A detailed lesson on the objectives of firms, the different business models, a brief introduction to the theory of the firm, satisficing and profit maximization. This is a great introduction lesson to A-Level Economics and Business Studies. This 38 slide lesson includes key theory and relevant examples. The lesson looks at the main objectives of firms - including profit maximization. The lesson also looks at the pros and cons of typical business models such as sole traders, partnerships, LTD’s and PLC’s. I have also included a condensed student copy of the presentation which includes key theory and tasks. I have also included a nice gap-fill worksheet on the theory covered to help students reflect on the topics covered (answers included on separate document). This lesson is perfect for A-Level Economics / Microeconomics and can also be used for Business Studies.

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.

Every year OCR GCSE Economics release a stimulus material that will be used in the The UK Economy & Globalisation exam (50% of final grade). Over the last three years I have dissected the stimulus material and added my own theory behind the evidence, quotes, graphs and figures. I then include exam style questions that may be asked to help prepare students for their upcoming exam. I have included 12 key revision packs that cover the key topics from last three years (2014, 2015 and 2016). To help students prepare for the 2017 stimulus material and exam these resources may prove to be very useful. They also cover key theory from the unit so may be useful as outright lessons. Some of my packs include student copies - these are slimmed down versions of the main revision packs. Each pack includes a screenshot of the key figures from the stimulus material, keywords and theory and exam style questions. Please see below for a full list of each pack: Pack 1: Balance of Payments Pack 2: Imports & Exports Pack 3: Exchange Rates Pack 4: Competitiveness Pack 5: Poverty Pack 6: Problems of Trade Pack 7: The Eurozone Crisis Pack 8: GDP Pack 9: Economic Growth Pack 10: Poverty & External Debt Pack 11: The EU & Eurozone Pack 12: Exchange Rates This bumper revision pack is aimed at OCR Economics and the The UK Economy & Globalisation exam but they may prove useful for other GCSE exam boards and even A-Level Economics.

This lesson looks at how poverty and inequality is linked to both the earnings and poverty trap. The lesson focuses on the earnings trap, the poverty trap, the underground trap, the underground economy and the difference between equity and equality. The lesson then looks at both horizontal and vertical equity. The lesson also looks at government policies that are designed to reduce poverty. The lesson includes lots of detailed theory, diagrams, examples and tasks. I have also included a nice gap fill worksheet. I have also included a nice starter activity on the Lorenz Curve. I have also created a nice government policy matching task. The lesson concludes with past exam style questions. I have also included a fun economics Pictionary game for the topics covered in poverty and further back in the syllabus. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and the distribution of income. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 4 of 4 covering poverty and the inequality of the distribution of income.

This lesson looks at production possibility curves (PPC) and how they show opportunity costs. The lesson includes lots of examples, diagrams and tasks to really help explain this topic. The lesson includes numerous video clips to help consolidate the learning. I have included a group task to make this lesson more engaging. This lesson is perfect for either GCSE or A-Level Economics. Lesson Aim: Students will fully understand how to analyse and draw production possibility curves.

Students learn the key theory behind the net and gross pay. This includes the key difference between net and gross pay. The lesson has lots of calculation tasks and worksheets – with modelled answers. A great lesson to teach alongside fiscal policy or labour markets.

Students will understand the key economic theory of the economic growth. Students will learn how economic growth is measured and calculated. Students will also look at GDP and GDP Per Capita. Economic growth and inflation are also touched upon. The lesson also gets students to analyse various economic growth data and how it can impact other government objectives. The lesson includes tasks, examples, worksheets and videos.

Students will understand production and productivity. The lesson covers role of producers, profit, the importance of production and productivity, calculating productivity and the potential costs of productivity. The lesson includes many tasks, videos and examples.

This detailed and engaging lesson covers the key theory behind poverty and how income and wealth is distributed. This includes the different forms of poverty and the impact this can have on an economy. The lesson also looks at pay day loans and how they had a big impact on society – leading to a high mark exam question. The lesson includes many tasks, worksheets, videos and activities throughout. The lesson also includes a nice group work activity to help consolidate the key theory.

Students will understand the key economic theory of fiscal policy, the national debt and budgets. Students will learn about the difference between budget deficit and budget surpluses. Students will learn about the income and wealth plus the pros and cons of progressive taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.

Students will understand the key economic theory of monetary policy and how it can impact different government objectives. Students will learn about quantitative easing, the impact on employment and on price stability. The lesson includes tasks, examples and videos.

Students will understand the key economic theory of Supply-Side policies. The lesson covers the different types of supply-side polices such as free market and interventionist policies. The lesson also covers the micro and macro effects of supply-side policies. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of international trade. The lesson covers the pros and cons of international trade, protectionism, custom unions and the EU. The lesson also covers the role of World Trade Organisation (WTO). The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of economic growth and development. The lesson covers the characteristics of less developed economies, the main indicators of development, and the main factors affecting growth and development. The lesson also covers the government policies to promote economic growth and development. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of exchange rates. The lesson covers what a trade-weighted index is and fixed and floating exchange rates. The lesson also covers the supply and demand of exchange rates and how governments can influence them. The lesson also looks at The Marshall Lerner Condition and the J-Curve effect. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of globalisation. The lesson covers what causes globalisation, the characteristics of globalisation and the consequences of globalisation. The lesson also covers the role of MNCs on making the world more global. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of inflation, price stability and deflation. The lesson covers inflation, hyperinflation, disinflation, reflation and much more. The lesson covers the equation of exchange, the quantity theory of money and the Fisher Equation of Exchange. The lesson also covers the consequences of inflation and deflation and whether deflation can ever be good for an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of the long-run aggregate supply curve. The lesson cover show aggregate supply is calculated and how it can be show on LRAS curves. The lesson covers how LRAS curves can move and shift and how this links to PPF diagrams. The lesson includes deep theory, many tasks, videos and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a great task looking at both the Classical and Keynesian models.

Students will understand the key economic theory of the multiplier and marginal propensity to consume (MPC). The lesson covers the main influences on MPC and how these ties in to the multiplier. The lesson covers how to calculate MPC and the multiplier with relevant questions. The lesson also covers the accelerator effect The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.

Students will understand the key economic theory of the short-run aggregate supply curve. The lesson cover show aggregate supply is calculated and how it can be show on AS curves. The lesson covers how AS curves can move and shift. The lesson includes deep theory, many tasks and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a great task at practising AD/AS curves and predicting shifts in curves.