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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.
AQA GCSE Business Studies: How to Answer 9 Mark Questions & Show Great Application to the Case Study
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AQA GCSE Business Studies: How to Answer 9 Mark Questions & Show Great Application to the Case Study

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This lesson looks at how to properly tackle exam style questions for AQA GCSE Business Studies. The lesson looks at the four key skills needed in the exam; knowledge, application, analysis and evaluation. The lesson is based around an exam case study from Unit 1: Setting Up a New Business. The lesson gets students to complete a SWOT analysis for the case study, highlight key information and answer questions based around the case study. The lesson concludes by looking at a really great structure for answering 9 mark questions. The lesson includes a fun starter quiz that covers a number of topics from the syllabus. I have also included a well laid out and professional worksheet that is used in conjunction with the PPT. This lesson is aimed at AQA GCSE Business Studies, but it could easily be adapted for other exam boards and may also be useful for A-Level Business Studies. A great overall selection of resources that will help students fully prepare for their examinations.
Price Discrimination - First, Second & Third Degree Price Discrimination - A-Level Economics
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Price Discrimination - First, Second & Third Degree Price Discrimination - A-Level Economics

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This lesson helps students understand what price discrimination is and the conditions needed. This lesson offers key theory on the three different types of price discrimination. The lesson has clear theory, diagrams and examples to make sure students fully understand this economic concept. Below is a breakdown of the lessons learning objectives: All Students will understand the three types of price discrimination. Most Students will understand how to draw price discrimination diagrams for both first and third degree price discrimination. Some students will understand how to apply this knowledge to a past exam question. The lesson concludes with various tasks and exam style questions. I have included a teacher and student copy of the presentation and a worksheet that works alongside a great video link. This lesson is perfect for A-Level Economics.
Oligopoly - Profit Maximissation for Oligopolies (MR=MC) - Collusion & Cartels - A-Level Economics
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Oligopoly - Profit Maximissation for Oligopolies (MR=MC) - Collusion & Cartels - A-Level Economics

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This lesson on oligopolies helps students understand why profits are maximised when marginal revenue equals marginal costs for collusive oligopolies. The lesson looks at how oligopolies can collude and even create cartels. Below is a breakdown of the lesson objectives: All Students will understand that a firms profits are maximised when MR = MC in a price fixing oligopolistic market. Most Students will understand how to draw profit maximisation for price fixing oligopolistic markets. Some students will understand how to apply this knowledge to a past exam question. The lesson focuses on the following key terms and includes various definitions, examples and tasks related to the following: Oligopoly Cartel Collusion MR = MC The lesson concludes with various tasks and a past paper question. I have also included a fun key word quiz to test students on the various microeconomic keywords. My PPT easily explains the rules and has proved very popular with students. This lesson is perfect for A-Level Economics.
Oligopoly - Game Theory & Prisoners’ Dilemma & Oligopolistic Pricing Strategies - A-Level Economics
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Oligopoly - Game Theory & Prisoners’ Dilemma & Oligopolistic Pricing Strategies - A-Level Economics

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This lesson covers some really important theory for oligopolies. The lesson will help students understand how game theory and prisoners’ dilemma impacts an oligopoly and the various pricing strategies that oligopolistic markets may use. The lesson includes various tasks, examples and clear theory and links to various video clips to help consolidate the learning. The first part of the lesson has the following learning objectives: All Students will understand how game theory works and how it impacts oligopolies Most Students will understand how prisoners’ dilemma can cause issues for oligopolies. The second part of the lesson covers the following learning objective: All Students will understand that the various pricing strategies for oligopolies. The lesson concludes with a past paper style question. I have included both a teacher and student copy of the lesson and have included a nice worksheet to work alongside a great video link. This lesson is perfect for A-Level Economics and aims to tackle a tough topic.
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 Economic / Business Cycle & Money Flow - The Money Supply - GCSE Economics - PPT & Worksheet
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The Economic / Business Cycle & Money Flow - The Money Supply - GCSE Economics - PPT & Worksheet

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This lesson looks at the economic (business) cycle and the money flow in the UK. This lesson looks at the role of the Bank of England and then focuses on the four stages of the economic cycle. The lesson looks at the key characteristics of each stage and how it can impact the economy. The lesson then looks at the money flow and how it can impact the basic flow of income and spending for a consumer. The lesson concludes with exam style questions on the topic. A good lesson for GCSE Economics which could also be used for A-Level.
Inflation - Cost Push & Demand Pull Inflation & Problems of Inflation - Housing Market - Economics
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Inflation - Cost Push & Demand Pull Inflation & Problems of Inflation - Housing Market - Economics

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This lesson on inflation helps students fully understand what inflation is and how it can effect the economy. I have included enough theory that this attached lesson could easily stretch across 2-3 lessons. The lesson looks at what inflation is, how it is measured, a brief history of UK inflation, the problems of inflation and the causes of inflation. The lesson sets out to answer the following learning objectives: All Students will know how inflation levels are measured Most Students will know the different problems caused by inflation Some Students will know the difference between cost push and demand pull inflation The lesson helps students fully understand the key concepts of inflation and covers the following topics in good detail: Inflation Retail Price Index (RPI) Cost push inflation Demand pull inflation Price stability The 2nd lesson then goes on to link key theory to the housing market (a typical exam topic) and how inflation can impact that industry. The lesson looks to cover the following learning objectives: All Students will know what deflation is Most Students will know the different ways of solving inflation Some Students will know how inflation can effect the UK housing market The lesson concludes with various questions based on the theory covered. This lesson is perfect for GCSE Economics and could be sued 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.
Unemployment - Different Types of Unemployment & How it is Measured - GCSE Economics - PPT & Quiz
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Unemployment - Different Types of Unemployment & How it is Measured - GCSE Economics - PPT & Quiz

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This lesson will help students understand what unemployment is, the different types and how it is measured in the UK. The lesson includes key theory, examples and video clips to promote a healthy class discussion on the topic. Below is a breakdown of the lessons objectives: All Students will know how unemployment levels are measured in the UK. Most Students will know the different types of unemployment. Some Students will know how interpret key unemployment data and show analytical skills. The lesson aims to explain the following key theory (including the different types of unemployment): ILO Survey Structural unemployment Seasonal unemployment Cyclical unemployment Frictional unemployment Classical unemployment Each type of unemployment includes examples and key definitions. The lesson concludes with written questions based on the theory covered. I have also included a multiple choice quiz for the topic. This lesson is perfect for GCSE Economics and could also be used for A-Level.
Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz
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Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz

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This lesson will help students understand what economic growth means, the main benefits and drawbacks of economic growth, how economic growth can be measured and how it can effect an economy. This lesson includes numerous tasks and key theory. Below is a breakdown of the lessons objectives: All: Students will know what economic growth is. Most: Students will know the difference between GDP and GDP per capita. Some: Students will know which countries have the highest and lowest GDP and GDP per capita around the world. The lesson looks at the following concepts in a lot of detail and includes various tasks, key terms and examples: Economic Growth Benefits and Drawbacks of Economic Growth Gross Domestic Product (GDP) GDP Per Capita Standard of Living The lesson includes many fun activities and interactive tasks and concludes with various written questions, I have also included a useful mini test that could be used in a separate lesson. I have also included a fun multiple choice quiz to help students re-cap on the lesson. This lesson is perfect for GCSE Economics but could easily be used for AS level Economics. This lesson could also be used for Geography.
How the Economy Works - Introduction to Macroeconomics - GCSE - First Lesson - PPT & Quiz
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How the Economy Works - Introduction to Macroeconomics - GCSE - First Lesson - PPT & Quiz

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A nice introduction lesson on teaching macroeconomics to GCSE Economic students. The lesson introduces vital economic key terms and basic theory. Below is a breakdown of the lesson objectives: All students will know the main measures of an economy Most students will have an idea of what the UK economy is currently like Some students will know how different factors can effect the UK economy The lesson looks at the basics of the following macroeconomic concepts with definition, examples and valid video links: Inflation Unemployment Economic growth Gross domestic product (GDP) Balance of payments Exchange rates The lesson concludes with a nice multiple choice quiz to test students on the lessons theory. Overall a good lesson that briefly looks at some the of most important topics in macroeconomics. This lesson is perfect for GCSE Economics but could also be used for AS Economics.
Oligopolies - Kinked Demand Curve & Profit Maximisation in Oligopolistic Markets - A-Level
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Oligopolies - Kinked Demand Curve & Profit Maximisation in Oligopolistic Markets - A-Level

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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.
Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative
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Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative

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This high quality lesson looks at the five main economic efficiencies as listed below: Technical efficiency Productive efficiency X-Efficiency Allocative efficiency Dynamic efficiency Each type of efficiency is clearly explained and uses relevant examples and diagrams. I have included various tasks throughout the lesson as listed below: Starter - Mini Whiteboard Task Economic Efficiency Consolidation Quiz Peer work: Exam Question Analysis Plenary Post-it Notes – Key Economic Efficiency Tips The teacher PPT is 34 slides and will help deliver a top quality lesson. I have also included a streamlined student copy of the PPT and a efficiency test. This lesson is perfect for A-Level Economics.
Calculating MR = MC - Profit Maximistaion - Marginal Cost & Marginal Revenue
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Calculating MR = MC - Profit Maximistaion - Marginal Cost & Marginal Revenue

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This lessons aims to help students fully understand how a firms maximum profits are calculated. The lesson looks at MR = MC and uses various graphs and table questions to help teach a tricky but essential topic. The lesson looks at each of the following key terms with straightforward explanations, examples and questions : * Profit maximization * Marginal revenue * Marginal costs * Theory of the firm * Law of diminishing returns I have also included two key diagram sheets; one covers profit maximisation in perfectly competitive markets and the other covers the long-run equilibrium in perfectly Competitive markets. The lesson concludes with an exam style question and mark scheme. I have included a teacher and a student copy of the PPT. This lesson is perfect for A-Level Economics.
Market Structures Key Theory: Perfect Competition, Oligopoly & Monopolies
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Market Structures Key Theory: Perfect Competition, Oligopoly & Monopolies

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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.
Growth of Firms - Plant & Firm Level Economies of Scale - A-Level Economics
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Growth of Firms - Plant & Firm Level Economies of Scale - A-Level Economics

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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.
Growth of Firms - Intergation - Mergers & Takeovers - Internal & External Growth
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Growth of Firms - Intergation - Mergers & Takeovers - Internal & External Growth

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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.
Alternative Theories of the Firm & Theory of the Firm - A-Level Economics
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Alternative Theories of the Firm & Theory of the Firm - A-Level Economics

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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.
Technological Change & Technical Progress - Invention & Innovation - Economics
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Technological Change & Technical Progress - Invention & Innovation - Economics

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This lesson looks at technological change and how it is impacting firms. The lesson looks at the difference between invention and innovation with relevant examples. The lesson also focuses on synergy demand and how some firms are using this to create huge profits. The lesson then looks at disruptive innovations and barriers to entry. The lesson concludes with some questions to help reflect on the key theory. I have included a teacher and student copy of the PPT. I have also included Economics Pictionary as a nice plenary game - this game includes key words to use and explains the rules. The lesson is perfect for teaching microeconomics at A-Level and could be used for Business Studies.
Profit Maximisation & Types of Profits for a Firm - Microeconomics - Whole Lesson - A-Level
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Profit Maximisation & Types of Profits for a Firm - Microeconomics - Whole Lesson - A-Level

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A good lesson that looks at profit maximization in a lot of detail - what it is, how it calculated and how it can be shown on a graph. The lesson also looks at the key theory behind the three types of profits; Normal Profits, sub-normal profits and super-normal (abnormal) profits. The lesson includes all key theory and numerous tasks and activities. I have included both a student and teacher version of the lesson. Perfect lesson for A-Level Economics / Microeconomics.