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Advertising, Media and Peer Pressure
A financial education lesson on advertising, media and peer pressure.
Included:
Colourful and interactive slides with timers, animations and videos
Activities (with answers) throughout
Worksheet included
Detailed notes
There are 37 slides in total and this lesson took me an hour and a half to go through
Market Share Worksheet with Answers
20 multiple-choice questions on market share. The questions focus on calculations, definitions and an interpretation of values.
Students can mark answers themselves.
Save yourself some time!
Types of Taxation (Direct and Indirect)
A colourful and detailed presentation that explores types of taxation. Included in this presentation:
A fun Catchphrase starter activity where students have to look at images to guess the name of a product or service (my students love this!)
An initial true or false quiz about types of taxes (England specific)
4 slides illustrating how much tax revenue the UK generates in comparison to other countries and how that tax revenue is spent. A sample payslip is also shown to illustrate some of the deducations are taken from income tax
Colourful and detailed examples of the main forms of tax students need to know about (income, corporation, VAT, National insurance, business rates)
A ‘how much income tax does Boris pay!’ activity that students love. It illustrates that income tax brackets are different at different thresholds of income
Disadvantages of taxation
Useful tips and notes as to how to evaluate a question that refers to taxation
This lesson took me an hour to complete
Net Present Value
Net Present Value is a topic that students often find challenging. This presentation has been produced so that students of all abilities can access the topic. Using lots of colour and engaging slides, contextualised examples as well as step by step examples, this presentation has proven to be very successful in getting my students to understand this net present value effectively.
Included in this presentation:
A detailed title slide including key skills covered in the lesson and equipment required
Initial starter activity where students need to calculate the payback period and average (accounting) rate of return. The aim of this activity is to get students to think about how using both of these methods can provide conflicting results (one investment option could have a shorter payback period where the other could have a higher average rate of return). Activity and answers included in slide, as well as explanation of how these figures were calculated.
Step by step guidance as to what the net present value and time value of money means (we look at why it is better to have £100 now rather than next year)
Activities that explain what inflation and interest rates are, and how they affect the value of money (guess the price activity can be done on mini whiteboards or completed as a class)
Step by step guide demonstrating how net present value is calculated
An explanation of how net present value can be applied to investment decisions
An evaluation of the usefulness of net present value, with examples provided.
This presentation contains 53 slides and took me just under 2 hours to go through in detail.
Index Numbers
Complete lesson with additional worksheet on index numbers.
Included in this resource:
Activity on why quantitative skills are important in economics
Explanation of what index numbers are and why they are used
Step by step instructions are to how index numbers are calculated
8 activities on index numbers (all answers included)
This lesson took me an hour and a half to go through with my students
Marketing Mix - Place
Included in this presentation:
A fun Catchphrase starter activity (my students love this!)
A recap activity on cost-based pricing strategies with answers (feel free to remove or skip if you are you to cover this)
Notes and examples on the different methods of distribution
Notes on the pros and cons of each method of distribution
Notes on the importance of selecting the most appropriate method of distribution
Types of Costs WORKSHEET (Fixed, Variable, Total, Average, Marginal, Direct, Indirect)
This worksheet contains revision notes and activities on how to calculate fixed costs, variable costs, total costs, average costs, marginal costs, direct costs and indirect costs)
All answers are included
The worksheet is colourful and creative throughout
This worksheet contains 7 pages of activities and took my students between 30 - 45 minutes to complete
Can be given as classwork / homework / revision
Indirect Taxation WORKSHEET
A worksheet that tests understanding of directly and indirect taxation.
There are 4 activities in this worksheet:
A fill the blanks activity that tests students understanding of types of direct and indirect taxation and the correct terminology used depending on the tax being discussed
An activity where students need to calculate tax per unit, incidence on producers, consumers and government revenue
An activity where students need to explain why the incidence on the producer / consumer changes depending on the price elasticity of demand
An extension of activity 2 where students are given 4 additional diagrams where they need to complete additional calculations and label the incidence / tax revenue
3 multiple-choice questions on indirect taxation
Detailed answers of all* activities are provided in this worksheet
This activity took between 20 and 30 minutes for my students to complete
Market Failure (Types of)
This lesson introduces the concept of market failure and explains what each of the key types of market failure are (externalities, under-provision of public goods and information assymmetry)
Included in this presentation is:
A colourful title slide with the key learning objectives
A ‘guess the question’ starter activity with answers
A step-by-step explanation as to what market failure is
Video showing an extreme example of externalities
Fill the blanks externality activity
Externalities sorting activity with answers
Positive externality activity
Information gap activity
Detailed and colourful notes throughout
This presentation is 32 slides in length and took me one hour to go through
Rational Decision Making
This resource is a 17 slide PowerPoint that explains the concept or rational decision making.
Included in the presentation:
A colourful and informative title slide that outlines the learning objectives
An engaging and interactive online ‘vortex’ starter activity. Students need to match which key term links with which of four topics. Activity is self marked and instructions are included
Explanations of how rational decision making is a principle of neo-classical economics
Contextualised examples of how customers don’t always act rationally (Nudge Theory, Third Decoy, Dopamine, FOMO)
Explanation as to why consumers may not act rationally
This resource took me 30 minutes to complete
Terms of Trade
This colourful and informative resource is fully comprehensive, and includes a number of tasks that test learning that do not require any marking from the teacher.
Included:
A detailed and colourful title screen, outlining the learning objectives and including an interactive timer and picture animations
A ‘guess the question’ starter activity with answers that tests understanding of earlier macroeconomic content
A quiz on UK imports and exports
Detailed explanation of ‘weighted indexes’ with questions and answer scheme included
Past exam question with mark scheme on terms of trade
Link to a video reviewing terms of trade and index numbers
Detailed explanations of factors affecting terms of trade and Prebisch-Singer hypothesis
8 mark question with mark scheme
Homework tasks, including a link to a Teams Quiz with 17 questions on terms of trade. Questions are self-marked when students respond
All resources took me 3 lessons to go through
Production Methods
Notes and videos on job, batch and flow production
Economics as a Social Science (Lesson + Worksheet)
This PowerPoint presentation and worksheet has designed based on the Edexcel A Level Specification but can be applied to any exam board.
The PowerPoint includes:
Detailed and colourful title page with animations, auto calendar date, gifs and timer
Starter activity that test students’ understanding of economic terminology they should be familiar with in the news
Detailed explanation of what economics is
Challenging assumption activity
Detail notes
All answers included
The worksheet has 4 activities:
Match important key terms relating to this lesson
Challenge the assumption activity
Micro or macro scenario
UK economy trivia
Human Development Index
A lesson that explains what HDI, how it measured and other measured of development.
Explanations, editable starter activities and videos included
Allocative Efficiency (Economics)
Arguably the trickiest of the efficiencies students need to understand.
This presentation has been designed to break this efficiency down and explain it step by step.
Productive and dynamic efficiency also recapped in a starter activity.
Lots of activities included in the presentation.
Last few slides go through exam technique for 8-markers (Edexcel) with a sample question and model answer
Price Elasticity of Demand
Colourful. Engaging. Informative. This PowerPoint has been creating to introduce students to the concept of price elasticity of demand.
Included in this PowerPoint:
A detailed and colourful title page, highlighting the skills that will be covered over the duration of this topic
A starter activity where students need to rank in order which goods / services would be most to least affected by a change in price
Discussion points
Slides detailing how price elasticity of demand is calculated, with an example
Slides explaining what the numerical values mean (how to interpret them)
Calculation questions with answers
Explanation of the factors affecting price elasticity of demand
This resource took me one hour to go through as a class
Globalisation / Introduction to International Marketing
Using MCDONALD’S TSUKIMI BURGER, Tesco’s failure to succeed in the US, Apple’s failure to succeed in India, and many others, this PowerPoint seeks to explore the reasons why businesses wish to sell in international markets, the challenges and constraints.
Included in this PowerPoint:
A detailed title page, outlining the key skills covered in this topic
A recap on moving averages with answers. This topic is included in some syllabi earlier in the marketing unit but can be deleted if not required
A starter activity introducing the concept of globalisation where students need to match McDonalds products based on the country whey are sold
(demonstrating how products need to be adapted based on the market they are targeting). Answers are provided
An explanation of reasons why businesses choose to sell products in overseas markets
A contextualised example for each reason
Detailed explanations as to each of the reasons why how marketing activities need to change depending on which country goods are being sold
Video 1: Reasons why Tesco failed in US (poor marketing)
Video 2: Reasons why Apple failed in India (poor marketing)
Introduction to some of the factors that make trade between countries easier
This lesson took me an hour and a half to go through.
Market Research
Colourful and interactive lesson on market research (primary and secondary).
The lesson is split into 3 parts. 2 lessons were spent on primary research, the third spent on secondary research.
Each part of the lesson contains a different starter activity (3 starter activities in total, with answers), including fill the blanks< Catchphrase and editable key term challenge.
PowerPoint contains videos, animations and a Mentimeter activity (you will have to have your own account to access this activity)
All activities are optional and most are editable.
77 slides in total and took me two hours to go through with my students.
Poverty, Lorenz Curve, Gini Coefficient
This presentation contains:
Colourful, detailed and engaging slides throughout
A ‘random name selector’ key term starter activity
7 timed past MCQs on a range of Economic concepts (interactive timer included) All answers included.
Activities throughout
Detailed notes throughout
Explanations of Lorenz Curve and Gini-coeffient
A comprehensive presentation.
There are 65 slides in total and this lesson took me an hour and a half to go through with students
Maslow's Hierarchy of Needs
Full resource (68 slides) on Maslow’s hierarchy of needs.
Included in this resource:
Colourful and interactive title page , including timer and auto date
Catchphrase starter activity (with answers)
Step by step explanation of each need in the hierarchy
Contextualised examples
Trivia activity
Exam skills activity with answers