Michael's shop
Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
Business and finance
Income statements: IGCSE Business
IGCSE Business Studies lesson on income statements (Unit 5, Cambridge) used with my Year 11 students. Includes:
PowerPoint (with student activities & practice questions)
Practice income statement
Link to revision video
Related resources:
8-lesson section 6 bundle here : https://www.tes.com/teaching-resource/resource-12528395
Government economic objectives and policies: IGCSE Business
Full lesson covering the start of Cambridge IGCSE Business Studies (Section 6): external influences on business activity
PowerPoint takes students through main government objectives:** low inflation, low unemployment, economic growth & balance of payments**.
Also attached is a worksheet with key terms table to fill in and questions to answer.
Easily filled a 1-hour lesson.
8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Types of Business (A-level Economics)
A-level Microeconomics lesson (Edexcel) covering Types of Business.
Lesson covers sole traders, partnerships, joint ventures, state-owned enterprises and includes:
Starter worksheet
PowerPoint
Worksheet
Homework task
Took my Y13s about 2 hours to complete.
Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Business objectives (A-level Economics)
A-level Microeconomics lesson (Edexcel) covering Business objectives.
Lesson covers profit maximisation, revenue maximisation, sales volume maximisation, divorce of ownership from control.
PowerPoint
Starter task on business size
Worksheet to fill in
Homework/class task (depending on length of lesson)
Took my Y13s about 2 hours to complete all told.
Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Monopoly & price discrimination (A-level Economics)
A-level Microeconomics lesson (Edexcel) on monopolies and price discrimination. Includes:
PowerPoint (covering pure monopolies, near-pure monopolies, natural monopolies, price discrimination and monopsony)
Starter task (on market structures)
Practice questions and activities for students
Practice 30-mark mini assessment (on everything covered in the PowerPoint)
Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Bundle
AS-level Microeconomics bundle: Introductory concepts (8 lessons + worksheets)
Bundle of 8 lessons covering the first 5 chapters (Introductory Concepts) of Edexcel AS-level Economics (Student Book 1).
Each lesson includes a PowerPoint (plus worksheets/activities):
Lesson 1: Introduction to Microeconomics
Lesson 2: Scarcity
Lesson 3: Opportunity cost
Lesson 4: Factors of production
Lesson 5: Production possibility frontiers
Lesson 6: Specialisation & Division of labour
Lesson 7: Functions of money
Lesson 8: Types of economy
Also includes Economics reading diary (discussed in lesson 1)
Further 7-lesson bundle covering following chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
Contestability (A-level Economics)
A-level Microeconomics lesson (Edexcel) on contestability. Includes:
PowerPoint (with learner activities)
Starter task (on sunk costs)
Lots of examples of contestable markets and what makes them contestable
Practice questions
Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Size of Business (A-level Economics)
A-level Microeconomics lesson (Edexcel) covering Size of Business.
Lesson covers backward vertical integration, horizontal integration, mergers/takeovers etc. and includes:
Starter task
PowerPoint
Group work
Relevant graph (economies and diseconomies of scale)
Individual worksheet
Related past paper question / exam practice
Essay planner sheet
Took my Y13s about 2 hours to complete.
Previous lesson on types of business can be found here: https://www.tes.com/teaching-resource/resource-12578132
Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Oligopoly (A-level Economics)
A-level Microeconomics lesson (Edexcel) on oligopolies. Includes:
PowerPoint (with learner activities)
Starter task (on perfect competition & monopolistic competition)
Practice questions and tables to complete
Collusion game
Link to relevant video
Practice 20-mark essay question (with planning sheet)
Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Marketing mega PowerPoint (75 slides + worksheets): IGCSE Business
75-slide Marketing (Cambridge; Unit 3) mega PowerPoint used with my Year 11 IGCSE Business Studies students.
Topics covered in the PowerPoint include:
Product life cycle
R&D
Pricing strategies (cost-plus; penetration; price skimming, promotional)
Price elasticity of demand
Promotion methods
Distribution methods (direct distribution; retail distribution; wholesale distribution etc)
E-commerce (B2B; B2C; C2C)
Entering foreign markets
The PPT has learner activities and practice questions throughout and there are also 5 worksheets to complete (plus a short assessment I made using marketing questions from past papers).
More Economics, Politics and Business Studies material uploaded here: https://www.tes.com/teaching-resources/shop/smith_michael
Average rate of return (A-level Business)
For previous lesson on payback period see: https://www.tes.com/teaching-resource/resource-12796450
Quick average / accounting rate of return lesson used with my Year 13 Business students. PPT includes:
Choice of starter quizzes
Quick recap (payback period)
Average rate of return (explanation and worked example)
Student practice questions (and answers)
Determination of wage rates (A-level Economics)
A-level Microeconomics lesson (Edexcel) on determination of wage rates used with my Y13 students. Includes:
PowerPoint (with learner activities)
Starter (quick refresh on some previous Y13 content)
Explanations of perfectly competitive labour markets and non-competitive labour markets
Practice questions
Diagram explanations & practice
Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Bundle
AS-level Microeconomics bundle: Unit 1 (Edexcel) - chapters 1-10 (15 lessons + worksheets)
Bundle of 15 lessons covering the first 10 chapters of Edexcel AS-level Economics (Student book 1).
Each lesson includes a PowerPoint (plus worksheets/activities).
Lesson 1: Introduction to Microeconomics
Lesson 2: Scarcity
Lesson 3: Opportunity cost
Lesson 4: Factors of production
Lesson 5: Production possibility frontiers
Lesson 6: Specialisation & Division of labour
Lesson 7: Functions of money
Lesson 8: Types of economy
Lesson 9: Rational decision making
Lesson 10: Demand
Lesson 11: Price elasticity of demand (PED)
Lesson 12: Income elasticity of demand (YED)
Lesson 13: Cross elasticity of demand (XED)
Lesson 14: Supply & the supply curve
Lesson 15: Price elasticity of supply (PES)
Also includes:
1-hour assessment (with mark scheme)
Student reading diary
Graph practice worksheet
Essay planner template
Selection of multiple choice questions from recent past papers
Bundle
AS-level Microeconomics bundle: Consumer behaviour, demand & supply (7 lessons + worksheets)
Bundle of 7 lessons covering chapters 6-10 (Consumer Behaviour, Demand and Supply) of Edexcel AS-level Economics (Markets in Action).
Each lesson includes a PowerPoint (plus worksheets/activities) and are comfortably 1-hour long:
Lesson 1: Rational decision making
Lesson 2: Demand
Lesson 3: Price elasticity of demand (PED)
Lesson 4: Income elasticity of demand (YED)
Lesson 5: Cross elasticity of demand (XED)
Lesson 6: Supply & the supply curve
Lesson 7: Price elasticity of supply (PES)
Also includes:
1-hour assessment on all material taught so far
Reading diary
Selection of multiple choice questions from recent past papers (with answers)
Graph practice worksheet
Essay planner template
Introductory concepts bundle here (chapters 1-5) is here: https://www.tes.com/teaching-resource/resource-12528890
Business strategy: SWOT, PEST, Porter's, Ansoff + more (A-level Business)
68-slide PowerPoint + worksheets and activities for teaching Business Strategy (Cambridge A-level Business). Covers all of the following from the syllabus:
– Blue ocean strategy
– Scenario planning
– SWOT analysis
– PEST analysis
– Porter’s five forces
– Core competence framework
– Ansoff matrix
– Force field analysis
– Decision trees