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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.
Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks
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Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks

(1)
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.
Globalisation - How Globalisation Impacts the UK & the World - GCSE Economics / Geography
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Globalisation - How Globalisation Impacts the UK & the World - GCSE Economics / Geography

(1)
A whole lesson looking at the key theory behind globalisation and how it has impacted the UK and its competitiveness. The lesson looks at the pros and cons of globalisation and includes numerous examples to help teach the key theory. The lesson also includes a nice worksheet where students need to anlayse who has ‘won’ from each globlisation scenario. A great lesson for Economics and even Geography. Perfect for GCSE.
Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets
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Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets

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This detailed lesson helps students fully understand 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). 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 looks at the clear difference between internal and external economies of scale. I have focused many tasks throughout this lesson that helps students fully understand the concept of economies of scale. The lesson also looks at diseconomies of scale in a lot of detail. I have also provided a great task based on Mega Dairies in the UK and how they hope to benefit from economies of scale - this includes a number of great video clips and an excellent worksheet that could be used in a group activity. This lesson could easily stretch across 2-3 hours of teaching. A great lesson which would be perfect for GCSE Economics and also useful for A-Level.
Market Failure - Introduction & The Main Causes of Market Failure - A-Level Economics
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Market Failure - Introduction & The Main Causes of Market Failure - A-Level Economics

(2)
This lesson is a perfect introduction to market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson starts with a look at productive and allocative efficiency. The lesson then explains what market failure is and why it is a big problem. The lesson then looks briefly a the following types of market failure: * Externalities * Merit and Demerit Goods * Public goods Main lesson aim: Students will understand what market failure is and the main causes of market failure. I have made a nice task where students need to tick whether a product is a public, merit or demerit good and explain their answer. I have also included a nice worksheet on the topics covered. I have also included a student copy of the PPT. This lesson is perfect to GCSE or A-Level Economics.
Price Elasticity of Supply (PES) - Elastic & Inelastic Supply - Theory, Curves & Calculations
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Price Elasticity of Supply (PES) - Elastic & Inelastic Supply - Theory, Curves & Calculations

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A great lesson that helps teach price elasticity of supply. The PPT covers all the main theory of price elasticity of supply. The lesson has many tasks and examples throughout. The lesson also looks at how to calculate PES. The attached worksheet also asks students to work out the price elasticity of supply for numerous businesses. The lesson is perfect for GCSE Economics and would also be suitable for AS Economics.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. Students will learn about imports, exports and the advantages of comparative advantage. Students will also learn the more general benefits and drawback of international trade and protectionism. The lesson also includes info on the WTO. The lesson includes tasks, examples and videos.
Globalisation
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Globalisation

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Students will understand the key economic theory of globalisation. The lesson covers what causes globalisation, the characteristics of globalisation and the consequences of globalisation. The lesson also covers the role of MNCs on making the world more global. 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.
Finance - Calculating Sales Revenue, Costs & Profit - GCSE Business Studies - PPT & Worksheet
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Finance - Calculating Sales Revenue, Costs & Profit - GCSE Business Studies - PPT & Worksheet

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A bumper lesson that covers key financial calculations for GCSE Business Studies students. The lesson shows how to calculate revenue, fixed costs, variable costs, total costs and profit. Each section has clear questions and answers, with the PPT working alongside the worksheet attached. I have tried to make the lesson fun and easy to understand. The worksheet builds upon the theory and has many more financial calculations to work out. This could easily span across 2 lessons as the worksheet is very detailed. A great resource for teaching a potentially tricky topic. Perfect for GCSE Business Studies and could easily be adapted for other course.
Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise
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Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise

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This bumper lesson covers everything students need to know about franchises. This PPT includes a description of franchises, there pros and cons and includes various tasks throughout. The lesson also includes relevant examples of business franchises and links to some great videos. The lesson also looks at the important difference between a franchisee and a franchisor. I have also included two detailed worksheets based on franchises that can be used straight after the PPT is used in class. This is a perfect resource for GCSE Business Studies and the Setting up a New Business unit. I have also included a 10 question multiple choice quiz, which is perfect for the lesson starter.
Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers
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Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers

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This lesson looks at business growth and focuses on business growth and integration. The starter activity re-caps on the three industrial sectors and the difference between internal and external growth. The PPT then looks at the pros and cons of mergers and takeovers. The biggest section of the PPT is the look at integration. There are clear examples of vertical, horizontal and conglomerate / diversification / lateral integration. There are many tasks throughout and two very detailed worksheets to help with the theory. This lesson could easily be used for A-Level Business Studies and also used for Economics. Perfect for teaching the Growing as a Business topic in GCSE Business Studies.
Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz
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Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz

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This lesson will help students understand what economic growth means, the main benefits and drawbacks of economic growth, how economic growth can be measured and how it can effect an economy. This lesson includes numerous tasks and key theory. Below is a breakdown of the lessons objectives: All: Students will know what economic growth is. Most: Students will know the difference between GDP and GDP per capita. Some: Students will know which countries have the highest and lowest GDP and GDP per capita around the world. The lesson looks at the following concepts in a lot of detail and includes various tasks, key terms and examples: Economic Growth Benefits and Drawbacks of Economic Growth Gross Domestic Product (GDP) GDP Per Capita Standard of Living The lesson includes many fun activities and interactive tasks and concludes with various written questions, I have also included a useful mini test that could be used in a separate lesson. I have also included a fun multiple choice quiz to help students re-cap on the lesson. This lesson is perfect for GCSE Economics but could easily be used for AS level Economics. This lesson could also be used for Geography.
Market Structures – Competitive Markets, Oligopolies & Monopolies – Pros & Cons of Markets
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Market Structures – Competitive Markets, Oligopolies & Monopolies – Pros & Cons of Markets

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This detailed and engaging lesson covers the key theory behind Market Structures. This includes the different market structures, perfect competition, competitive markers, oligopolies and monopolies. The lesson looks at the pros and cons of each structure and many examples. The lesson includes a group task to consolidate learning. The lesson includes many tasks, videos and activities throughout. Main Aim: Students will understand market structures – including competitive markets, oligopolies and monopolies. The condition, pros and cons of each market structure are covered. The lesson includes many videos, tasks and examples.
Government Objectives & Conflicts of Macro Objectives (Including Phillips Curve)
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Government Objectives & Conflicts of Macro Objectives (Including Phillips Curve)

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Students will understand the key economic theory of government objectives and the conflicts of these objectives including the Phillips Curve. The lesson covers the five main economic objective and their clashes such as economic growth and inflation. The lesson also covers the short-run and long-run Phillips curve. 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.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. The lesson covers the pros and cons of international trade, protectionism, custom unions and the EU. The lesson also covers the role of World Trade Organisation (WTO). 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.
Centralisation (Centralised) & Decentralisation (Decentralised) - Growing as a Business - Business
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Centralisation (Centralised) & Decentralisation (Decentralised) - Growing as a Business - Business

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A nice lesson to help teach a tricky topic. The lesson aims to explain the clear difference between centralised and decentralised businesses. The lesson has many fun and clear examples and the differing pros and cons of both centralisation and decentralisation. The lesson includes a nice worksheet to help students fully understand the topic, including a higher level exam style question. This lesson follows on well from de-layering and leadership styles. Perfect for teaching the Growing as a Business unit for GCSE Business Studies. This lesson could also be used for A-Level Business Studies.
Cash Flow Forecasts - Forecasting Inflows & Outflows - Improving Cash Flow - Finance - A-Level
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Cash Flow Forecasts - Forecasting Inflows & Outflows - Improving Cash Flow - Finance - A-Level

(1)
A great and very detailed lesson on calculating cash flow forecasts (could easily be used across 2-3 lessons). This lesson introduces the key theory behind cash flow forecasts and then sets up students to complete a number of blank cash flow flows using the data provided. The lesson also looks at the pros and cons of cash flow forecasts and what a cash flow statement is. A great selection of resource that should make this finance topic easy to understand and engaging. Answers are provided for most of the worksheets. The lesson also includes a 12 month cash flow forecast task - a great activity that can really test a students understanding. Perfect lesson for A-Level Business Studies and Accountancy.
Total, Marginal & Average Revenues - Revenue of a Firm - Microeconomics  - Profit Maximisation
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Total, Marginal & Average Revenues - Revenue of a Firm - Microeconomics - Profit Maximisation

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A nice lesson that looks at a firms revenue and how profit maximization (MR=MC) can be achieved and calculated. This lesson looks at all the key theory for microeconomics and has numerous tasks - including gap fill questions, calculation tasks and graphs. I have included a teacher version and a student version of the resource. The teacher presentation includes answers to set questions. A great resource for teaching A-Level Economics.
Interest Rates - Impact of Increasing & Decreasing Interest Rates - GCSE Economics PPT & Worksheets
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Interest Rates - Impact of Increasing & Decreasing Interest Rates - GCSE Economics PPT & Worksheets

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This lesson looks at interest rates and how they can have a huge impact on the UK economy. The lesson focuses on the current interest rate and how it impacts different people. The lesson then looks at how an increasing or decreasing interest rate can impact various stakeholders. The lesson concludes with exam style questions and a fun interest rate challenge. I have also included a two interest rate worksheets which cover a lot of different questions. I have also included an answer sheet for one of the worksheets. This lesson is perfect for GCSE Economics and could be used for Business Studies. This lesson could also be adapted for A-Level.
Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks
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Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks

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A nice lesson that covers the three industrial sectors in a lot of detail. The lesson introduces the three sectors with relevant theory and examples and reasons why each sector may be increasing or decreasing. I have included many tasks throughout the lesson. This includes a fun traffic light style quiz that looks at examples and gets students to guess which sector or sectors they belong in. The lesson concludes with a nice task where students have to write and draw a nice timeline for an industry of their choice and how it can change over the three sectors. A good lesson aimed at GCSE which could be used for Business Studies, Economics and Geography students,
Income & Wealth - Inequality, Distribution of Income & Poverty - A-Level Microeconomics - 1 of 4
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Income & Wealth - Inequality, Distribution of Income & Poverty - A-Level Microeconomics - 1 of 4

(1)
This lesson at the difference between income and wealth and how this has a major impact on the distribution of income in the UK. The lesson aims to help students cover the following objectives: * Students will fully understand the difference between income and wealth and how it can impact inequality in the UK. * All Students will understand the difference between income and wealth * Most Students will understand and be able to analyse the different factors that cause an unequal distribution of income and wealth in an economy * Some students will be able to answer a past exam question. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice whiteboard starter activity and a brief re-cap on elastic and inelastic supply of labour tick sheet. I have also included a nice worksheet that gets students to fully look at the clear difference between income and wealth. Students also look at the main causes of inequality in the distribution of income & wealth in the UK. The lesson concludes with a past exam style question - with a useful template to help answer the question properly. I have included a nice worksheet that follows the PPT very carefully. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and how their is clear inequality in the UK and the World. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 1 of 4 covering poverty and the inequality of the distribution of income.