This bundle could be delivered over 3 lessons and introduces learners to return on capital employed and gearing, whilst consolidating ratios from theme 2 such as current ratio, acid test, gross and net profit margins. Students have a chance to consider the limitations of ratios also. We start by demonstrating simple broken down examples of roce and gearing, as well as the other ratios with a range of consolidation activities. We also have a group task where students are given accounts of a major retailer, and they have to report back on how well the company has been performing by carrying out all the ratio analysis. Two kahoot quizzes with links provided and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on students understanding of the balance of payments from Theme 2, we now look at the financial and capital account as well as the current account. We start by recapping what the BoP is, some context given on surplus and deficits before we look at the causes and consequences of current account deficits. A group task for students to come up with policies to reduce a current account deficiit before we go through a range of strategies to address deficits in the BoP. Video case studies to stimulate discussion and debate. True or false questions, followed by a box plenary and a kahoot quiz. Colourful, concise and engaging slides! Thank you

This double lesson builds on learners understanding of market failure from year 12, but now we focus on failure in the financial sector. A very interestesting topic due to the application of the financial crisis. We start by recapping what market failure is and how banks fail. We then look at the 2008 financial crisis to understand what happened. Examples of different market failures are given, video case studies to help students contextualise. A 15 mark question on whether banks should be bailed out, indicative points and a peer assessment grid is included for students to use. A research task, some true or false questions to consolidate, a debate, box plenary and kahoot to finish with. A link to a documentary for homework too. 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 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 two types of poverty in Economics. We start by finding out what poverty means to students before into the details of absolute and relative poverty. We look at some engaging and informative facts/videos on poverty to a get a better undetstanding of poverty in the world and in the UK over time. We then go on to discuss the causes of changes in poverty. Some true or false questions and a debate task to consolidate learning and a research task to further contextualise understanding of this interesting topic. A box plenary and kahoot quiz to finish with, with some links to extra watching/reading. Colourful, concise and engaging slides! Thank you

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 three lesson bundle covers 4.1.1 Growing economies area of the specification. We start by looking at what an economy is and how it is measured. Then we move on to looking at examples of emerging economies such as the BRICs and MINTs. In the second 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. In the third lesson, students look at how China’s growth affects UK businesses, a model answer to look at to develop exam technique. Colourful, concise and engaging slides! Thank you

This bundle of lessons can be spread over 2-3 lessons and learners are introduced to the two financial statements. We start by breaking down an example of a Pizza shop’s revenues, costs and profit to show how the income statement is built step by step, students consolidate with an activity of creating an income statement for Ian Beale’s fish and chip shop. Answers provided to self assess. We then go on to the statement of financial position or balance sheet, before looking at some financial information and carrying out calculations (which students would’ve learned in year 12 theme 2 such as current ratio), answers provided to self assess, next, using these answers students complete a 12 mark written question - the type that appears in paper 3, so it’s a good idea to make sure students are familiar with this. Structure guidance and concise model answer provided to develop exam technique, a kahoot quiz and box plenary to finish with. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x PPT, 1x set of group task cards and 1x word case study, this can be delivered over two lessons. Learners are introduced to demand and the various factors influencing demand. We look at movements in the demand curve through price first before going through each factor with relevant examples such as using Messi and Ronaldo adverts to highlight the impact on demand for football boots. We also look at how this can be shown on diagramatically on demand curves. We then go on to ‘Walkthrough Westfield’ which is a group activity, students are given a set of factors which affect demand, and then through our virtual walkthrough we stop at different shops, students have the opportunity to dicuss and rank the factors for that particular shop (encouraging application and evaluation). We then look at different types of demand such as joint, derived and composite before looking at the concept of dimiinishing marginak utility. Students then read a concise case study and answer an 8 mark question, structure guidance and model answer provided for peer assessments - this question is from the business spec but relevant to this topic. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the world of taxes. We start by discussing what a tax is, types of taxes in the UK and the categories of taxes such as progressive, proportional and regressive taxation. An engaging story video on progressive taxes to highlight what it is and an evaluation. We look at VAT with some charts and graphs to contextualise it before looking at current income tax rates. We discuss the economic effects of changes in direct and indrect tax rates on other variables with examples and thought provoking questions. A 4 mark question with a model answer and video case studies with exam style questions to further prepare students for exams. Some true or false questions, mix and match, research task and stimulating debate questions. Two kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the concept of specialisation with an emphasis on comparative advantage. We start by looking at what specialisation is with examples of what some countries specialise in. We then look at a basic example of two countries producing two goods to really break down the concept of absolute and comparative advantage in an engaging way. We then look at this could be illustrated on a diagram. Some short answer exam questions for consolidation. We then look at the assumptions this model makes before having a break. We then look at a case study on Brazil, an exam style question with a model answer to peer assess using the marking grid. We finish off with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to inequalities around the world and in the UK. We start by looking at some unequal scenes and asking students what inequality is, the impact of it and why it is important to try and reduce inequalities. We consider the difference between income and wealth before looking at the causes of income and wealth inequality. We then look at how to measure inequality through illustration of the Lorenz curve, we then look at how the Gini coefficient can be derived from the Lorenz curve - a plotting a curve task to consolidate this important diagram. In the second part of the lesson we consider capitalism and its influence on inequalities, some interesting debates can be stimulated from this part of the specification. True and false questions, research task, video case studies, box plenary and kahoot to finish with. Colourful, concise and engaging slides! Thank you

This double (possibly triple) lesson develops students understanding of public sector finances with a focus on deficits and national debt. We start by looking at the difference between automatic stabilisers and discretionary fiscal policy with relevant examples and a consolidation task. We then go on to distinguish between deficits and national debt, with easy charts to deepen understanding of the UKs position over time. A calculation task to further consolidate understanding of how debt is calculated. A few video case studies to contextualise understanding, true or false questions, research task and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the various types of trading agreements that exist such as free trade agreements, customs union, common market and monetary union. We look at each with real life examples, a few video case studies to bring these trading agreements to life. We look at the pros and cons of regional trade agreements before reading a case study on RCEP - with an exam question and answer to look at. In the second part of the lesson we focus on the world trade organisation, its benefits and why the protests happened ‘Battle in Seattle’. Two box plenaries to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to restrictions on free trade. We start by looking at what protectionism is and why governments and countries might want to impose them. We look at various forms of protectionism such as tariffs, quotas, subsidies, non-tariff barriers. All broken down in a simple and easy to understand way, particuarly the tariff diagram which can be tricky - this is animated so the teacher can explain what is happening, as well as the impact on consumer/producer surplus, government revenue and deadweight loss. Plenty of video case studies to bring this to life such as USA (Obama and Trump) tariffs on China. Debate tasks and kahoot quizzes included. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x ppt, 2x essay questions, 1x calculation sheet. Learners are introduced to price elasticity of demand - a tricky concept at first but this resource breaks everything down step by step with plenty of calculation and essay exam practice. We start by looking at the concept of elasticity with an engaging Eastenders starter, we learn the key formulas needed to tackle any PED questions before looking at examples of some inelastic products. Students have the opportunity to calculate PED questions with answers on the board to show how answers are reached. We then go on to look at factors that affect the price elasticity of a product and apply this theory to a Nando’s 8 mark question - structure guidance and a model answer is provided for students to look at before peer assessing and responding to WWW and EBI. Another bonus question is included which is based on tobacco cigarettes vs vaping, students consider the different elasticities of the two products and explain why they might be different, full model answer provided for the class to look at and assess together. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you