Michael's shop
Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
Business and finance
Sources of finance: IGCSE Business
IGCSE Business Studies lesson on Sources of finance (Unit 5, Cambridge) used with my Year 11 students (PowerPoint & student work booklet).
Related resources:
8-lesson section 6 bundle here : https://www.tes.com/teaching-resource/resource-12528395
Mintzberg & intro to management (AS-level Business)
AS-level Business Studies lesson introducing Management & Leadership and Henry Mintzberg (Cambridge, Unit 2) used with my Year 12 students.
Includes:
Starter task
PowerPoint
Card sort task (some cutting up involved)
Practice questions / worksheet
SWOT & PEST (A-level Business)
A-level Business Studies lesson (Cambridge) on SWOT analysis & PEST analysis used with my Year 13s. Includes:
PowerPoint (with learner activities)
Starter on corporate strategy and Chandler’s M-form
SWOT template & activity on Ford motor company
PEST template and questions
Previous lesson ‘Introduction to strategic management’: https://www.tes.com/teaching-resource/resource-12621935
More Business, Economics & Politics resources here: https://www.tes.com/teaching-resources/shop/smith_michael
R&D: new product development (A-level Business)
A-level Business Studies lesson (Cambridge) covering R&D (research and development) and new product development used with my Year 13s. Includes:
PowerPoint (with learner activities)
R&D mind map
Links to videos (R&D at Microsoft; TED Talk)
Links to relevant news articles (on UK govt funding for R&D)
Question worksheet
Essay homework question (with differentiated help grid)
The whole lot takes about 3 hours lesson time to complete.
Previous lesson on Elasticities: https://www.tes.com/teaching-resource/resource-12605612
More Business, Economics & Politics resources here: https://www.tes.com/teaching-resources/shop/smith_michael
IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 2)
For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403
For Unit 2 (Real-world issue 1): https://www.tes.com/teaching-resource/resource-12793808
Everything that you need to teach Real-world issue 2 of Unit 2: Microeconomics of IB DP Economics (Higher Level).
Includes:
240 slide PowerPoint (broken down into individual lessons covering everything in the syllabus)
Student activities and challenges throughout the presentations
Worksheets
Practice questions
Graph practice
Links to relevant videos and articles
Links to online quizzes
Topics covered include:
Perfect competition
Oligopoly & monopoly
Government intervention
Max and min prices
Taxes and subsidies
Externalities
Public goods
Also includes:
Economics reading diary (and recommended reading list)
Graph practice (for units 1 and 2)
Organisation structure (A-level Business)
A-level Business Studies lesson on Organisation Structure (Cambridge, Unit 2) used with my Year 13 students.
Includes:
Starter task
Powerpoint (with various learner tasks throughout)
Practice questions
Lesson covers hierarchical and matrix structures (advantages and disadvantages of), span of control, chain of command, delegation, and pros and cons of centralised and decentralised structures.
Part two on delayering here: https://www.tes.com/teaching-resource/resource-12592361
4-lesson bundle for teaching earlier chapter on Further Human Resource Management (Unit 2, Cambridge) here: https://www.tes.com/teaching-resource/resource-12582582
YED, PED, XED: A-level Economics worksheet
A-level YED, PED, XED Microeconomics worksheet (with answers)
Used with Year 12 for revision of Income Elasticity of Demand, Price Elasticity of Demand and Cross Elasticity of Demand.
Took my students a full hour to complete
Net present value (A-level Business)
For previous lessons see:
Payback period: https://www.tes.com/teaching-resource/resource-12796450
ARR: https://www.tes.com/teaching-resource/resource-12796575
Quick lesson on Net Present Value (NPV) used with my Year 13 Business students. Includes:
Starter quiz suggestion
Discounted payback (worked example and practice questions)
NPV (worked example and practice questions)
Answers
Finance topic revision videos playlist
Bundle
A-level Microeconomics bundle: Unit 3 (Edexcel) - Business Behaviour (11 lessons + worksheets)
Bundle of 11 microeconomics lessons covering chapters 1-7 (Types & Sizes of Business; Revenue, Costs & Profit) of Edexcel A-level Economics: student book 2 (Unit 3: Business Behaviour).
Each lesson includes a PowerPoint (plus worksheets/activities):
Lesson 1: Types of Business
Lesson 2: Size of Business
Lesson 3: Business objectives
Lesson 4: Revenue
Lesson 5: Costs
Lesson 6: Costs (part 2)
Lesson 7: Short-run cost curves
Lesson 8: Internal economies & diseconomies of scale
Lesson 9: External economies & diseconomies of scale
Lesson 10: Normal & supernormal profit
Lesson 11: Costs & revenue curves
Individual lessons (plus more Economics, Politics and Business Studies material) can be found here: https://www.tes.com/teaching-resources/shop/smith_michael
Revenue curves (A-level Economics)
A-level Microeconomics lesson (Edexcel) on Revenue & revenue curves.
Lesson covers total revenue, average revenue, marginal revenue, revenue curves and relationship between revenue and price elasticity.
PowerPoint
Starter task
Worksheet to fill in
Homework/class task (depending on length of lesson)
Took my Y13s about 1.5 hours to complete - but could be done in an hour (or stretched to 2)
Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Boston Matrix (A-level Business)
A-level Business Studies lesson (Cambridge) on Boston Matrix used with my Year 13s. Includes:
PowerPoint (with learner activities)
Starter on SWOT and PEST
Boston Matrix example
Boston Matrix student task
Strategic management glossary / worksheet
Previous lesson on SWOT & PEST: https://www.tes.com/teaching-resource/resource-12621941
More Business, Economics & Politics resources here: https://www.tes.com/teaching-resources/shop/smith_michael
Ansoff Matrix (A-level Business)
A-level Business Studies lesson (Cambridge) on the Ansoff Matrix used with my Year 13s. Includes:
PowerPoint (with learner activities)
Starter on strategic analysis techniques
Ansoff Matrix explained
Ansoff Matrix detailed example (Coca-Cola)
Ansoff Matrix student task (with template)
Strategic management glossary / worksheet
Previous lessons:
SWOT & PEST: https://www.tes.com/teaching-resource/resource-12621941
Boston Matrix: https://www.tes.com/teaching-resource/resource-12621952
Porter’s Five Forces: https://www.tes.com/teaching-resource/resource-12621959
More Business, Economics & Politics resources here: https://www.tes.com/teaching-resources/shop/smith_michael
Delayering & organisation structure (A-level Business)
Part 2 of my A-level Business Studies lessons on Organisation Structure (Cambridge, Unit 2) - used with my Year 13 students.
Includes:
Starter task
Powerpoint (with various learner tasks throughout)
Practice questions
Lesson covers delayering (advantages and disadvantages of), growing a business’ formal structure and informal organisation structures.
Part one of this lesson can be found here: https://www.tes.com/teaching-resource/resource-12590907
4-lesson bundle for teaching earlier chapter on Further Human Resource Management (Unit 2, Cambridge) here: https://www.tes.com/teaching-resource/resource-12582582
Theory X & Theory Y; emotional intelligence (AS-level Business)
1-hour AS-level Business Studies lesson on McGregor’s Theory X & Theory Y and Emotional Intelligence (Cambridge, Unit 2) used with my Year 12 students.
Includes:
Starter task
PowerPoint (with learning tasks)
Practice questions
Link to relevant 12-min video
Homework essay question
Previous lesson on leadership styles (autocratic, democratic etc) here: https://www.tes.com/teaching-resource/resource-12579237
Earlier lesson on Mintzberg here: https://www.tes.com/teaching-resource/resource-12579229
Bundle
Cambridge IGCSE Business Studies (Section 6): External influences on business activity (8 complete lessons)
Eight lessons covering Cambridge IGCSE Business Studies, Section 6
Each lesson is comfortably 1-hour long (what they don’t finish I set for homework) and includes a PowerPoint plus various activities and/or worksheets.
Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12494613
Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12494998
Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12495450
Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12499066
Lesson 5 can be found here: https://www.tes.com/teaching-resource/resource-12505357
Lesson 6 can be found here: https://www.tes.com/teaching-resource/resource-12507546
Lesson 7 can be found here: https://www.tes.com/teaching-resource/resource-12509139
Lesson 8 can be found here: https://www.tes.com/teaching-resource/resource-12516750
Maslow, Mayo & Taylor on motivation (AS-level Business)
1-hour AS-level Business Studies lesson on Motivation (Maslow, Mayo & Taylor) used with my Year 12 students (Cambridge, Unit 2).
Includes:
Starter task (on Goleman, McGregor, Mintzberg)
PowerPoint (with learning tasks)
Practice questions
Link to relevant 7-min Ted Talk
Previous lesson on Theory X & Theory Y and emotional intelligence is here: https://www.tes.com/teaching-resource/resource-12583931
Earlier lesson on leadership styles (autocratic, democratic etc) here: https://www.tes.com/teaching-resource/resource-12579237
Earlier lesson on Mintzberg here: https://www.tes.com/teaching-resource/resource-12579229
Government intervention in labour markets (A-level Economics)
A-level Microeconomics lesson (Edexcel) on Government intervention in labour markets (used with my Year 13s). Includes:
PowerPoint (with learner activities)
Starter task (on labour market failure)
Methods of government intervention explained (minimum wage; maximum wage; regulation) with diagrams
Video
Practice past paper questions and mind map activity
Ways to reduce geographic and occupational immobility of labour
Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Economics reading list
Reading diary (with links to recommended books, websites, blogs, podcasts and interviews) for A-level Economics students.
I update the Google doc each week with new material (so please comment with any recommendations that you have and I will add them in).
I ask my students to read/listen to at least three pieces a week.
Dividend yields (A-level Business)
Worksheet to help students understand dividend yields (used with my Y13 Business Studies students)
Introduction to an annual wealth tax (A-level Economics)
Quick lesson on the merits of an annual wealth tax used with my Year 12 and 13 Economics students.
-Students read the BBC article on a proposed wealth tax
-Try to fill in the table with some pros and cons (using their own knowledge)
-Then I put the Financial Times video on (20 mins; free on YouTube) and asked students to update their table accordingly
-Also resulted in a good discussion in my classes after viewing
I found this was a good way to help my students understand a real world issue that isn’t necessarily in the syllabus.
I did something similar with Universal Basic Income here: https://www.tes.com/teaching-resource/resource-12772087