This sequence of lessons (roughly two) focuses upon the application of the price mechanism theory, as required by the specification section below: 1.2.7 Price mechanism b) The price mechanism in the context of different types of markets, including local, national and global markets. The resources include questions and contexts for the students to practise. These include house prices and negative oil prices (which occured during the 2020 lockdown). Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used. The negative oil prices exam-style question is an original creation © Michael Wilson (Teachonomics Ltd.)

This sequence of lessons (roughly one or two) focuses upon the surplus for consumers and producers, for whom the price is lower than their willingness to supply or purchase. There is a graph activity and some simple calculations to support student learning. Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the popular ‘behaviorial economics’ topic (known as ‘alternative views of consumer behaviour’ in the specification) and the lesson draws upon the work of Nobel Prize winner Richard Thaler. Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) brings demand and supply together to show how prices are determined, with a graph activity and the use of petrol and butter examples. The activities also address the idea of shortages and surpluses (excess demand and supply) when the price is not at equilibrium. Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the law of supply and explains why the curve is upward sloping. There are plenty of questions for practise and an example of attempts to combat the ivory trade brings the topic to life. There is also a graph activity to support understanding. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the law of demand, the curve and why the curve is downward sloping. Diminishing marginal utility is focused upon and brought to life using an oil prices article. There is also a graph activity to support understanding. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Edexcel-specific set of notes for the student (and teacher!). Worksheets that match-up with the slides and clearly link to the specification. All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon bilateral trade agreements, using lots of contemporary examples like US-UK and EU-Canada. In addition, terms of trade is also included in this package of two smaller topics. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Magichael Economics Shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Magichael Economics Shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Teachonomics shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn.

Use this FREE revision checklist to see how the Edexcel specification links up to the resources available in the Magichael Economics Shop. Clearly and easily link each specification topic to the resources available online. The check list contains tips and extra details as to what students need to learn.

This sequence of lessons (roughly three) focuses upon the role of financial markets and financial market failure. These new topics to the specification are potentially overwhelming and can be confusing for students, but these resources work precisely to the specification and outline exactly what students need to know. The notes are concise and yet provide exactly what is required. The resource focuses upon: Market for equities (share prices - useful for Paper 3) Role of financial markets Financial market failure Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon different types of tax systems: progressive, regressive and proportional. The resources move onto discussing the Laffer Curve as a means of evaluation. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon the different types of government spending (public expenditure) including capital, current and transfer spending. The resources then cover national debt, including debt as a percentage of GDP. Included is an excellent article on austerity - this brilliant resource provides both the benefits and drawbacks of reducing the national debt. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses on the global context to prepare students for macro 25-mark questions. These resources started with an activity about negative interest rates, then an activity about Mozambique to teach application about this country. Finally, a very important activity is included to help students explore macro economies of their choice - including key websites, tips and guidance. Resources included are: Includes A exemplar answers* Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly one or two) focuses upon the role of central banks. This potentially vast topic is made more accessible and concise in accordance with the requirements of the specification. This includes being a ‘lender of last resort’ and regulation of the financial sector. Included are some excellent articles from the news and links to very engaging videos to help explain the concept. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two or three) focuses upon the different exchange rate systems, as outlined by the specification: floating, fixed and managed. In addition, factors that influence free floating exchange rate systems are explored. Also included is an A* essay answer which has been marked alongside an annotated mark scheme. Resources included are: Includes A exemplar essay answers Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon policies which can improve the current account balance. Each policy is analysed and evaluated. The slides also clearly explain the J-Curve and Marshall-Lerner Condition. The notes are a great way for students to learn and digest this topic more easily. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly two) focuses upon the current, capital and financial accounts of the balance of payments. The theory is then applied to some real-life news articles. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). Exemplar A essay answer included All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.

This sequence of lessons (roughly one or two) focuses upon how economies can improve their international competitiveness. Each of the policies are analysed in terms of the benefits and evaluation. The resources also include real, topical articles to bring the theory to life with application. Resources included are: Clear, colourful and engaging PowerPoint which links to the worksheets. Worksheets that match-up with the slides and clearly link to the specification. Edexcel-specific set of notes for the student (and teacher!). All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board. COPYRIGHT INFORMATION © All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint. All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.