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.

This bumper 50 slide PPT covers economies of scale in a lot of detail. The lesson covers all the key theory for this vital topic including internal and external economies of scale, diseconomies of scale, Long-run cost curves and minimum efficient scale. The lesson has great notes on the key theory and diagrams. The lesson includes numerous tasks including calculation, graph and written activities. A really good and detailed resource on a great economic topic. Perfect for A-Level 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.

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 lesson covers some really important theory for oligopolies. The lesson will help students understand how game theory and prisoners’ dilemma impacts an oligopoly and the various pricing strategies that oligopolistic markets may use. The lesson includes various tasks, examples and clear theory and links to various video clips to help consolidate the learning. The first part of the lesson has the following learning objectives: All Students will understand how game theory works and how it impacts oligopolies Most Students will understand how prisoners’ dilemma can cause issues for oligopolies. The second part of the lesson covers the following learning objective: All Students will understand that the various pricing strategies for oligopolies. The lesson concludes with a past paper style question. I have included both a teacher and student copy of the lesson and have included a nice worksheet to work alongside a great video link. This lesson is perfect for A-Level Economics and aims to tackle a tough topic.

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 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.

A detailed worksheet that covers many exam style questions on calculating profit. The worksheet has brief case study and key financial information, students then must calculate sales revenue, variable costs, total costs and finally whether the business has made a profit or a loss. This worksheet is strongly based on GCSE exam style questions. Perfect for finance revision. I have included the answers for every question and a simple formula sheet to help students answer the questions. This worksheet could also be used for A-Level Business Studies.

A detailed lesson covering the key theory behind market failure. The lesson covers what is market failure, the main causes of market failure and the results of market failure. The lesson also looks at allocative efficiency and how it links to the market failure. The lesson then looks at how governments may try to intervene and fix market failure. I have also included a fun 'You Say We Pay' game to help re-cap on key topics from the lesson and linked lessons. I have also included a nice market failure bingo game to help make the lesson more interactive and fun. I have included a student copy of the lesson to go alongside the main PPT. A perfect lesson for A-Level Economics.

This detailed lesson carries on with the key theory behind the labour market. This lesson looks at how to calculate and show both the marginal revenue product (MRP) and marginal physical product (MPP) of labour on a curve. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun revision game called Keyword Championships - a great way to learn and re-cap on all the keywords for A-Level Economics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 3 of 6 of the labour market.

This detailed lesson carries on with the key theory behind the labour market. This lesson looks at both the upward sloping curve of labour and the backward-bending curve of labour. This lesson also looks at the monetary and non-monetary factors that impact the supply of labour. The lesson includes numerous questions, diagrams and detailed theory. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Lesson 2 of 6.

This detailed lesson carries on with the key theory behind the labour market. This lesson looks at the key theory behind trade unions and how they impact the labour market. The lesson includes all the key theory, diagrams, video clips and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 6 of 6 of the labour market.

A bumper lesson looking at the key theory behind government intervention and government failure. The lesson includes numerous examples and tasks throughout. The lesson looks at the seven main causes of government failure in a lot of detail. The lesson included a fun 'You Say We Pay' game and an exam style question. I have included a student copy of the PPT alongside the overall PPT. I have also included two tests / quizzes on similar topics and a nice 25 mark exam question template. This lesson is perfect for A-Level Economics.

This detailed lesson introduces the labour market. The lesson looks at the goods and factor markets and how the labour market impacts perfectly competitive firms through graphs and examples. The lesson also looks at the main reasons why people work and includes a past paper exam style question. I have also included a fun 'The Price is Right' style game based on salaries and jobs. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Pack 1 of 6.

This lesson at the difference between absolute and relative poverty and the main causes of poverty in the UK. The lesson includes lots of detailed theory, diagrams, examples, video links and tasks. The tasks include a nice poverty word scramble starter activity. I have also included a fun distribution of income dice game. The lesson concludes with past exam style questions. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and how their is clear inequality in the UK and the World. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 2 of 4 covering poverty and the inequality of the distribution of income.

This lesson explains the clear difference between positive and normative economic statements. The lesson includes numerous examples, theory and tasks. The tasks include a positive and normative worksheet where students need to read statements and tick whether they are normative or positive (answer sheet also included). I have also included a case study on obesity where students need to highlight evidence of both positive and normative statements. The lesson concludes with a nice research task based on the topic. This lesson should be used at the start of the economic course to help explain how statements can be analysed properly. This lesson is perfect for either GCSE or A-Level Economics. Lesson Aim: Students will fully understand the key difference between positive and normative statements.

This lesson looks at how monopolies can cause market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson covers the following key theory: * What monopolies are * Pure and natural monopolies * Barriers to entry * The role of the government to monopolies * Advantages of monopolies * Disadvantages of monopolies Main lesson aim: Students will understand what market failure is and the main causes of market failure. The lesson starts with a fun starter to help re-cap on the various market structures and get into the appropriate groups. I also have made a nice 'You Say We Pay' game to help cover the key theory. I have also included a tough quiz on the topics covered. I have also included a student copy of the PPT. This lesson is perfect for A-Level Economics.

This lesson looks at the difference between production and productivity. The lesson includes many key examples, tasks and key theory. I have also included a simple worksheet to work alongside the key theory. The lesson covers the following theory: * Production * Productivity * Factors of production * Labour intensity * Capital intensity Below is a break-down of the lesson aims: All: Students will know the difference between production and productivity. Most: Students will know how to calculate both labour and capital productivity Some: Students will know the main advantages and disadvantages of both labour and capital intensive industries. This lesson is perfect for GCSE Economics and could also be useful for A-Level Economics.

This detailed lesson looks at government intervention in the economy through price floors, price ceilings and subsidies. The lesson also looks at government failure. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: * Price ceilings * Secondary markets * Price floors * Minimum legal prices * Government failure * Subsidies Lesson Aim: Students will understand how the government can impose price floors, price ceilings and subsidies. I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and key examples to help teach a tricky topic. A perfect lesson for A-Level Economics.