Complete Lesson. Market Failure. Private & Social Costs & Benefits Public and Private Spending * ’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 failure and the key terms associated with market failure: public good, merit good, demerit good, social benefits, external benefits, private benefits, social costs, external costs, private costs. Causes of market failure - With respect to public goods, merit and demerit goods, external costs and external benefits, abuse of monopoly power and factor immobility. Examples of market failure with respect to these areas only. Consequences of market failure - The implications of misallocation of resources in respect of the over consumption of demerit goods and goods with external costs, and the under consumption of merit goods and goods with external benefits. Note: diagrams of demand and supply relating to market failure are not required.

Complete Lesson. Micro and Macroeconomics and The Role of Markets in Allocating Resources ’ppt’ IGCSE Economics. With this resource, 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 to excel. ‘Class Activities.’ ‘Questions with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Explain microeconomics, and macroeconomics, the difference between microeconomics and macroeconomics and the decision makers involved in each. The market system - How a market system works; including buyers, sellers, allocation of scarce resources, market equilibrium, and market disequilibrium. Key resources allocation decisions - Establishing that the economic problem creates three key questions about determining resource allocation - what to produce, how, and for whom. Introduction to the price mechanism - How the price mechanism provides answers to these key allocation questions.• ‘Class Activity – key words,’ ‘Multiple Choice Questions’ with ‘Answers.

Topic: Price Elasticity of Supply (PES) Lesson Plan IGCSE Economics- 'ppt’ doc. 'Use these materials to engage your students, and relax. You can consistently produce A*s, As, and Bs. User guidelines: Duplicate the file. Delete the answers to the activities in one file and share to students before or during the class. Project the file. Teach and / or discuss the content within 5 to 15 minutes of lesson time. Let students work on the activities provided. Watch and guide them individually or collectively as the needs arise, such that they understand and do the needful. Use the activities as you find fit. Project the answers. Let students exchange and mark their own scripts for short and direct responses questions. Mark the detailed responses yourself. Best regards. Lesson Objectives At the completion of the lesson, all students should be able to; Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES. Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government. Define price elasticity of supply (PES). Calculate PES using the formula and interpreting the significance of the result. Draw and interpret supply curve diagrams to show different PES. Determinants of PES - The key influences on whether supply is elastic or inelastic. Significance of PES - The implications for decision making by consumers, producers and government.

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.

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).

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.

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.

Contents: Economics 0455, YEAR 11 Term 2 Work Scheme. Term 2 Weeks 1-10. • Revision of areas of difficulties, practice of IGCSE past questions with answers. You Tube videos. Lively subject topic presentations from students and debates based IGCSE questions with the 5 - 8 marks and command words analyze and discuss.

Contents: Economics 0455, YEAR 11 Term 1 Work Scheme. Week 1 4.8.1 definition of inflation and deflation 4.8.2 measurement of inflation and deflation - Measurement of inflation and deflation using the Consumer Prices Index (CPI). to Week 12 6.4.3 consequences of current account deficit and surplus - Impact on GDP, employment, inflation and foreign exchange rate. 6.4.4 policies to achieve balance of payments stability -

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.

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 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, YEAR 11 Term 2 Topics to cover. Week 1 - 12 • Finish with any remaining part of the syllabus. • Intense revision of areas of difficulties, practice of IGCSE past questions with answers.

Contents: Economics, YEAR 11 Term 1 Topics to cover. Week 1 Definition of inflation and deflation. Measurement of inflation to Week 12 Consequences of current account deficit and surplus and policies to achieve balance of payments stability

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, 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 • Nature of the economic problem to Weeks 13 Mixed economic system

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.’

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…