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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.
Assessment Centre - Fun Lesson on Recruitment - People in  Business Group Task - GCSE
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Assessment Centre - Fun Lesson on Recruitment - People in Business Group Task - GCSE

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A nice fun group work lesson that helps cover recruitment. This lessons helps turn your classroom into an assessment centre. The lesson will put students into a candidates shoes, where they will be expected to complete numerous tasks before an overall candidate is given the key job (the best student on the day). The lesson first looks at the theory of the different ways candidates can be tested. Students will the have to complete an aptitude test (I have included 2, choose which one you want to use). You then start the group task - this is done to see which team works the best and who creates the biggest straw tower. Resources will obviously need to provided by the teacher. The teacher then fills in the grading sheet and announces which candidiate(s) have impressed the most and gets the job. A nice fun lesson that works really well straight after teaching the recruitment process. Perfect for engaging GCSE Business Studies students.
The National Minimum Wage & Mobility of Labour - Economics - Labour Markets - GCSE
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The National Minimum Wage & Mobility of Labour - Economics - Labour Markets - GCSE

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A detailed lesson on the National Minimum Wage and the mobility of labour. This lesson continues with the labour markets and covers two important topics. The lesson starts with key theory on the National Minimum Wage, the PPT looks at the pros and cons of the NMW and introduces the National Living Wage. The lesson includes the latest minimum wage figures and can help bring up a great discussion with your class on how income is distributed across the UK. The lesson then continues by looking at how mobility of labour and the immobility of labour can have a huge impact on the labour market. The lesson looks at both geographical and occupational mobility and immobility of labour. The lesson finishes with numerous questions on the topics covered in the PPT. This lesson is perfect for GCSE Economics and could easily be adapted for A-Level standard.
A-Level Economics - How to Answer a 25 Mark Question - Is Economic Growth Always Good?
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A-Level Economics - How to Answer a 25 Mark Question - Is Economic Growth Always Good?

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This concise and clear PPT allows students to work through an exam style essay question. Students will understand how to structure a 25-mark essay based exam question through the skills of knowledge, analysis, application and evaluation. They will learn how construct PECAN PIE paragraphs and how to access all AO’s effectively. The lesson is centered around the following question: Is Economic Growth Always Good for an Economy? This lesson will work perfectly after covering economic growth in either year 1 or year 2 of macroeconomics. I have also included a corresponding worksheet, where students need to highlight, and peer mark an existing exam answer, whilst highlighting which AO’s have been met and how the answer could be improved. I have also included a nice PECAN PIE template for exam assistance for this and future questions. I have also included a simple key theory sheet which can be given out to students to help them access the question. The lesson includes a nice starter, main and plenary task. This lesson could easily stretch over 2 hours.
Employment & Unemployment - Year 2 A-Level Macro Economics - Whole Lesson
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Employment & Unemployment - Year 2 A-Level Macro Economics - Whole Lesson

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An in-depth look at how unemployment can impact an economy. This lesson looks at voluntary and involuntary unemployment in a lot of detail. Lesson Aim: Students will understand the different types, consequences and impact of unemployment to an economy. The lesson covers the following topics: The Causes of Real Wage Unemployment The Natural Rate of Unemployment Factors Determining the Natural Rate of Unemployment Reducing the Natural Rate of Unemployment NAIRU The Consequences of Unemployment Hysteresis & Unemployment The lesson includes exam style questions, examples, diagrams, a research task and a fun end of lesson game. This detailed PPT will easily last 2 hours and will give students a real understanding of how unemployment impacts an economy.
The Economic Problem - GCSE Economics
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The Economic Problem - GCSE Economics

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This detailed and engaging PPT covers the economic problem. The lesson reflects on how the economic problem impacts consumers, producers and governments. It also looks at sustainability and choices. The lesson also looks at the 3 key questions linked to the economic problem; what to produce, for whom to produce and when to produce. The lesson includes lots of engaging tasks, key theory, tasks and relevant examples. Main Aim: Students will understand the main economic problem. Students will understand the 3 main questions linked to the economic problem, what is sustainability and how it can impact consumers, producers and governments.
Competition – How Producers Compete, Competition & Price, Supply & Demand Curves & Evaluation
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Competition – How Producers Compete, Competition & Price, Supply & Demand Curves & Evaluation

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This detailed and engaging lesson covers the key theory behind Competition. This includes the different ways competitors compete, the difference between price and non-price competition. The lesson also looks at demand and supply and how elasticities can impact competition. The lesson includes many tasks, videos and activities throughout. Main Aim: Students will understand competition. The lesson also covers the ways producers can compete and how elasticity and supply and demand curves impact a competitive market. The lesson includes many videos, tasks and examples.
Interest Rates - Impact of Increasing & Decreasing Interest Rates - GCSE Economics PPT & Worksheets
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Interest Rates - Impact of Increasing & Decreasing Interest Rates - GCSE Economics PPT & Worksheets

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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.
The Labour Market Lesson Bundle - A-Level Economics
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The Labour Market Lesson Bundle - A-Level Economics

6 Resources
The labour market lesson bundle includes all 6 lessons that cover this key topic in Economics. Each lesson includes all key theory, examples, diagrams and numerous tasks. Lessons: 1. The Labour Market - Introduction to the Labour Market 2. The Labour Market - Monopsony / Monopsonies Key Theory 3. The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour 4. The Labour Market - The Marginal Revenue Product & Marginal Physical Product 5. The Labour Market - The National Minimum Wage & Wage Differentials 6. The Labour Market - Trade Unions
Introduction to Economics
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Introduction to Economics

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Students will be introduced to what economics is all about. Students will learn some of the key theories of economics and learn about the clear differences between micro and macroeconomics. Concepts introduced include needs and wants, goods and services, the factors of production, market failure, production and economic welfare. Lots of videos, tasks, questions and revision sheet included.
Monetary Policy & Central Banks
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Monetary Policy & Central Banks

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Students will understand the key economic theory of monetary policy and how this links into central banks. The lesson covers what monetary policy is and the different policies available, including changing interest rates and quantitative easing. The lesson covers the Monetary Policy Committee. 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.
The Economic Cycle
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The Economic Cycle

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Students will understand the key economic theory of the economic cycle. The lesson covers the economic cycle diagram and the various stages of the cycle. The lesson also covers how economic growth is impacted by the economic cycle. The lesson includes deep theory, many tasks and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a detailed revision aid.
Introduction to Microeconomics - Economics - GCSE & AS Level - PPT & Tasks - How the Market Works
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Introduction to Microeconomics - Economics - GCSE & AS Level - PPT & Tasks - How the Market Works

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A bumper selection of resources to help introduce microeconomics. The PPT covers a lot of key theory for economics and how the market works. This PPT will stretch across 2-3 lessons and will give students a great foundation for the year ahead. I have also included a useful supply and demand scenario worksheet that should be printed with 6 slides per page on a PPT and get students to fill in the new shift in either supply or demand. I have also included a simple supply and demand starter worksheet. Ideal for GCSE and AS microeconomics.
Overseas Location - International Trade - Growing as a Business Abroad - GCSE Business Studies
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Overseas Location - International Trade - Growing as a Business Abroad - GCSE Business Studies

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This bumper lesson looks at how businesses may be affected if they decide to relocate or move abroad. The lesson looks at how different stakeholders are impacted. The lesson also looks at the main pros and cons of operating on global scale and includes relevant business examples. I have included 2 worksheets to help with the lesson. Perfect resource for GCSE Business Studies and the Growing as a Business topic.
Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers
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Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers

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This lesson looks at business growth and focuses on business growth and integration. The starter activity re-caps on the three industrial sectors and the difference between internal and external growth. The PPT then looks at the pros and cons of mergers and takeovers. The biggest section of the PPT is the look at integration. There are clear examples of vertical, horizontal and conglomerate / diversification / lateral integration. There are many tasks throughout and two very detailed worksheets to help with the theory. This lesson could easily be used for A-Level Business Studies and also used for Economics. Perfect for teaching the Growing as a Business topic in GCSE Business Studies.
Taxes - Direct & Indirect Taxes - Economics - Presentation & Worksheet - GCSE - Micro & Macro
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Taxes - Direct & Indirect Taxes - Economics - Presentation & Worksheet - GCSE - Micro & Macro

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A bumper lesson that covers taxes. This includes theory on how taxes work and the different types of taxes in the UK. The lesson looks at how a change in taxes can impact a supply curve. The lesson looks at how both ad valorem and specific taxes work. I have included a nice supply curve task on calculating an ad valorem tax. I have included many examples. The lesson has many exam style questions to help test students knowledge. I have also included a nice worksheet on taxes. Perfect for Economics at GCSE level.
The Public & Private Sector / Organisations - Key Theory & Tasks - Business Studies & Economics
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The Public & Private Sector / Organisations - Key Theory & Tasks - Business Studies & Economics

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A nice lesson that looks at the clear difference between the public and private sector. The lesson looks at examples of government run organisations and the key theory and how private firms are run, again with clear examples and theory. The lesson includes a nice gap-fill worksheet (answers also provided). This lesson is perfect for both GCSE and A-Level Business Studies and Economics.
The Law of Diminishing Returns & Returns to Scale - A-Level Microeconomics - Whole Lesson & Quiz
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The Law of Diminishing Returns & Returns to Scale - A-Level Microeconomics - Whole Lesson & Quiz

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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.
Economies & Diseconomies of Scale - A-Level Economics - Microecnomics - Whole Lesson
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Economies & Diseconomies of Scale - A-Level Economics - Microecnomics - Whole Lesson

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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.
Reducing Unemployment - Aims to Reduce Unemployment in the UK - GCSE Economics - PPT & WS
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Reducing Unemployment - Aims to Reduce Unemployment in the UK - GCSE Economics - PPT & WS

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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.
Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets
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Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets

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This bumper lesson looks at cost-benefit analysis in a lot of detail. The lesson looks at what a CBA is and how it impacts firms and governments. I have included all the key theory on the topic plus many great examples of when cost-benefit analysis was used. Below is a break-down of the lesson objectives: ALL Students will understand the main pros and cons of carrying out a cost-benefit analysis. SOME students to understand a few economic examples of when a cost-benefit analysis should be used. I have included a student copy of the lesson to go alongside the main PPT. I have also included a market failure bingo game, a market failure quiz with answers and a CBA group task. This lesson is aimed at A-Level Economics but could also be useful for Business Studies.