** Employment and Unemployment Part 2** Economics Work Sheet IGCSE Economics 0455 syllabus for 2020, 2021 and 2022. This is a must have Work Sheet to help you create a student-centered learning environment and build their confidence as they work towards getting ready for the school and for the IGCSE Economic examinations. It is good for Teachers and Students’ alike. Use it for more than a lesson and record some of the tasks as Continuous assessments for students. Briefly teach the topic for between **5 and 10 minutes **and then engage students with this worksheet. Students can work alone or in groups, to find answers to the tasks. They can consult with their recommended text books. With this work sheet, you can enjoy a relatively easy and relaxed learning environment in your class room while your students do their work. Content: 4.7.4 causes/types of unemployment 4.7.5 consequences of unemployment 4.7.6 policies to reduce unemployment

Contents: Economics 0455, YEAR 10 Term 1 Work Scheme. Week 1 1.1.1 The nature of the economic problem: finite resources and unlimited wants. • define the factors of production (land, labour, capital, enterprise) Definition and examples of the economic problem in the contexts of: consumers; workers; producers; and governments. 1.1.2 The difference between economic goods and free goods. to Week 13 2.11.1 Definition of the mixed economic system 2.11.2 government intervention to address market failure - Definitions, drawing and interpretation of appropriate diagrams showing the effects of three government microeconomic policy measures:

Complete Lesson. Choice of Occupation Wage Determination and Wages and non-wages Factors * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Explain the factors affecting an individual’s choice of Occupation - Wage and non-wage factors. Wage determination - The influences of demand and supply, relative bargaining power and government policy, including minimum wage. Reasons for differences in earnings - How changes in demand and supply, relative bargaining strengths, discrimination and government policy can all influence differences in earnings between workers whether they are: skilled/unskilled; primary/secondary/tertiary; male/female; private sector/public sector. Define, draw and interpret diagrams that illustrate the effects of changes in demand and supply in the labour market. ‘Class Activities’ ‘Multiple Choice Questions with Answers.’

Contents: Economics 0455, YEAR 10 Term 2 Work Scheme Week 1 3.1.1 Money: the forms, functions and characteristics of money. 3.1.2 Banking The role and importance of central banks and commercial banks for government, producers and consumers. to Weeks 10 4.2.1 The macroeconomic aims of government - Economic growth, full employment/low unemployment, stable prices/low inflation, balance of payments stability, redistribution of income. Reasons behind the choice of aims and the criteria that governments set for each aim. 4.2.2 Possible conflicts, etc.

Contents: Economics, YEAR 10 Term 1 Topics to cover. Week 1 • Nature of the economic problem to Weeks 13 Mixed economic system

A whole lesson *Topic: * Demand ‘ppt’, IGCSE Economics syllabus. *.Engage your students, relax, and simply guide them as they work and learn. 'Class Activities.‘with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Define demand, draw and interpret appropriate diagrams.Draw a price and demand curve and use it to illustrate movements along a demand curve with appropriate terminology, for example extensions and contractions in demand.Individual and market demand - The link between individual and market demand in terms of aggregation.Conditions of demand - The causes of shifts in a demand curve with appropriate terminology, for example increase and decrease in demand.Class ‘Activity’ with Abswes.

A whole lesson in keeping with the current IGCSE syllabus. It covers fully the Supply - IGCSE Economics. You will be able to engage your students, relax and simply guide them as they work. Lesson Objectives: At the end of the lesson, students should be able to: 2.4.1 define supply, draw and** interpret** appropriate diagrams.2.4.2 draw a price and supply curve and use it to illustrate movements along a supply curve with appropriate terminology, for example extensions and contractions in supply.2.4.3 individual and market supply - The link between individual and market supply in terms of aggregation. 2.4.4 conditions of supply - The causes of shifts in a supply curve withappropriate terminology, for example increase anddecrease in supply. • Do the ‘Activity’ provided at the end of the presentation.

Complete Lesson. Price Determination * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Define market equilibrium, draw and interpret demand and supply schedules and curves used to establish equilibrium price and sales in a market. Define market disequilibrium - draw and interpret demand and supply schedules and curves used to identify disequilibrium prices and shortages (demand exceeding supply) and surpluses (supply exceeding demand).

Contents: Week 1 4.3.1 definition of the budget 4.3.2 reasons for government spending. The main areas of government spending and the reasons for and effects of spending in these areas. 4.3.3 reasons for taxation, etc. to Week 6 4.6.1 - Definition of economic growth 4.6.2 measurement of economic growth - Real Gross Domestic Product (GDP) and how it can be used to measure economic growth. GDP per head (capita). 4.6.3 causes and consequences of recession - Meaning of recession and how a recession moves the economy within its PPC.

Money and Banking and Stock Exchange ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities. Keyword(s) search. Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Define, identify and explain money - The forms, functions and characteristics of money. Banking - The role and importance of central banks and commercial banks for government, producers and consumers. Stock Exchange - The functions, role in an economy and types of stocks. Class Activities & Multiple Choice Questions with Answers.

Complete Lesson. Firms, Demand for Factors of Production, Productivity and production * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Identify and explain what Influences demand for factors of production - include demand for the product, the price of different factors of production, their availability and their productivity.Identify and explain Labour-intensive and capital-intensive production - The reasons for adopting the different forms of production and their advantages and disadvantages.Production and productivity - The difference between, and influences on, production and productivity.• ‘Class Activities’ ‘Multiple Choice Questions’ with Answers.

Complete Lesson. Classifying firms Small firms Growth of Firms Mergers Economies of Scale * ’ppt’ IGCSE Economics & Business Studies. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. 'Class Activities. ‘Keywords Study’ ’ with Answers. Lesson Objectives; At the completion of the lesson, the students should be able to; Classify firms - In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. (NB: detailed knowledge of different types of structure of a firm is not required.) Identify and describe small firms - their advantages and disadvantages, the challenges facing small firms and reasons for their existence. Causes and forms of the growth of firms - Internal growth, for example increased market share. External growth, for example mergers. Mergers - Examples, advantages and disadvantages of different types of mergers: horizontal, vertical, and conglomerate. How internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes Class Activities, ‘Keywords Study’ ‘Multiple Choice Questions’ with Answers.

LESSON PLAN Inflation and deflation - IGCSE Economics. LESSON OBJECTIVE: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to: 4.8.1 define inflation and deflation - 4.8.2 - Measure inflation and deflation using the Consumer Prices Index (CPI). 4.8.3 Identify and explain the causes of inflation and deflation - Causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side. 4.8.4 Consequences of inflation and deflation - The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole. 4.8.5 Policies to control inflation and deflation. The range of policies available to control inflation and deflation and how effective they might be. NB: You can add your school logo and name on top or rejig it for more than a lesson period or as you require.

Complete Lesson. **Topic: ** Economic issues; Business cycle, Government control, Effects and Business response. ‘ppt’, ** IGCSE Bus Studies & Economics syllabus. *Engage your students, relax, and simply guide them as they work and learn. 'Class Activities with Answers.' Lesson Objectives; At the completion of the lesson, the students should be able to; Identify and explain the Business cycle: • Main stages of the business cycle, e.g. growth, boom, recession, slump.• Impact on businesses of changes in employment levels, inflation and Gross Domestic Product (GDP)How government control over the economy affects business activity and how businesses may respond. • Identify government economic objectives, e.g. increasing Gross Domestic Product (GDP) • Impact of changes in taxes and government spending. • Impact of changes in interest rates • How businesses might respond to these changes‘Class Activtiy with Answers’

Price Changes * ’ppt’ IGCSE Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the end of the lesson, the students should be able to; Identify and explain causes of price changes - Changing market conditions as causes of price changes. Identify and explain consequences of price changes - Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales. • ‘Class Activities’ Solutions at the end of the presentation.

Complete Lesson. *Topic:*Firms Costs Revenue Economies and Disecomies of Scale and Breal Even Analysis pptx IGCSE Economics and Business Studies syllabus. *.Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ ‘Keywords Study’ ‘Multiple Choice Questions with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Define costs of production -Total cost (TC), average total cost (ATC), fixed cost (FC), variable cost (VC), average fixed cost (AFC), average variable cost (AVC). Note: marginal cost not required. Calculate the costs of production -Calculation of TC, ATC, FC, VC, AFC and AVC. Definition, drawing and interpretation of diagrams that show how changes in output affect costs of production. Define revenue - Total revenue (TR) and average revenue (AR). Note: marginal revenue is not required. Calculate revenue - Calculate TR and AR. The influence of sales on revenue. Objectives of firms - Survival, social welfare, profit maximisation and growth.

Lesson Plan Topic: Business and the international economy- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; The importance of Globalisation: •• The concept of Globalisation and the reasons for it. •• Opportunities and threats of Globalisation for businesses. •• Why governments might introduce import tariffs and import quotas. Reasons for the importance and growth of multinational companies (MNCs): •• Benefits to a business of becoming a multinational and the impact on its stakeholders. •• Potential benefits to a country and/or economy where a MNC is located, e.g. jobs, exports, increased choice, investment •• Potential drawbacks to a country and/or economy where a MNC is located, e.g. reduced sales of local businesses, repatriation of profits The impact of exchange rate changes: •• Depreciation and appreciation of an exchange Rate •• How exchange rate changes can affect businesses as importers and exporters of products, e.g. prices, competitiveness, profitability (exchange rate calculations will not be assessed) NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson by adjusting up the objectives, Plenary and lesson starter etc.