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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.
Positive & Normative Economic Statements - Economics - GCSE & A-Level Lesson
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Positive & Normative Economic Statements - Economics - GCSE & A-Level Lesson

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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.
Monopolies & Market Failure - Pros & Cons of Monopolistic Markets - A-Level Economics
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Monopolies & Market Failure - Pros & Cons of Monopolistic Markets - A-Level Economics

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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.
Production & Productivity - Labour & Capital Productivity - GCSE Economics - PPT & Worksheet
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Production & Productivity - Labour & Capital Productivity - GCSE Economics - PPT & Worksheet

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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.
Government Intervention - Price Floors, Price Ceilings, Subsidies & Government Failure - Economics
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Government Intervention - Price Floors, Price Ceilings, Subsidies & Government Failure - Economics

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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.
GCSE Business Studies - Unit 2: Growing as a Business - Keyword Championships - Fun Revision Game
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GCSE Business Studies - Unit 2: Growing as a Business - Keyword Championships - Fun Revision Game

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Business Studies students. Unit 2 Keyword Championships helps students re-cap on all the keywords from the unit Growing as a Business from GCSE Business Studies. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Business Studies. A perfect game for GCSE Business Studies. This game has been made to fit the AQA syllabus, however it could easily be adapted for other exam boards. Included in this lesson are following: Keyword Championship Title Screen Rule of the game Score card Unit 2 - Growing as a Business Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
GCSE Economics - How the Market Works - Keyword Championships - Fun Revision Game - OCR - Micro
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GCSE Economics - How the Market Works - Keyword Championships - Fun Revision Game - OCR - Micro

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Economics students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit How the Market Works from GCSE Economics. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Economics. A perfect game for GCSE Economicss. This game has been made to fit the OCR syllabus, however it could easily be adapted for other exam boards. Included in this lesson are following: Keyword Championship Title Screen Rule of the game Score card Unit 1 - How the Market Works Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
Economic Growth & the Economic Cycle - Year 2 A-Level Macroeconomics / Economics
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Economic Growth & the Economic Cycle - Year 2 A-Level Macroeconomics / Economics

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A very detailed look at the causes, pros and cons of economic growth and how it can influence different economies. Main aim: Students will expand their theory of economic growth and look at very details pros and cons of economic growth. Students will also look at the major impact economic growth can have to an economy. This lesson covers the following areas: The Benefits of Economic Growth The Disadvantages of Economic Growth The Impact of Economic Growth The Stages of the Economic Cycle The Causes of Changes in the Economic Cycle The lesson has numerous written tasks throughout and leads up to a 25-mark exam style essay question.
The Labour Market – Doctors & Nurses Pay & Wage Differences
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The Labour Market – Doctors & Nurses Pay & Wage Differences

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This detailed lesson looks at why doctors are paid more than nurses. The lesson builds up many exam skills, such as theory, application, supply and demand practise and higher-level exam questioning. The lesson also includes a model answer and has many tasks throughout. This is a perfect lesson to consolidate labour market theory. This lesson includes an accompanying worksheet.
Competition & Market Structures Revision / Overview Lesson - A3 Worksheets & Research Task
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Competition & Market Structures Revision / Overview Lesson - A3 Worksheets & Research Task

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This lesson helps students complete many tasks linked to Competition and Market Structures. The lesson will help retrieve and re-cap on essential theory and tasks. This is the perfect lesson to cover after competition theory has been covered in class. The lesson also includes a detailed research / independent study task - perfect for homework. Main Aim: Students will re-cap and revise the key theory of competition and market structures. Students will cover three A3 revision sheet that covers all the key questions linked to competition. Students will practise theory, analysis, exam and data-based questions. Students can also complete a detailed research task on competition.
Economies of Scale Theory & Internal Economies of Scale
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Economies of Scale Theory & Internal Economies of Scale

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Students will learn the theory behind economies of scale and the different types of internal economies of scale. The lesson includes the economies of scale diagram and examples. The lesson also re-caps on average costs and how this links into economies of scale. Lots of examples and tasks throughout. The lesson includes a great A3 task looking at economies of scale at various firms.
Employment & Unemployment & How it is Measured
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Employment & Unemployment & How it is Measured

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This detailed and engaging lesson covers the key theory employment and unemployment. This includes the definition of full employment, being economically inactive and what employed means. The lesson also looks at how unemployment is measured. There are many examples of unemployment and videos. The lesson includes many tasks and activities throughout.
The Costs & Benefits of Economic Growth & How it is Determined
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The Costs & Benefits of Economic Growth & How it is Determined

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Students learn the key theory behind how economic growth is determined – both demand and supply led, with many examples. The lesson also reflects on how economic growth has changed so much in Venezuela. The lesson also covers the various pros and cons economic growth can bring to am economy. The lesson includes many tasks, worksheets and videos.
Inflation & Price Stability Revision Overview Lesson - A3 Worksheets
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Inflation & Price Stability Revision Overview Lesson - A3 Worksheets

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This lesson helps students complete many tasks linked inflation and price stability. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching inflation.
Business Studies – Overview Revision: Business Ownership, Objectives & Enterprise
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Business Studies – Overview Revision: Business Ownership, Objectives & Enterprise

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This lesson helps students complete many tasks linked to the introduction of business studies. The lesson will help retrieve and re-cap on essential theory and tasks. Topics covered include business ownership, aims and objectives, entrepreneurship and enterprise and external factors. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching supply-side policies. A perfect consolidation lesson.
Types of Unemployment & Calculating & Analysing Employment Data
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Types of Unemployment & Calculating & Analysing Employment Data

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This detailed and engaging lesson covers the key theory behind the different types of unemployment and how employment data can be properly analysed. The lesson gives examples and clear definitions of cyclical, structural, frictional and seasonal unemployment. There are many examples of unemployment and videos. The lesson includes many tasks and activities throughout.
The Consequence of Inflation on Consumers, Producers & Governments
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The Consequence of Inflation on Consumers, Producers & Governments

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Students will understand the key economic theory of how inflation impacts consumers, producers and government. Students will learn about leather costs; menu costs and inflation can impact income redistribution problems. The lesson includes tasks, examples and videos. The lesson also includes a nice homework and research task based on Venezuela.
Subsidies
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Subsidies

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Students will understand the key economic theory of subsidies. The lesson covers the pros and cons of subsidies and the likely impact on the market, with supply and demand diagrams. The lesson includes tasks, examples, exam style questions and videos.
The Positive Externalities of the Brazilian Rainforest
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The Positive Externalities of the Brazilian Rainforest

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Students will understand the key economic theory of positive externalities and how this links to the Brazilian rainforest. Students will reflect on the impact deforestation is having on Brazil and the world, both economically and environmentally. Students will work ion a group to reflect ion the issues raised in the lesson. The lesson includes tasks, examples and videos.