This detailed lesson (35 slides) on oligopolies is a great introduction to a very important market structure. This lesson helps students fully understand why profits are maximised when marginal revenue equals marginal costs for oligopolies and focuses heavily on the kinked demand curve. The lesson looks at the following topics and includes various tasks and examples throughout. Oligopoly Introduction Kinked Demand Curve Game Theory Profit Maximisation I have included various tasks for students to work on during the lesson and have linked to some great videos that help explain a potentially difficult topic. I have also included a great key diagram revision resource for kinked demand curves which has all the information students need on one simple and effective diagram. I have briefly introduced game theory - however this will be covered in a lot more detail in another of my lessons. This lesson is perfect for A-Level Economics.

A nice lesson that covers the economic problem. The lesson looks at scarcity and choice and how resources are allocated. The lesson looks at opportunity cost and includes a nice task on this topic. I have also included a Mars Bar utility task which will keep students engaged. I have also included a keyword scramble and a nice factors of production gap fill task. I have also included a nice worksheet based on topics around the economic problem - this worksheet includes matching tasks, gap fills and questions. I have also included a student version of the lesson. This lesson can be used for either GCSE or A-Level Economics. Lesson aim: Students will fully understand the economic problem and how resources are allocated.

This lesson at the difference between income and wealth and how this has a major impact on the distribution of income in the UK. The lesson aims to help students cover the following objectives: * Students will fully understand the difference between income and wealth and how it can impact inequality in the UK. * All Students will understand the difference between income and wealth * Most Students will understand and be able to analyse the different factors that cause an unequal distribution of income and wealth in an economy * Some students will be able to answer a past exam question. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice whiteboard starter activity and a brief re-cap on elastic and inelastic supply of labour tick sheet. I have also included a nice worksheet that gets students to fully look at the clear difference between income and wealth. Students also look at the main causes of inequality in the distribution of income & wealth in the UK. The lesson concludes with a past exam style question - with a useful template to help answer the question properly. I have included a nice worksheet that follows the PPT very carefully. 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 1 of 4 covering poverty and the inequality of the distribution of income.