Prepared for Economics IGCSE. At the end of the lesson, students should be able to:Describe specialisation at a national level - The basis for specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods. Identify and evaluate the advantages and disadvantages of specialisation at a national level - For consumers, firms and the economy. Class Activities with Answers.

This resource is made for Business Studies and Economics IGCSE At the end of the lesson, Students should be able to: Characteristics of successful entrepreneurs • Contents of a business plan and how business plans assist entrepreneurs • Why and how governments support business start-ups, e.g. grants, training. Do the Class Activity and Case Study Questions with Answers at the end of the presentation.

This Resource is made IGCSE Economics. At the end of the lesson, 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. ‘Class Activities.’

At the end of the lesson, students should be able to: D efine price elasticity of demand ( C alculate PED using the formula and interpret the significance of the result. Draw and interpret demand curve diagrams to show different PED. Determinants of PED (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 S ignificance of PED (implications) for decision making by consumers , producers and government . Class Activities.’

At the end of the lesson, students should be able to: Define absolute and relative poverty The difference between the two terms. The causes of poverty The causes of poverty including unemployment, low wages, illness and age. Policies to alleviate poverty and redistribute income Identify and evaluate differences in economic development between countries. Causes and impacts of differences in income; productivity; population growth; size of primary, secondary and tertiary sectors; saving and investment; education; and healthcare. ‘Class Activity’ ‘Multiple Choice Questions’ with Answers

Identify and explain the monetary policy measures changes in interest rates, money supply and foreign exchange rates. I dentify and explain the effects of monetary policy How monetary policy measures may enable the government to achieve its macroeconomic aims. D efine supply side policy I dentify and explain supply side policy measures Examples include education and training, labour market reforms, lower direct taxes, deregulation, improving incentives to work and invest, and privatisation. I dentify and explain the effects of supply side policy measures How supply side policy measures may enable the government to achieve its macroeconomic aims. ‘Class Activities’ with Answers.’

At the end of the lesson, students should be able to: Define inflation and deflation. - Measure inflation and deflation using the Retail Prices Index (RPI). Explain - causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side. Consequences of inflation and deflation - for consumers, workers, savers, lenders, firms and the economy as a whole. Range of policies to control inflation and deflation and how effective they might be. ‘Class Activities’ & ‘Multiple Choice Questions’ with Answers

At the end of the lesson, students should be able to: Define opportunity cost and give examples of opportunity cost in different contexts. explain the influence of opportunity cost on decision making by consumers, workers, producers and governments when allocating their resources. Define the Production possibility curve diagrams (PPC), draw and interpret appropriate diagrams. Points under, on and beyond a PPC describe the significance of the location of production points. Describe movements along a PPC and opportunity cost. Shifts in a PPC - The causes and consequences of shifts in a PPC in terms of an economy’s growth. Class Activities. ‘Multiple Choice Questions’ with ‘Answers.’

Prepared for IGCSE KS4 Economic. At the end of the lesson, students should be able to: D efine the mixed economic system. Describe government intervention to address market failure Definitions, drawing and interpretation of appropriate diagrams showing the effects of three government microeconomic policy measures : maximum and minimum prices in product, labour and foreign exchange markets; indirect taxation ; and subsidies . Definitions only of; government microeconomic policy measures: regulation; privatisation

At the end of the lesson, 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. ‘Class Activities’ and ‘Multiple Choice Questions’ with Answers.’

This resource explains Fiscal Policy and Government Spending . It explains government expenditure, planning and budgeting, It explains government revenue and taxation. It shows different forms of taxation, importance of taxation . It is prepared for Economics and Business Studies, GCSE. Contains interactive questions and activities.

This resource explains money and importance of money.It shows types of money, qualities of money and characteristics of money. It explains baking and types of banks, and the role of central bank in the economy.Prepared for IGCSE Economics.Contains illustrations and questions / activities.

This resource explains Poverty. it explains abject, relative and absolute poverty. It explains what causes poverty and how government can reduce poverty. Contains activities. Contains lesson plan on the topic.

At the end of the lesson, students should be able to: Explain Cash-flow forecasting and working capital. Identify and explain the importance of cash and of cash-flow forecasting: • Why cash is important to a business. • What a cash-flow forecast is, how a simple one is constructed and the importance of it. • Amend or complete a simple cash-flow forecast. • How to interpret a simple cash-flow forecast. • How a short-term cash-flow problem might be overcome, e.g. increasing loans, delaying payments, asking debtors to pay more quickly. Working capital: • The concept and importance of working capital Answer the Questions provided with Answers at the end of the presentation.

This resource is prepared for GCSE Economics. It explains employment and Unemployment. It shows different types and levels of employment and unemployment.It explains causes/ reasons for unemployment, and how government can reduce unemployment.Contains activities and multiple choice questions for Class Activities.

This resource explains the gap between developed and underdeveloped economy, third world and first world interpretation of developed and underdeveloped economy. The resource explains , why there are gaps between underdeveloped and developed nations using Rostow’s modernization theory. It explains cultural barriers that inhibits development, using Africa , Asia , and Latin American nations to show why capitalism and industrial system are collapsing and explains collectivism and individualism, in the context of development.

The resource explains the meaning of recruitment, job selection and training. It shows the duties of Human Resource Department, work force planning,and welfare planning. The resource explains the process of selection and training , internal and external selection of employees, job specification, types of training, part and full time employment, basic selection criteria etc.

This resource explains the impact of over population and how to solve it. Prepared for Global Perspective, for IGCSE. It explains why overpopulation occurs and its impact .the resource gives highlights on how to tackle the social problem

The resource is made for IGCSE Economics. It explains the mening of PED,nd analysis of PED.The resource gives examples of PED in manufactured goods and other products. Contains activities and graphic illustration.

The resource is made for IGCSE Economics and Business Finance.It explains Business ins the meaning of the title including reasons and methods of financing businesses.It also looks t short and long term loans.