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George's Marvellous Business Studies & Economic Resources

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet
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Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet

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This detailed lesson helps introduce economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). This will get students thinking about mass production. The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also introduces diseconomies of scale. There are a number of relevant video clips to help give some great examples. A great lesson which would be perfect for GCSE Business Studies.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

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A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task
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Objectives of Government Macroeconomic Policy - A-Level Economics - PPT & Group Task

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This detailed PPT helps introduce macroeconomics and the main government objectives. The lesson starts with a simple look at what macroeconomics is and which stakeholders it impacts. Below is a summary of the overall lesson objectives: Students will understand the main objectives of government macroeconomic policy: economic growth, price stability, minimising unemployment and a stable balance of payments on current account. The lesson looks mainly at the main government objectives, as listed below: * Stable low inflation * Sustainable growth * High employment * Improvements in productivity * Rising living standards and a fall in relative poverty * Sound government finances The lesson introduces each topic in brief detail to help students get an overview of the different objectives. The lesson also includes a 10 mark data exam style question based on the topic. I have also included links to a few key videos throughout the lesson to help students understand the topic. The lesson concludes with a fun group activity where students need to work together to create their won political party and come up with their own objectives and how they hope to improve the economy. I have included grading cards that can easily be printed and filled in to help students vote on their elected party. The plenary is a simple traffic light quiz that re-caps on the key theory covered. This lesson is perfect for introducing macroeconomics to students. It has been designed for the new Economics A-Level, but could easily be used for GCSE and other economic based courses. The lesson is linked to the UK economy, but again this could easily be updated for other countries. A perfect introduction to macroeconomics and government objectives.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

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A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
Employment & Unemployment
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Employment & Unemployment

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Students will understand the key economic theory of employment and unemployment. The lesson covers the types of unemployment and how it is measured. The lesson also covers ‘stick wages’ and how this links to voluntary and involuntary unemployment. The lesson covers the natural rate of unemployment, NAIRU and the consequences of unemployment. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
The Balance of Payments
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The Balance of Payments

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Students will understand the key economic theory of the balance of payments. The lesson covers how sections of the balance of payments such as the current account and financial account. The lesson also covers foreign direct investment (FDI) and evaluating a current account deficit and surplus. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
The Economic Problem - GCSE Economics
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The Economic Problem - GCSE Economics

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This detailed and engaging PPT covers the economic problem. The lesson reflects on how the economic problem impacts consumers, producers and governments. It also looks at sustainability and choices. The lesson also looks at the 3 key questions linked to the economic problem; what to produce, for whom to produce and when to produce. The lesson includes lots of engaging tasks, key theory, tasks and relevant examples. Main Aim: Students will understand the main economic problem. Students will understand the 3 main questions linked to the economic problem, what is sustainability and how it can impact consumers, producers and governments.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
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Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

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A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

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A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
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Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

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A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
The Role of Money & Evaluating the Importance of the Financial Sector
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The Role of Money & Evaluating the Importance of the Financial Sector

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Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.
Introduction to Monetary Policy
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Introduction to Monetary Policy

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Students will understand the key economic theory of monetary policy. Students will learn about the interest rates, inflation, the base rate and the objectives of The Bank of England. Students will learn about the Monetary Policy Committee and their role in keeping inflation under control. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of fiscal policy. Students will learn about the difference between government spending and government taxation. Students will learn about the different types of taxes and how much money they generate for the economy. The lesson also looks at why government set taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Supply-Side Policies
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Supply-Side Policies

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Students will understand the key economic theory of Supply-Side policies. The lesson covers the different types of supply-side polices such as free market and interventionist policies. The lesson also covers the micro and macro effects of supply-side policies. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS
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Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS

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A bumper lesson that covers some key areas of business operations. The lesson looks at lean production, kaizen, Just in Time (JIT) and general productivity in a firm. There are relevant examples throughout and clear theory. The lesson leads to a 9 mark exam style question. I have also included a nice multiple choice quiz which would be perfect for a starter activity. The lesson is aimed at operations topic for GCSE Business Studies, but could easily be adapted for AS Level Business Studies.
The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics
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The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

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A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students. I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.
Price Stability & Inflation
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Price Stability & Inflation

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Students will understand the key economic theory of inflation and price stability. Students will learn about purchasing power, basket of goods and the consumer price index. Students will also reflect on the difference between nominal and real values and how this links to inflation. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Government Policies to Correct Externalities / Market Failure
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Government Policies to Correct Externalities / Market Failure

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Students will understand the key economic policies to help increase the consumption of positive externalities and lower the consumption of negative externalities. These include indirect taxes, subsidies, laws and regulations, government campaigns, nudges and state provision. The lesson includes tasks, examples, exam style questions and videos.
Exchange Rates
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Exchange Rates

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Students will understand the key economic theory of exchange rates. Students will learn what exchange rates are, how they are calculated and how they can impact economies and why they are so important. Students will learn the pros and cons of having a weak and strong currency. The lesson also introduces supply and demand of exchange rates with diagrams and examples. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks
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Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks

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A bumper lesson that includes all the key theory for the four main market structures in economics. The lesson covers theory, examples and tasks for the following market structures; perfect competition, monopolistic competition, oligopolies, duopolies (not essential, but fascinating) and monopolies. The lesson has a nice worksheet that when filled in (answers sheet provided) students will have a great summary sheet on the four main market structures. I have also created a nice task where students need to guess which market structure each business would likely fall under (answers again provided). This lesson is a great introduction to the various market structures and could be adapted for AS Level Economics.