided and students can peer assess with the marking grid. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the causes of economic growth, we start by looking at what growth is by differentiating between actual and potential growth. We look at different ways to show growth through step by step diagrams. We watch a few videos for context on economic growth and the export-led economic growth of Bangladesh. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply side policies to increase the productive potential of the economy. We look at both, market based and interventionist policies, with relevant examples for each one. We look at the pros and cons of using supply side policies for the economy. A group task engaging students to come up with supply-side policies and a question on how to boost the productivity of the manufacturing sector. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson builds learners understanding on demand-side policies. We look at different interest rates to understand the base rate. We look at fiscal policy and the most recent spending review, students discuss what impact these policies might have on AD. An interesting documentary on the interest rate rise which shows the point of view from different people - an exam style question with guidance and a model answer is provided for students to use before peer assessing. In the second lesson, we look at quantitative easing and demand side policies used in the great depression and 2008 financial crisis. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson summarises the possible macroeconomic objectives which students would have heard throughout the course so far. We look at the 7 main objectives. Students are given an exam style question to prepare a presentation on - how inflation could impact the other macroeconomic objectives - balanced points are given on the following slide to compare with students’ presentations, this can also be answered for homework later. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different sizes and types of firms, we look at what factors determine the size of a business, we then go on to look at the principal-agent problem and an example of a firm that has made attempts to reduce this problem. We look at the different between public and private sector organisations and their different motives, followed by interesting videos which stimulate debate on the topic. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to demergers, we start by looking at a text to identify reasons why demerging might take place, we then go on to looking at reasons for demergers with some examples, before discussing the impact on workers, consumers and firms. Tasks for contextualisation included before finishing with a kahoot quiz. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the different objectives of businesses. We look at the four objectives and their illustrations on a diagram, we also look at real life examples/videos of businesses with different objectives for context. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of revenue in Economics. We first start by looking at the law of diminishing marginal utility to understand how curves will look. We then look at each formula, with examples of figures + an activity where students calculate the total revenue, average revenue and marginal revenue. Students are made aware that revenue will be different in perfect competition compared to imperfect competition. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lessons builds on the previous lesson on costs, with an emphasis now on economies and diseconomies of scale. We look at a range of ways economies of scale can be achieved i.e. internal and external, we also look at the minimum efficient scale point and the usefulness of operating at the MES. Videos on the supermarket industry to highlight this concept and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x PPT, 1x set of group task cards and 1x word case study, this can be delivered over two lessons. Learners are introduced to demand and the various factors influencing demand. We look at movements in the demand curve through price first before going through each factor with relevant examples such as using Messi and Ronaldo adverts to highlight the impact on demand for football boots. We also look at how this can be shown on diagramatically on demand curves. We then go on to ‘Walkthrough Westfield’ which is a group activity, students are given a set of factors which affect demand, and then through our virtual walkthrough we stop at different shops, students have the opportunity to dicuss and rank the factors for that particular shop (encouraging application and evaluation). We then look at different types of demand such as joint, derived and composite before looking at the concept of dimiinishing marginak utility. Students then read a concise case study and answer an 8 mark question, structure guidance and model answer provided for peer assessments - this question is from the business spec but relevant to this topic. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the fundamental concept of the basic economic problem, we start with an engaging group activity to highlight the problem of scarcity by distributing items between groups. This brings to light the concept of opportunity cost which we look at, students are given scenarios where they have to make choices and understand the opportunity cost involved in those choices. We then look at renewable and non renewable resources before a research task and box plenary to end with. Colourful, concise and engaging slides! Thank you

This bundle could be delivered over 3 lessons and introduces learners to return on capital employed and gearing, whilst consolidating ratios from theme 2 such as current ratio, acid test, gross and net profit margins. Students have a chance to consider the limitations of ratios also. We start by demonstrating simple broken down examples of roce and gearing, as well as the other ratios with a range of consolidation activities. We also have a group task where students are given accounts of a major retailer, and they have to report back on how well the company has been performing by carrying out all the ratio analysis. Two kahoot quizzes with links provided and a box plenary to finish with. Colourful, concise and engaging slides! Thank you