This lesson looks at how the growth of firms impacts economies of scale. The lesson looks at the following topics with key theory and examples: Economies of Scale Plant Level Economies of Scale Firm Level Economies of Scale Technical Economies of Scale Multi Plant Economies of Scale The lesson has numerous tasks throughout and includes both a teacher and student copy of the PPT. I have also included a nice keyword loop game - simply cut up the keywords / definition slips and get students to loop them together to create a full chain (full instructions on worksheet). Perfect lesson for A-Level Economics.

This lesson focuses on the basic key theory of the main market structures (as listed below). The lesson includes theory, examples and tasks throughout. Perfect competition Monopolistic competition Oligopoly Duopoly Monopoly The lesson then focuses on perfectly competitive markets and its key diagrams. The diagrams covered includes: Revenue curves in perfect competition Short-run equilibrium in perfect competition Profit maximisation in perfectly competitive markets Long-run equilibrium in perfect competition There are tasks, examples and clear theory for each diagram. The lesson then looks at monopolies and looks at marginal and average revenue curves in a monopoly. The lesson concludes with an exam style question. I have also included a student copy of the PPT. This 48 page PPT can easily stretch across a number of lessons. I have also included a nice keyword quiz. Perfect for A-Level Economics.

This lesson focuses on the four alternative theories of the firm. The lesson re-caps on the main theory of the firm; profit maximization and then looks at four other potential aims for a firm: Revenue maximisation Sales maximisation Managerial theory Organisational theory Each alternative theory of the firm has clear theory, diagrams and examples. I have also included a past exam style question and a mark scheme. I have included a teacher and student copy of the PPT. This lesson is perfect for A-Level Economics.

This lesson focuses on the growth of firms and looks at the many different ways a firm can grow. The lesson looks at the pros and cons of the different ways to grow and includes many tasks throughout the lesson. This lesson covers the following topics in a lot of detail, with relevant theory, examples, videos and diagrams: Internal growth External growth Horizontal integration Vertical integration Lateral growth Mergers Takeovers I have included both a student and teacher copy of the lesson resources. I have also included a nice worksheet on the lesson that has numerous questions on the topic. This lesson is perfect for A-Level Economics and can also be used for Business Studies.

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.

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.

An extension of aggregate supply theory and a detailed look at LRAS, the banking system and the labour market. Main aim: Students will expand their theory of AS and look at how focus on detailed reason how LRAS can be impacted in an economy. Students also assess both the Classical and Keynesian view. This lesson covers the following areas: Re-cap on aggregate supply Keynesian vs Classical Aggregate Supply & the Institutional Structure of the Economy The Labour Market & LRAS Keynesian Economists & Wage ‘Stickiness’ The lesson includes numerous written tasks with two essay-based exam questions at the end. This lesson could easily last 2+ hours.