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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)

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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)
Cost & revenue curves (A-level Economics)
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Cost & revenue curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on cost & revenue curves. Includes: PowerPoint (with student tasks) Starter task Practice questions Case study examples (explains to students how firms such as Tesla, Spotify, Ryanair and more are able to sustain losses) Essay question (with planner sheet) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Normal & supernormal profit (A-level Economics)
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Normal & supernormal profit (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on normal & supernormal profit Includes: PowerPoint (with student tasks) Starter task Worksheet (A-level graph practice) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Short-run cost curves (A-level Economics)
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Short-run cost curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on short-run cost curves Lesson covers: short-run cost schedules and teaches students to graph average cost, average variable cost and marginal cost curves. PowerPoint (with student tasks throughout) Starter task Worksheet (with questions and tables to fill in) Homework questions Previous lesson on costs and imputed costs is here: https://www.tes.com/teaching-resource/resource-12587040 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Specialisation & Division of labour (AS-level Economics)
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Specialisation & Division of labour (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering specialisation & division of labour Full 1-hour lesson includes: PowerPoint Activities Worksheet / group activity Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12528586 Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12528605 Lesson 5 can be found here: https://www.tes.com/teaching-resource/resource-12528624 Bundle here: https://www.tes.com/teaching-resource/resource-12528890 P.S. I used dcp20’s excellent Economic Indicators Top Trumps as a template for the specialisation sheet. It can be found here: https://www.tes.com/teaching-resource/economic-indicators-top-trumps-6146807
Opportunity cost (AS-level Economics)
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Opportunity cost (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering: Choice Opportunity cost Economic & free goods Full 1-hour lesson includes: PowerPoint Activities Worksheet Homework task Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Maximum & minimum prices (plus AS-level Microeconomics diagram revision)
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Maximum & minimum prices (plus AS-level Microeconomics diagram revision)

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AS Microeconomics graph practice / revision - show students the various news article headlines and then challenge them to draw the corresponding diagram. Students need previous knowledge of all microeconomic diagrams (except maximum and minimum prices - which are covered in the final slides). 15-lesson bundle covering the first 10 chapters of Edexcel Student Book 1 (introductory concepts, consumer behaviour and demand and supply) can be found here: https://www.tes.com/teaching-resource/as-level-microeconomics-bundle-edexcel-chapters-1-10-15-lessons-worksheets-12602164
Circular flow of income (AS-level Economics)
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Circular flow of income (AS-level Economics)

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AS-level Macroeconomics lesson on circular flow of income (suitable for AS-level and IB Economics). Includes: PowerPoint (with learner activities) Step-by-step student help for drawing the circular flow of income diagram Recap of Production Possibilities Curves Explanation of leakages and injections Critical thinking student activities on how circular flow might change Link to Keynes documentary and accompanying worksheet Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Direct & Indirect tax: A-level Economics worksheet
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Direct & Indirect tax: A-level Economics worksheet

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Direct and indirect tax worksheet for Y13 Macroeconomics - used to see how well students had understood the topics of tax and public spending (Chapters 34 & 35 in Edexcel Economics Student Book 2). Students are required to: Define direct & indirect taxes Graphically illustrate the effect of progressive & regressive taxes Discuss implications of cutting public spending during challenging economic times Select - and justify - a set of tax rises that the Chancellor of the Exchequer Rishi Sunak could make to pay for the COVID-19 pandemic
Market equilibrium (AS-level Economics)
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Market equilibrium (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering market equlibrium, used with my Year 12 students. Includes: PowerPoint (with learner activities) Question sheet Past paper practice questions (with mark scheme) 7-lesson bundle covering chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Functions of money (AS-level Economics)
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Functions of money (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering the functions of money and role of financial markets. Full 1-hour lesson includes: PowerPoint Quick quiz on key concepts so far Worksheet (challenging students to research whether Bitcoin satisifies the functions of money) Role of financial markets (video and mind map) Practice 4-mark question (with mark scheme) Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12528586 Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12528605 Lesson 5 can be found here: https://www.tes.com/teaching-resource/resource-12528624 Lesson 6 can be found here: https://www.tes.com/teaching-resource/resource-12528791 Bundle here: https://www.tes.com/teaching-resource/resource-12528890 P.S. I adapted the worksheet from a site called econedlink. The original can be found here: https://econedlink.org/wp-content/uploads/2019/04/Money-Checklist.pdf
Introduction to Microeconomics (AS-level)
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Introduction to Microeconomics (AS-level)

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Introduction to AS Microeconomics (Edexcel) Full 1-hour lesson includes: PowerPoint Critical thinking questions / worksheet Reading diary Homework task Chapter bundle (8 lessons and worksheets) here: https://www.tes.com/teaching-resource/resource-12528890
Supply of labour (A-level Economics)
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Supply of labour (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on supply of labour used with my Y13 students. Includes: PowerPoint (with learner activities) Starter (on oligopolies) Explanations of factors affecting supply of labour (net migration, government regulation, trade unions etc) Essay question / case study Essay planning template Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Market failure (AS-level Economics)
smith_michaelsmith_michael

Market failure (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering market failure, used with my Year 12 students. Includes: PowerPoint (with explanations and learner activities) 3 short past paper questions (with answers) Link to relevant video Article about moral hazard in banking 15-lesson bundle covering the first 10 chapters of Edexcel Economics Student Book 1 (introductory concepts, consumer behaviour and demand and supply) can be found here: https://www.tes.com/teaching-resource/as-level-microeconomics-bundle-edexcel-chapters-1-10-15-lessons-worksheets-12602164
Exchange rates: IGCSE Business
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Exchange rates: IGCSE Business

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Lesson 8 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - Exchange rates. PowerPoint introduces exchange rates and explains how changing money from one currency to another works (using holidays abroad as an example). Students are then shown how appreciating or depreciating exchange rates affect the cost of raw materials for businesses. Also attached is a worksheet - in which students must fill in the key terms, research exchange rates (explaining why they are important for a business), and then say why other factors (other than exchange rates) might be more important for business success. 8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Costs & diminishing returns (A-level Economics)
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Costs & diminishing returns (A-level Economics)

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2-hour A-level Microeconomics lesson (Edexcel) on Costs Lesson covers: the short run; the long run; law of diminishing returns; total, average & marginal product; returns to scale PowerPoint (with student tasks throughout) Starter task 5-page worksheet Previous lesson on revenue & revenue curves here: https://www.tes.com/teaching-resource/resource-12580294 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Business objectives (A-level Economics)
smith_michaelsmith_michael

Business objectives (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Business objectives. Lesson covers profit maximisation, revenue maximisation, sales volume maximisation, divorce of ownership from control. PowerPoint Starter task on business size Worksheet to fill in Homework/class task (depending on length of lesson) Took my Y13s about 2 hours to complete all told. Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 1)
smith_michaelsmith_michael

IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 1)

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For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403 For standard level resource see: https://www.tes.com/teaching-resource/-12684013 Everything that you need to teach Real-world issue 1 of Unit 2: Microeconomics of IB DP Economics (Higher Level). Includes: 130 slide PowerPoint (broken down into individual lessons covering everything in the syllabus for teaching Real-world issue 1 - Higher Level) Student activities and challenges throughout the presentations Worksheets Practice questions Graph practice Links to relevant videos and other external resources Links to bespoke quizzes Topics covered include: Demand The demand curve (movements & shifts) Supply The supply curve (movements & shifts) Market equilibrium Functions of the price mechanism Consumers, producer & community surplus Allocative efficiency Price elasticity of demand Behavioural economics Business objectives
Microeconomics quizzes (Quizizz)
smith_michaelsmith_michael

Microeconomics quizzes (Quizizz)

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Links to the microeconomics quizzes that I make on Quizizz. Students play on their own laptops and compete against one another. This is a live document: every time I create a new quiz, I will add it to the list.
20-mark essay mind maps (AS-level Economics)
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20-mark essay mind maps (AS-level Economics)

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Used this at the end of the Microeconomics course to help Year 12s plan their exam essays (Edexcel). Challenges students to make mind maps for a variety of past paper 20 mark essay questions (Unit 1, Edexcel). Eight past paper questions to do overall.