This lesson introduces learners to the important concept of opportunity cost, we start by looking at what opportunity cost actually means with some examples, we then have a number of scenarios where students might find themselves in, in the near future. Students are presented with two options, they have to make a choice, we discuss the reasons for their choice and any depends factors (all AOs developed). In the last scenario, we look at whether a student should go it alone or open up a business with a friend - students consider the opportunity cost and answer the 10 mark question, structure guidance and a concise model answer provided. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the various stakeholders, we start by looking at the different types of stakeholders involved in a business, we then look at their key interests, a choice of tasks on how to consolidate this is offered (two worksheets - matching for lowers and non-matching for more challenge) followed by evaluating the most important interest for each stakeholders. Once students know the interests well, we can start to look at how stakeholders might conflict with each other - a few examples given here. We read a case study on Unilever, students prepare presentations on whether they should focus on shareholders or stakeholders, this is in the form of an essay question so students could answer it after the presentation, or for homework. Structure guidance and concise points that would be the main focus of the answer is provided. A box plenary to finish 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 lesson introduces learners to the determination of prices. The starter introduces learners to the equilibrium point through a plotted graph which they draw, from this we introduce the concepts of excess demand and excess supply, with step by step animated examples for students to easily understand the concept. Some consolidation activities before we look at the price mechanism and the invisible hand and the three functions. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This bundle of 3 lessons introduces learners to economic growth and a range of concepts within economic growth such as real vs nominal GDP, total GDP vs per capita and GNP. We start by looking at GDP charts to identify areas of growth and recession. We look at real life examples of countries with positive and negative growth with stimulating discussions. We also look at the limitations of using GDP as a measure of standard of living - a 12 mark question with a concise model answer for students to look before peer assessing and making improvements to WWW and EBI. Finally, we look at happiness and how it is really included when measuring how well an economy is performing, we look at the 7 factors that determine happiness as identified by Laynard. Purchasing power is compared with a great example from spending in India compared to the UK. A link to a kahoot quiz to finish with. 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 lesson builds on students’understanding of the impact of economic growth. We look at each economic agent and talk through the advantages and disadvantages of growth to them. Once the knowledge is there we look at an 8 mark question to develop exam technique - a model answer is provided for students to look at. We finish with a box plenary and some quiz questions on theme 2. Colourful, concise and engaging slides! Thank you

This lesson builds students understanding of the elements of the trade cycle, we start with a recap on output gaps before looking at the trade cycle, a basic example going onto a real GDP growth graph. We identify the differences between the four stages before watching a video on the impact of the recession created by COVID-19. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

A mini-assessment with a full mark scheme provided - brand new, relevant and recent case studies on Nike. Questions are on design mix, ethical sourcing, distribution channels and a 20 mark choice on online vs physical store

The new Edexcel GCSE Business knowledge book for theme 2 is ready to use! The ultimate resource for knowledge retrieval - completely aligned with the specification requirements. This resource includes: • Theme 2 knowledge workbook + answer book (interactive PDF) • Bright, colourful pages with images to help students make links • A traffic light checklist for students at the bottom of each page to use as a revision resource once completed This can be used in a variety of ways, for example: • Send electronically/upload for students to type into rather than print (most cost effective) • Teacher can request this to be printed in an A4 or A5 booklet and hand out to class • Use as homework after each lesson or take time at the end of each lesson to complete the relevant page

This lesson introduces learners to perfect competition, we start by looking at the characteristics of perfect competition, ensuring students understand that this is not a realistic structure but a foundation to understand market structures. We then look at illustrating perfect competition in the short-run (with supernormal profits) and in the long-run (normal profits). Pros and cons are discussed and we finish with a box plenary. Colourful, concise and engaging slides! Thank you

NEW UNIT ASSESSMENT FOR 2021-22 Designed to build confidence, this assessment comes with: A 30 minute/30 mark assessment with a range of question types A full mark scheme with model answers Interactive PDF and standard version so it can be completed digitally or printed out A PowerPoint with model answer for the essay context questions (to go through with class) Concise case study like the real exam so students can focus on extracting the context and applying it in their answers Written by an experienced examiner for Edexcel GCSE Business

This triple lesson introduces learners to the importance of having good relationships with suppliers and what makes a good supplier.Real life examples from Tesco and Vi Spring, a 6 mark context question with a modelled answer to develop exam technique. Plenty of consolidation activities to differentiate between JIT and JIC. In the second lesson, we look at bar gate stock graphs, all broken down so it is easy to understand for students and a few 3 mark questions with answers to self or peer assess. In the third lesson, students are given a scenario and must decide which supplier to pick for a chocolate company, they are given data and must weigh up the pros and cons of each supplier, before coming to a judgement - done well in groups. Colourful, concise and engaging slides! - all files in zip folder. Thank you

This lesson introduces learners to the contents and purpose of a business plan, we discuss the sections of a plan, we then go on to look at an infamous example of what it shouldn’t be like in Solomon’s plan presented to Claude Littner in the Apprentice. A 3 mark question with a model answer, a few short tasks before going onto creating a business plan in groups, a template has been provided. Students present back their plans to the class and the class are provided with a sheet to write WWW and EBI with their peers presentations. A group task where they match parts of the business plan to the different areas of the business plan - answers included. I have not included the covering calculation of revenue, cost and profit in this lesson (as required in spec) - the reason for this is I prefer to teach it altogether in the finance section which is the first area to deliver for me. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to what factors start ups might consider when choosing a location to start up, we then look at key factors that determine the location such as proximity to customers, labour, transport and more. A 3 mark question with a model answer to peer assess. Finally an engaging group activity where a case study is given and some financial data about different locations, students then work together to calculate and discuss which location is the best to start up. Whole class discussion on the ultimate location. Students can write down their conclusions. A ranking activity where students have to consider various factors that affect location, and then for different types of businesses, state which factors are the most important when deciding to locate. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to competition, competitive advantage and what makes a market competitive. We go through each way a business can gain advantage, then we contextualise each of these ways. Real examples of how businesses compete with each other, rather than competing on price. We then go on to look at what risks businesses face (specific to the AQA spec) such as new competitors, changing legislation and more. We then look at what businesses can do to minimise these risks by completing a business plan, invest in training and also by completing a SWOT analysis.SWOT analysis task included where students use one of the businesses given and look at their strengths, weaknesses, opportunities and threats. Two 3 mark questions with model answers to build exam technique. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different target markets by playing songs and asking who they are targeted to, followed by asking who specific products are aimed at (see in preview) engaging examples of different segments shown with benefits. Two 3 mark questions with an answer to self assess. Whole class, group and individual activity on creating market maps for different industries. Colourful, concise and engaging slides! Thank you

This bundle of resources is the ultimate pack for knowledge retrieval in the build up to exams. 1x set of 37 flashcards 1x PDF of the powerpoint 1x knowledge quiz questions on word The above resources can be used in a variety of ways to ensure students can recall all the key knowledge they need. For example, the flashcards can be used by students to quiz themselves with friends and family, the word document can be folded in half and cut out, this way the question is on one side and the answer on the other - perfect for quizzing. The PDF can be used in lessons as a starter or plenary to recap knowledge, it can also be sent to students as a revision resource and then quizzed in class the following lesson. The knowledge tests can be sat by students at the end of teaching the unit, they are the same questions that are on the flashcards, so students should aim to get 100% if they utilise the flashcards. Colourful, concise and engaging flashcards to make sure it sticks! Thank you

This bundle of resources is the ultimate pack for knowledge retrieval in the build up to exams. 1x set of 15 flashcards 1x PDF of the powerpoint 1x knowledge quiz questions on word The above resources can be used in a variety of ways to ensure students can recall all the key knowledge they need. For example, the flashcards can be used by students to quiz themselves with friends and family, the word document can be folded in half and cut out, this way the question is on one side and the answer on the other - perfect for quizzing. The PDF can be used in lessons as a starter or plenary to recap knowledge, it can also be sent to students as a revision resource and then quizzed in class the following lesson. The knowledge tests can be sat by students at the end of teaching the unit, they are the same questions that are on the flashcards, so students should aim to get 100% if they utilise the flashcards. Colourful, concise and engaging flashcards to make sure it sticks! Thank you