This double lesson introduces learners to long-run aggregate supply, we start by looking at the classical and keynes models, with a discussion on spare capacity to understand the keynes version. Step-by-step animated diagrams with explanations so it is easy for students to understand and for the teacher to deliver. We then look at the factors which can shift LRAS. Lots of practice questions with illustrated answers so students know if they are on the right track. In the second part of the lesson, students combine their knowledge on AD and AS, we read a case study on rising house prices and attempt a question on the effects on AD and AS. A model answer is provided and students can peer assess with the marking grid. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the circular flow of income, we start by looking at what this model is and how it is made up. We look at the difference between income and wealth before looking at injections and withdrawals into the circular flow. Animated diagrams of the circular flow to show how money circulates between the parties. A number of consolidation tasks including a 6 mark exam question - all with answers provided. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to output gaps, we start by looking at GDP charts and identifying trends to understand long term trend rate of growth. We then look at positive and negative output gaps in more detail with step by step, animated diagrams for clearer explanations. Finally we look at the difficulties of measuring output gaps. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the causes of economic growth, we start by looking at what growth is by differentiating between actual and potential growth. We look at different ways to show growth through step by step diagrams. We watch a few videos for context on economic growth and the export-led economic growth of Bangladesh. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply side policies to increase the productive potential of the economy. We look at both, market based and interventionist policies, with relevant examples for each one. We look at the pros and cons of using supply side policies for the economy. A group task engaging students to come up with supply-side policies and a question on how to boost the productivity of the manufacturing sector. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of revenue in Economics. We first start by looking at the law of diminishing marginal utility to understand how curves will look. We then look at each formula, with examples of figures + an activity where students calculate the total revenue, average revenue and marginal revenue. Students are made aware that revenue will be different in perfect competition compared to imperfect competition. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lessons builds on the previous lesson on costs, with an emphasis now on economies and diseconomies of scale. We look at a range of ways economies of scale can be achieved i.e. internal and external, we also look at the minimum efficient scale point and the usefulness of operating at the MES. Videos on the supermarket industry to highlight this concept and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the concept of costs in Economics. We start by recapping the factors of production to understand the difference between short-run and long-run. We then go on to look at the law of diminishing returns and how this affects productivity on diagrams - using this as a foundation to calculate and illustrate the various costs. Consolidation tasks included and a link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the monopoly market structure. We start by making links to the board game to understand what a monopoly is and its charactersitics. We look at what makes monopolies powerful, easy to follow diagrams to illustrate supernormal profits in the short-run and the long-run as well as the deadweight loss caused by monopolies. Plenty of video case studies to contextualise the topic and a discussion on the pros and cons of monopolies is included. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to public expenditure by the government. We start by looking at the three different types of expenditure (current, capital and transfer payments) before a quick activity where students estimate how much of the pot is distributed in different areas. We then look at various graphs and charts such as spending over time, spending as % of GDP, changes in spending on different areas, future spending forecasts, all this should help to contextualise the topic, we also compare spending as % of GDP internationally. We then go onto look at reasons for changes in public expenditure as well as the impacts on aspects such as productivity, equality, taxation and crowding out. Some true or false questions to consolidate, video case studies for further contextualisation. In the second lesson, there a diamond 9 group activity so students can justify where money should be spent, this creates a great opportunity to turn this into an election sort of activity as we then split the class into two different parties, each preparing a manifesto on how they will spend the budget. Colourful, concise and engaging slides! Thank you

This free lesson introduces learners to the different types of economic systems that exist. We start with learning about ‘the invisible hand’ to introduce the free market economy. Students have a guided research task to find out more about the two types of economies, this can be fed back as presentations before the class can be split into two for a debate on how countries should be governed (or not governed). A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you Complete 1.1 bundle is available in shop

These few slides introduce learners to what market failure is, a very brief introduction to build a foundation for 1.3. Colourful, concise and engaging slides! Thank you

This free lesson introduces learners to the balance of payments, with a focus on the current account. We start with gaining a basic understanding of imports, exports, goods and services before introducing the idea of an account for the UK’s international trade. We look at the difference between a surplus and a deficit and where it comes from. We also look at recent figures of the current account deficit to put things into perspective followed by consolidation of knowledge and relevant videos on the topic. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This resource can be used as a revision lesson for GCSE Business. The aim is to help consolidate key terms by playing a game. This could be used for remote learning if the document is sent out to players but ideally it would be in class with the cards cut out in a deck. 1 In pairs or teams - have at least one describer and one or more guessers 2 Roll the dice and look at the colour the dice lands on 3 The describer picks a card from the deck and demonstrates the key term to the guesser 4 The guesser has 30 seconds to guess the word 5 If correct, team goes again, if not, the next team rolls the dice 6 First team round the board three times wins (Note: the game can be adapted i.e. if no dice, you can just go in order i.e. first card marketing, then external influences etc.) Thank you

In this free lesson we look at a case study on Lucozade attempting to challenge Coca-Cola in the USA, students then attempt a question on this, with guidance on how to achieve marks for knowledge, application, analysis and evaluation. Once they’ve answered, we look at an example model answer which students can aspire to when peer assessing and making improvements. A case study on Mark’s & Spencer entering India, again with guidance and and a model answer for students to look at for marking. If this lesson saves you time and helps your students, why not have a look at other Theme 4 lessons? Colourful, concise and engaging slides! Thank you - Please leave a review if you are happy with the download :)

This lesson builds on students understanding of government interventions, we look at some possible impacts of intervention on profits, efficiency, quality and choice. Two links to kahoot quizzes on theme 3 topics to finish with. Colourful, concise and engaging slides! Thank yo

This free lesson introduces learners to the reasons for a business to stay small, we start with a brewery discussion that provides a personal service. We then look at the reasons for staying small, a short pair task followed by a concise case study on Vision Spring - this includes a 4 mark question with a model answer to peer assess against the criteria. We then go on to look at a case study of a small firm that provides clothes to men that live a fast paced lifestyle, a group presentation task can be used to answer this and then from the feedback, students can answer it as a exam style question, a concise model answer is included to compare and improve. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the role of central banks in an economy. We start by looking at some notable central banks around the world to stimulate interest. We then look at the Bank of England in more detail before discussing the key functions of central banks such as implementing monetary policy, banker to the government, banker to the banks and regulation in the banking industry, particularly after the 2008 financial crisis. Some true or false questions to consolidate knowledge, videos, research and debate task, kahoot quiz and box plenary to finish with. Colourful, concise and engaging slides! Thank you