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George's Marvellous Business Studies & Economic Resources

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet
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Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet

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This detailed lesson helps introduce economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). This will get students thinking about mass production. The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also introduces diseconomies of scale. There are a number of relevant video clips to help give some great examples. A great lesson which would be perfect for GCSE Business Studies.
Government Policies to Correct Externalities / Market Failure
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Government Policies to Correct Externalities / Market Failure

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Students will understand the key economic policies to help increase the consumption of positive externalities and lower the consumption of negative externalities. These include indirect taxes, subsidies, laws and regulations, government campaigns, nudges and state provision. The lesson includes tasks, examples, exam style questions and videos.
Exchange Rates
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Exchange Rates

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Students will understand the key economic theory of exchange rates. Students will learn what exchange rates are, how they are calculated and how they can impact economies and why they are so important. Students will learn the pros and cons of having a weak and strong currency. The lesson also introduces supply and demand of exchange rates with diagrams and examples. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Business Location - Factors of Locating a Business  - Brownfield & Greenfield Sites - Map Task & PPT
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Business Location - Factors of Locating a Business - Brownfield & Greenfield Sites - Map Task & PPT

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A bumper lesson on a business location. The presentation looks at the various factors that influence the location of a business. The lesson also covers the difference between brownfield and greenfield sites. I have also attached a very good map task that students have loved in the past. Simply change the map on the PPT to the local area of your school and ask students to place various businesses across the map. Students are then expected to explain the reasons for their choice and refer back to the various location factors discussed in the lesson. I like to print the map in full A4 and print the different businesses in 6 slide view and get students to annotate below each business. Perfect for GCSE Business Studies.
A-Level Economics: Poverty & Inequality of Income Bundle
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A-Level Economics: Poverty & Inequality of Income Bundle

4 Resources
This bundle includes all four lessons that cover the poverty and inequality of income topics in microeconomics. Each lesson includes all key theory and numerous tasks. Lessons included: 1. Absolute & Relative Poverty & The Main Causes of Poverty in the UK 2. How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient 3. Income & Wealth - Inequality, Distribution of Income & Poverty 4. Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality
Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics
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Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics

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This detailed lesson looks at government intervention in the economy using buffer stocks. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: Government price controls Buffer stocks The short-run fall in agricultural prices Buffer stock supply and demand Problems of buffer stocks Lesson Aim: Students will understand the various ways a government can impose price controls including buffer stocks. I have included a student copy of the lesson to work alongside the main PPT. I have also included a great worksheet based on the corn industry and how a buffer stock could be used. A perfect lesson for A-Level Economics.
Transforming Resources - Factors of Production - Land, Labour, Capital & Enterprise - AS-Level
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Transforming Resources - Factors of Production - Land, Labour, Capital & Enterprise - AS-Level

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A detailed lesson looking at how resources are transformed in a business using the factors of production. The lesson looks at the four factors of production; land, labour, capital and enterprise and what it means to the operations of a business. The lesson also looks at ways a business can aim to improve its efficiency. I have also included a worksheet on the industrial sectors and the factors of production. The lesson concludes with a nice group game of ‘You Say, We Pay’ covering the topic enterprise. A nice lesson aimed at AS-Level Business Studies students, but could be easily be adapted for GCSE.
Calculating Profit - Exam Style Financial Questions - GCSE Business Studies - Worksheet & Answers
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Calculating Profit - Exam Style Financial Questions - GCSE Business Studies - Worksheet & Answers

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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.
The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics
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The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

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A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students. I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. Students will learn about imports, exports and the advantages of comparative advantage. Students will also learn the more general benefits and drawback of international trade and protectionism. The lesson also includes info on the WTO. The lesson includes tasks, examples and videos.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
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Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

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A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

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A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of fiscal policy. Students will learn about the difference between government spending and government taxation. Students will learn about the different types of taxes and how much money they generate for the economy. The lesson also looks at why government set taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets
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Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets

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A bumper selection of resources to help teach private limited companies and public limited companies. I have included a detailed presentation on the main theory of both LTD’s and PLC’s. The lesson looks at the clear advantage of having limited liability over unlimited liability. The lesson also looks at the clear pros and cons of both types of incorporate companies. I have also included three useful worksheets that can be used straight after the PPT. The first worksheet is a multiple choice quiz covering limited companies. The second worksheet gets students to work out the main pros and cons of different companies. I have also included a bumper worksheet that asks a variety of questions of the various types of business ownership (including sole traders and partnerships). This lesson is perfect for GCSE level Business Studies and could be adapted for A-Level Business Studies.
Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS
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Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS

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A bumper set of resources to help teach supply. This lesson moves on perfectly from teaching demand. The lesson covers all the main theory of supply curves and the main determinants of supply. There are numerous tasks throughout the lesson with relevant examples. I have also included a nice supply and demand worksheet based on past exam questions. There is also a great demand and supply scenario task, where students need to shift either the supply or demand curve after reading each scenario. A perfect lesson to help teach supply to economic students. Perfect for GCSE Economics and could be used for AS Economics.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

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A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

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A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks
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Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks

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A nice lesson that covers the three industrial sectors in a lot of detail. The lesson introduces the three sectors with relevant theory and examples and reasons why each sector may be increasing or decreasing. I have included many tasks throughout the lesson. This includes a fun traffic light style quiz that looks at examples and gets students to guess which sector or sectors they belong in. The lesson concludes with a nice task where students have to write and draw a nice timeline for an industry of their choice and how it can change over the three sectors. A good lesson aimed at GCSE which could be used for Business Studies, Economics and Geography students,
The Role of Money & Evaluating the Importance of the Financial Sector
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The Role of Money & Evaluating the Importance of the Financial Sector

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Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.
Introduction to Monetary Policy
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Introduction to Monetary Policy

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Students will understand the key economic theory of monetary policy. Students will learn about the interest rates, inflation, the base rate and the objectives of The Bank of England. Students will learn about the Monetary Policy Committee and their role in keeping inflation under control. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.