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.

A good overview and whole lesson on how national income data can measured and how it impacts an economy. Lesson aim: Students will understand how income data is measured, why governments measure income data and the main limitations of using income data to access living standards. This 33 slide PPT offers a perfect 2 hour+ lesson on national income data. The lesson looks at the following areas: Measuring National Income Why do Governments Measure National Income? What are the Limitations of Using National Income Data to Measure Living Standards? Other ways of measuring living standards The Big Mac Index The lesson has a number of written tasks throughout including two essay-based exam questions at the end. Overall a perfect lesson for A-Level economics.

Students will understand the key economic theory of the labour market. The lesson introduces the difference between the labour and goods market and immobility of labour. The lesson also reflects on the main determinants of demand and supply for labour. The lesson includes a fun game and worksheets.

Students learn the key theory behind the net and gross pay. This includes the key difference between net and gross pay. The lesson has lots of calculation tasks and worksheets – with modelled answers. A great lesson to teach alongside fiscal policy or labour markets.

Students will understand the key economic theory of the economic growth. Students will learn how economic growth is measured and calculated. Students will also look at GDP and GDP Per Capita. Economic growth and inflation are also touched upon. The lesson also gets students to analyse various economic growth data and how it can impact other government objectives. The lesson includes tasks, examples, worksheets and videos.

Students will understand the key economic theory of monetary policy and how it can impact different government objectives. Students will learn about quantitative easing, the impact on employment and on price stability. The lesson includes tasks, examples and videos.

Students will understand the key economic theory of globalisation. Students will learn what globalisation is, the characteristics of globalisation and the likely consequence of globalisation. Students will reflect on how MNC’s also impact globalisation. The lesson includes tasks, examples and videos.

Students will understand the key economic theory of the pros and cons of globalisation and the main causes of globalisation. Students will reflect on data, examples and key theory to help consolidate their learning. The lesson includes tasks, examples and videos. The lesson also includes a good worksheet task.

Students will understand the key economic theory of employment and unemployment. The lesson covers the types of unemployment and how it is measured. The lesson also covers ‘stick wages’ and how this links to voluntary and involuntary unemployment. The lesson covers the natural rate of unemployment, NAIRU and the consequences of unemployment. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will understand the key economic theory of exchange rates. The lesson covers what a trade-weighted index is and fixed and floating exchange rates. The lesson also covers the supply and demand of exchange rates and how governments can influence them. The lesson also looks at The Marshall Lerner Condition and the J-Curve effect. 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.

Students will understand the key economic theory of Fiscal Policy. The lesson covers government expenditure and income through taxes. The lesson covers why governments levy taxes, the principles of taxation and the Laffer curve. The lesson also covers budget balances, deficits and surpluses and how this links to national debt. 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.

Students will understand the key economic theory of index numbers and how it can used in economics. Students will learn how index numbers are calculated, displayed and how the data can be analysed. The lesson includes deep theory, many tasks, examples and exam style questions. This lesson is aimed at higher level Macroeconomic teaching and includes many activities.

A great revision lesson that re-caps on many of the key finance topics for GCSE Business Studies. This lesson will re-cap on the main sources of finance (and there pros and cons), how to calculate profit and how to complete cash flow forecasts. I have included a nice quiz that covers cash flow. I have also included a bumper worksheet with a large selection of written questions and finance calculation questions. A great set of resources that covers a large chunk of finance. Perfect for GCSE Business Studies.

A detailed extension of aggregate demand theory and a detailed look at the consumption function and MPC. Perfect for year 2 A-Level macroeconomics. Main Aim: Students will expand their theory of AD and look at how consumption can be looked to through both the consumption function and MPC. Students will also look at the Multiplier concept. This lesson covers the following areas: Consumption The consumption function and graph Marginal propensity to consume (MPC) Influences on MPC The multiplier effect The reserve multiplier. The lesson concludes with exam-based questions on a news article. This lesson could easily last 2 hours.

This detailed and engaging PPT covers the four factors of production (land, labour, capital and enterprise) and how they need to work together and often be combined. The lesson also covers how the factors of production can be improved and how this can impact firms. The lesson includes lots of engaging tasks, key theory, homework tasks and relevant examples. Main Aim: Students will understand the four factors of production; Land, Labour, Capital and Enterprise. Students will also understand how the factors of production can be combined.

This detailed and engaging lesson covers the key theory behind demand. This includes the law of demand, contractions and extensions of demand and why the demand curve can shift. There are many examples of why the demand curve can shift. The lesson includes many tasks including a great resource where students need to read the demand scenario and then move the demand curve accordingly. There is also a nice bonus demand worksheet included. Main Aim: Students will understand the law of demand, how demand can be shown on a demand curve. The lesson covers the main shifts and movements on the demand curve and many tasks and examples.

This detailed and engaging lesson covers the key theory behind price. This includes the functions of price, how price reflects value and how supply and demand diagrams help show price. The lesson looks at the equilibrium point and how excess demand or supply can change price. There are many examples of why the supply curve can shift. The lesson includes many tasks and activities throughout. Main Aim: Students will understand how price is determined through supply and demand and the equilibrium point. The lesson also covers the functions of price. The lesson covers the supply and demand diagrams and the theory behind excess demand and excess supply. The lesson includes many tasks and examples.

This detailed and engaging lesson covers the key theory behind Market Structures. This includes the different market structures, perfect competition, competitive markers, oligopolies and monopolies. The lesson looks at the pros and cons of each structure and many examples. The lesson includes a group task to consolidate learning. The lesson includes many tasks, videos and activities throughout. Main Aim: Students will understand market structures – including competitive markets, oligopolies and monopolies. The condition, pros and cons of each market structure are covered. The lesson includes many videos, tasks and examples.

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 helps students complete many tasks linked to fiscal policy. 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 the fiscal policy.