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

Contents: Economics, YEAR 10 Term 2 Topics to cover. Week 1 • Nature of the economic problem to Week 10 The macroeconomic aims of government. Possible conflicts between macroeconomic aims

Contents: Economics, YEAR 10 Term 1 Topics to cover. Week 1 definition of the budget 4.3.2 reasons for government spending. reasons for taxation. classification of taxes to Week 9 Causes/types of unemployment. Consequences of unemployment. 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:

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: 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.

A whole lesson. This topic as stated, covers the whole of IGCSE Money content for June and November 2020 - 2022 and March 2020 - 2022 Syllabus. It is good for teaching and engaging students with questions and answers to help students’ excel in the IGCSE exams Lesson Objectives: At the end of the lesson, students should be able to: • describe the forms, functions and characteristics of money…

Price elasticity of demand (PED) ‘ppt’ * ’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; Define price elasticity of demand (PED) Calculate PED using the formula and interpret the significance of the result. Draw and interpret demand curve diagrams to show different PED. Determinants of PED - The key influences on whether demand is elastic or inelastic. PED and total spending on a product/revenue -The relationship between PED and total spending on a product/revenue, both in a diagram and as a calculation. Significance of PED - The implications for decision making by consumers, producers and government.

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).

Complete Lesson. Business and the international economy Globalisation and MNCs* ’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; Describe the concept and importance of globalization 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 hosting a MNC, e.g. jobs, exports, increased choice, investment • Potential drawbacks to a country and/or economy hosting a MNC, e.g. reduced sales of local businesses, repatriation of profits. ‘Class Activities 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.

Lesson Plan Topic: Costs, scale of production and break-even analysis - ‘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; Define, identify and classify costs and classify costs using examples. - Use cost data to help make simple cost-based decisions, - Describe the concepts of economies and diseconomies of scale: with examples. - Construct, complete or amend a simple break-even chart • Interpret a given chart and use it to analyse a situation • Calculate break-even output from given data • Define, calculate and interpret the margin of safety • Use break-even analysis to help make simple decisions, e.g. impact of higher price • Understand the limitations of break-even analysis. 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.

Lesson Plan Topic: Classification of businesses - ‘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; Classify Business activity in terms of primary, secondary and tertiary sectors: •• Basis of business classification, using examples to illustrate the classification •• Reasons for the changing importance of business classification, e.g. in developed and developing economies. Classify business enterprises between private sector and public sector in a mixed economy. 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.

Lesson Plan Topic: Private Limited Companies Lesson Plan ‘MS word doc.’ IGCSE Business Studies & 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; Identify a Private limited companies, its main features, advantages and disadvantages. •• Concepts of risk, ownership and limited liability •• Recommend and justify a Private limited companies to owners/management in a given situation. NB: Add your school’s name, and logo on top, you own name, date, and class year, term and week, etc.