Econ teacher with 10+ years full time experience in the subject. Everything is up to date, matches the syllabus and includes full exercises with answers.
Econ teacher with 10+ years full time experience in the subject. Everything is up to date, matches the syllabus and includes full exercises with answers.
As an experienced economics teacher with over a decade of expertise, I’ve created this comprehensive resource on Income Elasticity of Demand (YED) and Cross Elasticity of Demand (XED), designed to provide students with a thorough understanding of these essential elasticity concepts. Packed with practical applications and engaging exercises, this resource is ideal for both new and seasoned teachers.
What’s included:
Understanding YED (Income Elasticity of Demand):
Clear explanation of what YED measures and why it is significant in economics.
Detailed exploration of the equation and how to interpret its values (e.g., positive/negative, elastic/inelastic).
Real-world applications: analyzing how income changes affect the demand for normal, inferior, and luxury goods.
Understanding XED (Cross Elasticity of Demand):
Explanation of XED and its importance in analyzing relationships between goods.
Detailed breakdown of the equation and interpretation of values (e.g., substitutes, complements, and unrelated goods).
Real-world applications: examining market strategies for complementary and substitute goods.
Engaging exercises:
Practical tasks to reinforce understanding of YED and XED calculations.
Real-world scenario analysis to apply elasticity concepts effectively.
Exam-style questions with answers:
Providing students with tools to practice and master YED and XED topics.
Key Features:
Comprehensive and syllabus-aligned content: Covering every detail of YED and XED with precision.
Real-world applications: Connecting elasticity theory to real-life business and economic scenarios.
Clear equations and visuals: Making calculations and interpretations accessible and straightforward.
Exam-focused preparation: Equipping students with the skills to excel in assessments.
Plug-and-play design: Fully prepared lessons to save you time and ensure effective teaching.
This resource equips students with a deep understanding of YED and XED, from their calculations to their real-world applications. Accurate, engaging, and highly practical—this is a must-have for any economics teacher looking to deliver exceptional lessons!
As an experienced economics teacher with over 10 years of expertise, I’ve developed this comprehensive resource on Price Elasticity of Demand (PED) to help students fully understand this critical concept. With clear explanations, advanced calculations, and practical exercises, this resource is perfect for both new and experienced teachers.
What’s included:
Definition of PED:
A clear explanation of what PED measures and why it matters in economics.
Calculation of PED:
Step-by-step guidance on calculating PED using the formula.
Worked examples to demonstrate how to apply the formula in different scenarios.
Determinants of PED:
Analysis of key factors influencing PED, including availability of substitutes, necessity, proportion of income, and time horizon.
Revenue effects of PED:
Exploring how changes in price affect total revenue depending on PED values (elastic, inelastic, and unitary elasticity).
Significance of PED:
Understanding the importance of PED in business decision-making, government policy, and market analysis.
Changes in PED:
Examination of how and why PED changes over time and across different markets.
Key Features:
Engaging exercises:
Activities designed to reinforce understanding of PED concepts and calculations, with complete answers provided.
Real-world applications:
Connecting PED theory to practical examples, such as pricing strategies and tax policies.
Advanced visuals and graphs:
Clear illustrations of PED curves and their impact on revenue and market outcomes.
Exam-style questions with model answers:
Preparing students to tackle PED-related questions with confidence and accuracy.
Plug-and-play design:
Fully prepared lessons to save you time and ensure impactful teaching.
This resource equips students with a comprehensive understanding of PED, from its determinants to its significance in real-world scenarios. Accurate, engaging, and exam-focused—this is a must-have tool for economics teachers looking to deliver exceptional lessons!
As an experienced economics teacher with over a decade of classroom expertise, I’ve created this comprehensive resource on Maximum and Minimum Prices and the Price Mechanism, designed to provide students with a thorough understanding of these critical market concepts. With advanced graphs, detailed explanations, and exam-style questions with model answers, this resource is perfect for both new and experienced teachers.
What’s included:
Maximum and Minimum Prices:
Detailed analysis of price controls, including the reasoning behind them and their implications for markets.
Advanced graphs showing the impact of maximum prices (e.g., price ceilings) and minimum prices (e.g., price floors).
Exploration of movements in supply and demand as a result of price controls, with clear explanations.
The Price Mechanism:
Comprehensive breakdown of how the price mechanism allocates resources efficiently in competitive markets.
Discussion of concepts like rationing, signaling, and incentives, with relatable real-world examples.
Exam-style question with model answer:
A high-quality question designed to test understanding of maximum and minimum prices and the price mechanism.
Detailed model answer to guide students on how to structure and excel in their responses.
Key Features:
Comprehensive and syllabus-aligned content: Ensuring precision and clarity in every topic.
Advanced graphs and explanations: Making complex concepts accessible and easy to understand.
Exam-focused preparation: Providing students with the tools and confidence to excel in assessments.
Real-world applications: Connecting theory to practical examples, such as rent controls and minimum wage laws.
Plug-and-play design: Fully prepared lessons that save you time and ensure effective teaching.
This resource is ideal for teachers who want to provide students with a deep understanding of maximum and minimum prices, the price mechanism, and their implications for markets. Accurate, engaging, and exam-focused—this is a must-have tool for delivering impactful lessons!
As an experienced economics teacher with a decade of expertise, I’ve developed this 3-lesson resource on Growth and Survival of Firms, covering all the essential and advanced topics needed for a thorough understanding of firm dynamics. This resource is perfect for new and seasoned teachers, offering plug-and-play lessons that save time and engage students.
What’s included:
Growth and survival of firms: Detailed analysis of why firms grow and why some remain small.
Reasons for different sizes of firms: Examining key factors influencing firm size.
Internal growth: Comprehensive explanations of organic growth and diversification.
External growth: Clear breakdown of integration methods:
Horizontal integration
Vertical integration (forwards and backwards)
Conglomerate integration
Reasons for integration: Covering motives and benefits for merging or taking over.
Consequences of integration: Exploring the impacts on firms, markets, and consumers.
Cartels:
Conditions for an effective cartel
Consequences of cartel behavior on markets and consumers.
Principal–agent problem: Explaining how differing objectives of shareholders/owners and managers can create challenges within firms.
Key Features:
Exam-style questions: Thoughtfully designed to challenge students, with detailed model answers to prepare them for success.
Accurate and syllabus-aligned content: Ensures students are well-prepared for exams.
Engaging exercises and activities: Designed to reinforce understanding, with complete answers provided.
Advanced insights: Includes real-world applications to make concepts relatable.
Plug-and-play design: Fully prepared lessons to save you hours of planning.
This resource provides a complete understanding of the growth and survival of firms, from integration methods to the principal-agent problem. It’s comprehensive, engaging, and ready to elevate your economics teaching!
Drawing on 10 years of teaching experience, I’ve developed this comprehensive Oligopoly resource, designed to provide a deep and accurate understanding of this complex market structure. With four fully comprehensive lessons, this resource covers everything you need to teach oligopoly with confidence and precision. Perfect for new and seasoned teachers alike, it’s a plug-and-play solution to save you time and elevate your classroom experience.
What’s included:
Detailed explanations of oligopoly: Covering market characteristics, strategies, and behaviors.
Advanced graphs: Including the kinked demand curve, with movements and cost changes fully explained.
Non-price competition: In-depth exploration of branding, advertising, loyalty schemes, and other strategies.
Game theory: Featuring a payoff matrix (Prisoner’s Dilemma) and its implications for firms deciding to collude or compete.
To collude or not: Examining cartel behavior and incentives, with real-world examples.
Engaging exercises: Activities to reinforce learning, with full answers provided for easy teaching.
Exam-style questions: High-quality, CIE-aligned questions with detailed model answers to prepare students for top marks.
Key Features:
Comprehensive and accurate content: Fully aligned with the syllabus to ensure reliability and precision.
Visual and interactive tools: Advanced graphs, game theory models, and payoff matrices to enhance understanding.
Plug-and-play design: Ready-to-use lessons that save hours of preparation.
Complete teaching toolkit: Covers all theoretical and practical aspects of oligopoly, from non-price competition to game theory.
This resource simplifies the teaching of oligopoly while providing everything your students need to master this topic. It’s detailed, engaging, and tailored to help them excel in exams. Ready to use and packed with value, it’s the perfect addition to your teaching toolkit!
As an experienced economics teacher with over a decade of classroom expertise, I’ve created this comprehensive resource on Free Trade and Customs Unions, designed to deepen students’ understanding through clear explanations, engaging exercises, and real-world examples. This resource is ideal for both new and experienced teachers, offering ready-to-use, impactful lessons.
What’s included:
Free Trade:
Definition and explanation of free trade, including its benefits and challenges.
Exploration of the key principles driving international trade and globalization.
Customs Unions:
Clear explanation of customs unions, how they function, and their role in trade agreements.
Discussion of the differences between customs unions, free trade areas, and other trade agreements.
Economic implications:
Analysis of the benefits and drawbacks of free trade and customs unions for member and non-member countries.
Real-world examples:
Case studies of prominent customs unions like the European Union and the African Continental Free Trade Area.
Discussion of current global trade dynamics and their impact on development.
Engaging exercises:
Thought-provoking tasks to reinforce understanding and encourage application of key concepts.
Questions designed to promote critical thinking about the role of trade in economic development.
As an experienced economics teacher with over 10 years of classroom expertise, I’ve created this comprehensive resource on Money: Characteristics and Functions, designed to equip students with a clear understanding of this fundamental economic concept. Packed with exam-style questions, answers, and engaging exercises, this resource is ideal for both new and experienced teachers.
What’s included:
Characteristics of Money:
Exploring the essential qualities that make money effective, such as durability, divisibility, portability, and acceptability.
Functions of Money:
Detailed explanation of its primary functions: medium of exchange, store of value, unit of account, and standard of deferred payment.
Real-world applications:
Examples of how money operates in modern economies, including discussions on digital currencies and inflation impacts.
Engaging exercises:
Thought-provoking tasks to reinforce understanding of the characteristics and functions of money, with complete answers provided.
Exam-style questions:
High-quality questions modeled on syllabus standards, with detailed answers to prepare students for success.
Key Features:
Comprehensive and accurate content: Fully aligned with the syllabus for precise and reliable teaching.
Exam-focused practice: Providing students with the tools to excel in assessments.
Real-world connections: Relating theoretical concepts to practical examples to enhance understanding.
Plug-and-play design: Fully prepared lessons that save time and ensure engaging delivery.
This resource is perfect for teachers looking to provide a thorough understanding of the characteristics and functions of money, while equipping students with the skills to excel in exams. Accurate, engaging, and ready to use—this is an essential tool for any economics teacher!
With ten years of teaching experience, I’ve developed this detailed lessons on externalities, tailored for A-Level economics students. It is completely plug and play. This lesson dives deep into the analysis of positive and negative externalities, focusing on the critical relationship between MSB = MSC. It includes extensive graphs, model questions and answers, and practical exercises to ensure thorough understanding.
Key topics covered:
In-depth analysis of positive and negative externalities
Graphical explanation of MSB = MSC
Real-world examples of externalities in production and consumption
Exercises and model answers for student practice
This lesson is designed to provide a comprehensive understanding of externalities, using detailed graphs and practice questions to support learning.
With over ten years of teaching experience, I’ve developed this plug-and-play lesson bundle for A-Level economics, covering key market failures in a simple, organized format. This bundle of around three lessons makes it easy for teachers of any skill level to dive into important topics like missing markets, asymmetric knowledge, monopolies, and more. Each lesson is fully prepared, with model questions and answers, exercises, and real-world examples.
Key topics covered:
Missing markets: Why some goods and services are underprovided
Asymmetric knowledge: How information gaps lead to inefficiencies
Lack of competition: The causes and consequences
Inflated pricing in monopolies: Graphical analysis and case studies
Labour market failures: Unemployment, wage rigidity, and skill mismatches
Each lesson includes clear explanations, detailed diagrams, and ready-made exercises, making it easy to adapt to any classroom. Whether you’re teaching these topics for the first time or refreshing your materials, this bundle ensures smooth, effective lessons with minimal prep time.
With ten years of teaching experience, I’ve created this engaging lesson plan on Efficient Resource Allocation, designed for the first class after students return from their holidays. This is the first lesson for A-Level economics, covering essential concepts through videos, exam questions, case studies, model answers, and clear diagrams.
Key topics covered:
Productive and allocative efficiency
Pareto optimality
Dynamic efficiency
Cost diagrams and PPC (Production Possibility Curve) diagrams
This lesson plan provides everything you need to start the term, with interactive elements and model answers to help students understand economic efficiency from the very beginning of the course.
These lessons on Trade Unions represent over ten year experience teaching Economics full-time. They include beautiful pictures, graphs, videos, real life scenarios, aswell as lots of exercises and exam questions. They are the complete plug and play package.
The format for these slides is:
Types of unions + current state of membership
What trade unions do + discussion + scenario
Teachers pay video + debate questions
Mindmap on what makes a union strong/ weak
Arbitration + roleplay exercise
Trade union in Korea video + question
Exam questions + answers
These slides on Spending, saving and borrowing represent over ten years experience teaching Economics. They include, beautiful pictures, clear graphs, recent country data, lots of exercises and finally, real exam questions and answers
The structure of these lessons is as follows:
What determines how much we spend + basic idea of MPC + country comparison
Mindmap/discussion on why spending patterns differ
Why we overspend video + exercise
Changing patterns in spending over 30 years
Influences on savings
Exam questions + answers
These lessons on Firms and Production represent over ten year experience teaching Economics full-time. They include beautiful pictures and graphs, videos and real life scenarios, aswell as lots of exercises and exam questions. The are the complete plug and play package.
The format of these slides is as follows:
Labour-intensive vs Capital-intensive production +video +exercise
Production vs Productivity & calculation exercises
Fixed vs Variable costs + Exercise
4 mark Exam question + Answer
Perfect competition + monopolies + video + exercise
Exam question + answer
These slides are incredibly comprehensive and represent over 10 years experience teaching Economics. They have beautiful imagery, modern videos, great group tasks as well as real exam questions and answers.
the format is as follows:
Externalities (negative/positive/consumption/production + exercises)
Missing markets + free rider problem + overcoming it exercise
Asymmetric Knowledge + group exercise on how to fix + examples through video
Lack of competition
Inflated pricing (monopolies) ( diamond video in Africa - exercises on how they work + OPEC)
Labour Market failure (questions + answers)
Exam question on market failure + answer
These PES slides are a culmination of over ten years experience teaching Economics. They include beautiful pictures, detailed graphs, group exercises, exam questions and answers. They are completely plug and play.
The format is:
Equation + graph reading + calculation exercises
group discussion about a factory
Group exercises
Math calculations + answers
Liverpool stadium video + questions and answers
Real exam question + answer
This is a culmination of 10+ years of teaching Economics full time. The slides include beautiful pictures, detailed graphs, group exercises and exam questions with answers. They are completely plug and play.
The format includes:
Definitions and formula
The five stages on a graph and an explanation of each
Calculations and exercises with different products
Practice problems
Exam question + answers
These slides are the culmination of my ten years experience teaching Economics. They contain beautiful images, modern videos , discussion and written exercises aswell as providing answers. They are completely plug and play for new and old teachers alike.
the order is as follows:
Define/explain/ understand how a market economic system works (+video & questions & answers)
Define/explain/understand how a mixed economic system works (+video & questions & answers)
Define/explain/understand how a command economy works (+video & questions & answers)
8 mark exam question (with guidance and answers on next slide)
This is a very well designed beautiful set of lessons with royalty free pictures, great exercises and detailed information. This lesson covers:
Objectives
What the budget is/ how do define it
Budget deficit/surplus explanations
Task about budget deficits in home country/ reasons for it
Discussion on why deficits are a problem
Exercise on raising fund in Africa
Progressive, regressive and proportional tax videos/exercises/answers
Overall this will facilitate an excellent understanding of the subject in a fun way. All answers are already embedded in the slides to make life easier for everyone.
This is a beautifully designed set of classes with royalty free pictures and material designed for the syllabus. I have ten years experience and leave no stone unturned with interesting short videos, exercises, designs and answers. This presentation is fully modifiable and the topics covered here are:
Objectives
Definition of employment, unemployment and full employment
Changing patterns and level of employment - excercise and answers
Measurement of unemployment using calculation exercises
Causes/types of unemployment with discussion task
Consequences of unemployment - Australian case study video and discussion
Policies to reduce unemployment exercise
This lessons is specifically on Supply side policy. I have a decade of experience teaching Economics and wish to bring that experience to you. These beautiful slides are hassle-free with included exercises and answers.
These specific slides include:-
Beautiful royalty free pictures and graphs designed by my hand
Learning objectives
Classroom exercises that involve internet search
Solid information breaking down supply side policies in a simple form
Limitations of supply side policies
Case study exercise video with supply side study related to the UK
Answers are also on the slide