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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.
Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4
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Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4

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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.
How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient - Lesson 3 of 4
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How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient - Lesson 3 of 4

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This lesson at how poverty and inequality is measured. The lesson focuses heavily on both the Lorenz Curve and how the Gini Coefficient is used to measure a countries poverty and distribution of income. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice gap fill worksheet. I have also included a nice worksheet based on the Gini Coefficient. The lesson concludes with past exam style questions. 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 and how it is measured. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 3 of 4 covering poverty and the inequality of the distribution of income.
Absolute & Relative Poverty & The Main Causes of Poverty in the UK - A-Level Economics - 2 of 4
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Absolute & Relative Poverty & The Main Causes of Poverty in the UK - A-Level Economics - 2 of 4

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This lesson at the difference between absolute and relative poverty and the main causes of poverty in the UK. The lesson includes lots of detailed theory, diagrams, examples, video links and tasks. The tasks include a nice poverty word scramble starter activity. I have also included a fun distribution of income dice game. The lesson concludes with past exam style questions. 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 2 of 4 covering poverty and the inequality of the distribution of income.
Income & Wealth - Inequality, Distribution of Income & Poverty - A-Level Microeconomics - 1 of 4
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Income & Wealth - Inequality, Distribution of Income & Poverty - A-Level Microeconomics - 1 of 4

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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.
The Labour Market - Trade Unions - A-Level Economics / Microeconomics - Lesson 6 of 6
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The Labour Market - Trade Unions - A-Level Economics / Microeconomics - Lesson 6 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at the key theory behind trade unions and how they impact the labour market. The lesson includes all the key theory, diagrams, video clips and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 6 of 6 of the labour market.
The Labour Market - The National Minimum Wage & Wage Differentials - A-Level Economics - 5 of 6
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The Labour Market - The National Minimum Wage & Wage Differentials - A-Level Economics - 5 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at The National Minimum Wage and various wage differentials. The lesson looks at the main pros and cons of the minimum wage and the key wage reasons why people earn different wages. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 5 of 6 of the labour market.
The Labour Market - Monopsony / Monopsonies Key Theory - A-Level Economics - Lesson 4 of 6
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The Labour Market - Monopsony / Monopsonies Key Theory - A-Level Economics - Lesson 4 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson cover the key theory behind monopsonies and how they impact the labour market. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun economics pictionary game that helps re-cap on key theory based on A-Level Microeconomics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 4 of 6 of the labour market.
The Labour Market - The Marginal Revenue Product & Marginal Physical Product of Labour - 3 of 6
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The Labour Market - The Marginal Revenue Product & Marginal Physical Product of Labour - 3 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at how to calculate and show both the marginal revenue product (MRP) and marginal physical product (MPP) of labour on a curve. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun revision game called Keyword Championships - a great way to learn and re-cap on all the keywords for A-Level Economics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 3 of 6 of the labour market.
The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour - A-Level Economics 2 of 6
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The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour - A-Level Economics 2 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at both the upward sloping curve of labour and the backward-bending curve of labour. This lesson also looks at the monetary and non-monetary factors that impact the supply of labour. The lesson includes numerous questions, diagrams and detailed theory. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Lesson 2 of 6.
The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6
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The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6

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This detailed lesson introduces the labour market. The lesson looks at the goods and factor markets and how the labour market impacts perfectly competitive firms through graphs and examples. The lesson also looks at the main reasons why people work and includes a past paper exam style question. I have also included a fun 'The Price is Right' style game based on salaries and jobs. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Pack 1 of 6.
Government Intervention & Government Failure - A-Level Economics - PPT, Quiz & Worksheets
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Government Intervention & Government Failure - A-Level Economics - PPT, Quiz & Worksheets

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A bumper lesson looking at the key theory behind government intervention and government failure. The lesson includes numerous examples and tasks throughout. The lesson looks at the seven main causes of government failure in a lot of detail. The lesson included a fun 'You Say We Pay' game and an exam style question. I have included a student copy of the PPT alongside the overall PPT. I have also included two tests / quizzes on similar topics and a nice 25 mark exam question template. This lesson is perfect for A-Level Economics.
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.
Market Failure, Government Intervention & Allocative Efficiency - A-Level Economics / Microeconomics
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Market Failure, Government Intervention & Allocative Efficiency - A-Level Economics / Microeconomics

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A detailed lesson covering the key theory behind market failure. The lesson covers what is market failure, the main causes of market failure and the results of market failure. The lesson also looks at allocative efficiency and how it links to the market failure. The lesson then looks at how governments may try to intervene and fix market failure. I have also included a fun 'You Say We Pay' game to help re-cap on key topics from the lesson and linked lessons. I have also included a nice market failure bingo game to help make the lesson more interactive and fun. I have included a student copy of the lesson to go alongside the main PPT. A perfect lesson for A-Level Economics.
Contestable Markets & Market Concentration - A-Level Economics / Microeconomics - PPT & Tasks
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Contestable Markets & Market Concentration - A-Level Economics / Microeconomics - PPT & Tasks

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A lesson that covers contestable markets and market concentration. This lesson is aimed at A-Level Economic. Below is a breakdown of the lesson objectives: All Students will understand that a how contestable markets impact firms. Most Students will understand what market concentration is. Some students will understand how to apply this knowledge to a past exam question. The lesson includes key theory, gap fill tasks and multiple choice questions. The lesson concludes with a 25 mark exam style question. I have also included a student copy of the PPT. A perfect lesson for A-Level Economics.
GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR
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GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR

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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.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

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A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets
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Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets

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This detailed lesson helps students fully understand economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also looks at the clear difference between internal and external economies of scale. I have focused many tasks throughout this lesson that helps students fully understand the concept of economies of scale. The lesson also looks at diseconomies of scale in a lot of detail. I have also provided a great task based on Mega Dairies in the UK and how they hope to benefit from economies of scale - this includes a number of great video clips and an excellent worksheet that could be used in a group activity. This lesson could easily stretch across 2-3 hours of teaching. A great lesson which would be perfect for GCSE Economics and also useful for A-Level.
Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks
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Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks

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A nice lesson that covers the three industrial sectors in a lot of detail. The lesson introduces the three sectors with relevant theory and examples and reasons why each sector may be increasing or decreasing. I have included many tasks throughout the lesson. This includes a fun traffic light style quiz that looks at examples and gets students to guess which sector or sectors they belong in. The lesson concludes with a nice task where students have to write and draw a nice timeline for an industry of their choice and how it can change over the three sectors. A good lesson aimed at GCSE which could be used for Business Studies, Economics and Geography students,
Calculating Profit - Exam Style Financial Questions - GCSE Business Studies - Worksheet & Answers
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Calculating Profit - Exam Style Financial Questions - GCSE Business Studies - Worksheet & Answers

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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.
Enterprise & Entrepreneurs - Starting a New Business - Business Studies - PPT, Tasks & Group Task
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Enterprise & Entrepreneurs - Starting a New Business - Business Studies - PPT, Tasks & Group Task

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A detailed lesson that covers what enterprise is and how entrepreneurs aim to start new businesses and spot gaps in the market. This lesson has many examples of famous entrepreneurs and the skills needed to start a new business. The lesson looks at a number of key business concepts including opportunity costs, risks, government help for new businesses and much more. The lesson includes a nice group work task for students where they have to create a new social enterprise idea and present to the class. The lesson includes lots of fun tasks and activities throughout. I have also included a nice worksheet on this key business topic. Perfect for either GCSE Business Studies or A-Level Business Studies.