A bumper lesson that looks at the many different reasons people are paid different wages / salaries across the country. The lesson looks at key theory from compensating wage, different skill levels, trade unions, discrimination to the elasticity of the supply and demand of labour. The lesson includes relevant examples to help easily explain each wage differential. The lesson builds up to a past exam question where students need to answer why doctors get paid more nurses. A perfect lesson for GCSE Economics and Business Studies and could easily be used / adapted for A-Level lessons.

A really detailed lesson on the law of diminishing returns and returns to scale. This lesson looks at the difference between the short-run and long-run and introduces the concept of the law of diminishing returns with nice clear and fun examples. The lesson then explains returns to scale and the three possibilities. I have tried to make this tricky topic easy for students to understand and included various tasks throughout the lesson. There are graph and calculation questions and a exam style question to finish off. I have also included a nice multiple choice quiz on the topic which would be perfect for a plenary / starter task. Perfect set of resources for A-Level Economics / Microeconomics.

A detailed lesson (61 slides) looking at the various costs of a firm. The lessons has clear theory, examples and tasks (many calculation and graph based questions) for the following costs: Fixed costs Variable costs Marginal costs Average costs Total costs Sunk costs Short-run costs The lesson is perfect for Microeconomics and A-Level Economics. The lesson also includes a student version of the lesson which is streamlined and works alongside the PPT.

A great lesson that focuses on the wage differentials between doctors and nurses. The lesson is built around the following exam question: Discuss the reasons why doctors are paid more than nurses. The lesson is split into four sections and helps students know how to show 1. Knowledge, 2. Application, 3. Analysis and 4. Evaluation skills. The lesson is a great aid to both a key labour market topic but also a brilliant way of getting students ready for their higher mark exam questions. A perfect resource for GCSE Economics and possibly Business Studies. The lesson could be adapted for A-Level Economics.

A nice lesson that looks at a firms revenue and how profit maximization (MR=MC) can be achieved and calculated. This lesson looks at all the key theory for microeconomics and has numerous tasks - including gap fill questions, calculation tasks and graphs. I have included a teacher version and a student version of the resource. The teacher presentation includes answers to set questions. A great resource for teaching A-Level Economics.

This lesson looks at technological change and how it is impacting firms. The lesson looks at the difference between invention and innovation with relevant examples. The lesson also focuses on synergy demand and how some firms are using this to create huge profits. The lesson then looks at disruptive innovations and barriers to entry. The lesson concludes with some questions to help reflect on the key theory. I have included a teacher and student copy of the PPT. I have also included Economics Pictionary as a nice plenary game - this game includes key words to use and explains the rules. The lesson is perfect for teaching microeconomics at A-Level and could be used for Business Studies.

A nice lesson that looks at the three ways an entrepreneur can protect their business ideas - either with a patent, trademark or copyright. There is theory on each protection method and relevant examples / new stories throughout. The lesson concludes with a nice group work task where students need to analyse he pros and cons of either patents, trademarks and copyrights. Perfect for A-Level Business Studies, but could be adapted for GCSE level.

This lesson focuses on the four alternative theories of the firm. The lesson re-caps on the main theory of the firm; profit maximization and then looks at four other potential aims for a firm: Revenue maximisation Sales maximisation Managerial theory Organisational theory Each alternative theory of the firm has clear theory, diagrams and examples. I have also included a past exam style question and a mark scheme. I have included a teacher and student copy of the PPT. This lesson is perfect for A-Level Economics.

This lesson looks at how the growth of firms impacts economies of scale. The lesson looks at the following topics with key theory and examples: Economies of Scale Plant Level Economies of Scale Firm Level Economies of Scale Technical Economies of Scale Multi Plant Economies of Scale The lesson has numerous tasks throughout and includes both a teacher and student copy of the PPT. I have also included a nice keyword loop game - simply cut up the keywords / definition slips and get students to loop them together to create a full chain (full instructions on worksheet). Perfect lesson for A-Level Economics.

A nice lesson that looks at the four ways entrepreneurs can generate business ideas: 1. Spotting trends and anticipating their impact 2. Identifying a market niche 3. Copying ideas from other countries 4. Taking a scientific approach The lesson covers the theory of each and includes relevant examples. The lesson also includes relevant video clips and quick tasks. The lesson concludes with a nice group task where students need to work together to answer key questions on the lesson covered. I have also included a nice plenary task where students need to memorise the key terms covered in today’s lesson and write them down with relevant key terms. This lesson is aimed at AS Level Business Studies students, but it could be adapted for GCSE Business Studies.

This lesson focuses on the growth of firms and looks at the many different ways a firm can grow. The lesson looks at the pros and cons of the different ways to grow and includes many tasks throughout the lesson. This lesson covers the following topics in a lot of detail, with relevant theory, examples, videos and diagrams: Internal growth External growth Horizontal integration Vertical integration Lateral growth Mergers Takeovers I have included both a student and teacher copy of the lesson resources. I have also included a nice worksheet on the lesson that has numerous questions on the topic. This lesson is perfect for A-Level Economics and can also be used for Business Studies.

This lesson focuses on the basic key theory of the main market structures (as listed below). The lesson includes theory, examples and tasks throughout. Perfect competition Monopolistic competition Oligopoly Duopoly Monopoly The lesson then focuses on perfectly competitive markets and its key diagrams. The diagrams covered includes: Revenue curves in perfect competition Short-run equilibrium in perfect competition Profit maximisation in perfectly competitive markets Long-run equilibrium in perfect competition There are tasks, examples and clear theory for each diagram. The lesson then looks at monopolies and looks at marginal and average revenue curves in a monopoly. The lesson concludes with an exam style question. I have also included a student copy of the PPT. This 48 page PPT can easily stretch across a number of lessons. I have also included a nice keyword quiz. Perfect for A-Level Economics.

A nice introduction lesson on teaching macroeconomics to GCSE Economic students. The lesson introduces vital economic key terms and basic theory. Below is a breakdown of the lesson objectives: All students will know the main measures of an economy Most students will have an idea of what the UK economy is currently like Some students will know how different factors can effect the UK economy The lesson looks at the basics of the following macroeconomic concepts with definition, examples and valid video links: Inflation Unemployment Economic growth Gross domestic product (GDP) Balance of payments Exchange rates The lesson concludes with a nice multiple choice quiz to test students on the lessons theory. Overall a good lesson that briefly looks at some the of most important topics in macroeconomics. This lesson is perfect for GCSE Economics but could also be used for AS Economics.

This lessons aims to help students fully understand how a firms maximum profits are calculated. The lesson looks at MR = MC and uses various graphs and table questions to help teach a tricky but essential topic. The lesson looks at each of the following key terms with straightforward explanations, examples and questions : * Profit maximization * Marginal revenue * Marginal costs * Theory of the firm * Law of diminishing returns I have also included two key diagram sheets; one covers profit maximisation in perfectly competitive markets and the other covers the long-run equilibrium in perfectly Competitive markets. The lesson concludes with an exam style question and mark scheme. I have included a teacher and a student copy of the PPT. This lesson is perfect for A-Level Economics.

This lesson looks at the economic (business) cycle and the money flow in the UK. This lesson looks at the role of the Bank of England and then focuses on the four stages of the economic cycle. The lesson looks at the key characteristics of each stage and how it can impact the economy. The lesson then looks at the money flow and how it can impact the basic flow of income and spending for a consumer. The lesson concludes with exam style questions on the topic. A good lesson for GCSE Economics which could also be used for A-Level.

This lesson will help students understand the different ways the government aims to reduce unemployment in the UK. This lesson covers five methods the government could use to help reduce unemployment. The lesson also re-caps on the different types of unemployment and the potential impact of unemployment on a country. The lesson aims to cover the following lesson objectives: All: Students will know the different methods of reducing unemployment Most: Students will understand what the new deal system is and who it effects The lesson concludes with numerous tasks. I have included two detailed worksheets that are linked to the lesson and have also included a nice report project where students need to answer the following question: Inequality is a major issue in Britain. What can the government do to reduce inequality, lower unemployment and create a more equal society? This lesson is perfect for GCSE Economics and could be used for A-Level.

This lesson looks at interest rates and how they can have a huge impact on the UK economy. The lesson focuses on the current interest rate and how it impacts different people. The lesson then looks at how an increasing or decreasing interest rate can impact various stakeholders. The lesson concludes with exam style questions and a fun interest rate challenge. I have also included a two interest rate worksheets which cover a lot of different questions. I have also included an answer sheet for one of the worksheets. This lesson is perfect for GCSE Economics and could be used for Business Studies. This lesson could also be adapted for A-Level.

This lesson helps students understand what price discrimination is and the conditions needed. This lesson offers key theory on the three different types of price discrimination. The lesson has clear theory, diagrams and examples to make sure students fully understand this economic concept. Below is a breakdown of the lessons learning objectives: All Students will understand the three types of price discrimination. Most Students will understand how to draw price discrimination diagrams for both first and third degree price discrimination. Some students will understand how to apply this knowledge to a past exam question. The lesson concludes with various tasks and exam style questions. I have included a teacher and student copy of the presentation and a worksheet that works alongside a great video link. This lesson is perfect for A-Level Economics.

This lesson on oligopolies helps students understand why profits are maximised when marginal revenue equals marginal costs for collusive oligopolies. The lesson looks at how oligopolies can collude and even create cartels. Below is a breakdown of the lesson objectives: All Students will understand that a firms profits are maximised when MR = MC in a price fixing oligopolistic market. Most Students will understand how to draw profit maximisation for price fixing oligopolistic markets. Some students will understand how to apply this knowledge to a past exam question. The lesson focuses on the following key terms and includes various definitions, examples and tasks related to the following: Oligopoly Cartel Collusion MR = MC The lesson concludes with various tasks and a past paper question. I have also included a fun key word quiz to test students on the various microeconomic keywords. My PPT easily explains the rules and has proved very popular with students. This lesson is perfect for A-Level Economics.

This lesson looks at how to properly tackle exam style questions for AQA GCSE Business Studies. The lesson looks at the four key skills needed in the exam; knowledge, application, analysis and evaluation. The lesson is based around an exam case study from Unit 1: Setting Up a New Business. The lesson gets students to complete a SWOT analysis for the case study, highlight key information and answer questions based around the case study. The lesson concludes by looking at a really great structure for answering 9 mark questions. The lesson includes a fun starter quiz that covers a number of topics from the syllabus. I have also included a well laid out and professional worksheet that is used in conjunction with the PPT. This lesson is aimed at AQA GCSE Business Studies, but it could easily be adapted for other exam boards and may also be useful for A-Level Business Studies. A great overall selection of resources that will help students fully prepare for their examinations.