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Free, Mixed and Command Economies
The PowerPoint attached is an informative presentation that explains the difference between command, mixed and free market economies.
Contextualised exams provided throughout.
This presentation contains 18 slides and took me 30 minutes to go through
Change Management (Business)
This resource is a detailed, comprehensive PowerPoint (124 slides) on change management.
The resource is split into four separate lessons that breaks down the topic in manageable chunks.
The resource contains:
several starter activities
videos
animations
exam practice
detailed notes
Coliurful and engaging throughout.
This resource lasted a full week of lessons (3 hours) for me
Production Methods
Notes and videos on job, batch and flow production
Net Present Value
Net Present Value is a topic that students often find challenging. This presentation has been produced so that students of all abilities can access the topic. Using lots of colour and engaging slides, contextualised examples as well as step by step examples, this presentation has proven to be very successful in getting my students to understand this net present value effectively.
Included in this presentation:
A detailed title slide including key skills covered in the lesson and equipment required
Initial starter activity where students need to calculate the payback period and average (accounting) rate of return. The aim of this activity is to get students to think about how using both of these methods can provide conflicting results (one investment option could have a shorter payback period where the other could have a higher average rate of return). Activity and answers included in slide, as well as explanation of how these figures were calculated.
Step by step guidance as to what the net present value and time value of money means (we look at why it is better to have £100 now rather than next year)
Activities that explain what inflation and interest rates are, and how they affect the value of money (guess the price activity can be done on mini whiteboards or completed as a class)
Step by step guide demonstrating how net present value is calculated
An explanation of how net present value can be applied to investment decisions
An evaluation of the usefulness of net present value, with examples provided.
This presentation contains 53 slides and took me just under 2 hours to go through in detail.
Poverty, Lorenz Curve, Gini Coefficient
This presentation contains:
Colourful, detailed and engaging slides throughout
A ‘random name selector’ key term starter activity
7 timed past MCQs on a range of Economic concepts (interactive timer included) All answers included.
Activities throughout
Detailed notes throughout
Explanations of Lorenz Curve and Gini-coeffient
A comprehensive presentation.
There are 65 slides in total and this lesson took me an hour and a half to go through with students
Critical Path Analysis Worksheet
A detailed worksheet with a range of explanations and activities on critical path analysis and completing network diagrams. There are eight activities included, spread over 5 tasks, ranging from step by step guidance as to how the diagram is completed, to float times and identifying the critical path.
I’ve tried to make it as easy as possible for students and teachers to follow.
All answers have been included at the back. Save yourself some marking and give the answers for students to peer mark if you wish!
Index Numbers
Complete lesson with additional worksheet on index numbers.
Included in this resource:
Activity on why quantitative skills are important in economics
Explanation of what index numbers are and why they are used
Step by step instructions are to how index numbers are calculated
8 activities on index numbers (all answers included)
This lesson took me an hour and a half to go through with my students
Business Ownership
An 89 slide, detailed PowerPoint presentation on forms of business ownership. This presentation goes into detail about:
The public sector
The private sector
Soletraders
Partnerships
Limited Companies
Not-for-profit organisations
This presentation includes a number of editable recap activities (decision tree, guess the question, etc)
Colourful, interactive with animations throughout.
This presentation took me 3 hours to complete with my students
Marketing Mix - Place
Included in this presentation:
A fun Catchphrase starter activity (my students love this!)
A recap activity on cost-based pricing strategies with answers (feel free to remove or skip if you are you to cover this)
Notes and examples on the different methods of distribution
Notes on the pros and cons of each method of distribution
Notes on the importance of selecting the most appropriate method of distribution
Indirect Taxation WORKSHEET
A worksheet that tests understanding of directly and indirect taxation.
There are 4 activities in this worksheet:
A fill the blanks activity that tests students understanding of types of direct and indirect taxation and the correct terminology used depending on the tax being discussed
An activity where students need to calculate tax per unit, incidence on producers, consumers and government revenue
An activity where students need to explain why the incidence on the producer / consumer changes depending on the price elasticity of demand
An extension of activity 2 where students are given 4 additional diagrams where they need to complete additional calculations and label the incidence / tax revenue
3 multiple-choice questions on indirect taxation
Detailed answers of all* activities are provided in this worksheet
This activity took between 20 and 30 minutes for my students to complete
Rational Decision Making
This resource is a 17 slide PowerPoint that explains the concept or rational decision making.
Included in the presentation:
A colourful and informative title slide that outlines the learning objectives
An engaging and interactive online ‘vortex’ starter activity. Students need to match which key term links with which of four topics. Activity is self marked and instructions are included
Explanations of how rational decision making is a principle of neo-classical economics
Contextualised examples of how customers don’t always act rationally (Nudge Theory, Third Decoy, Dopamine, FOMO)
Explanation as to why consumers may not act rationally
This resource took me 30 minutes to complete
Terms of Trade
This colourful and informative resource is fully comprehensive, and includes a number of tasks that test learning that do not require any marking from the teacher.
Included:
A detailed and colourful title screen, outlining the learning objectives and including an interactive timer and picture animations
A ‘guess the question’ starter activity with answers that tests understanding of earlier macroeconomic content
A quiz on UK imports and exports
Detailed explanation of ‘weighted indexes’ with questions and answer scheme included
Past exam question with mark scheme on terms of trade
Link to a video reviewing terms of trade and index numbers
Detailed explanations of factors affecting terms of trade and Prebisch-Singer hypothesis
8 mark question with mark scheme
Homework tasks, including a link to a Teams Quiz with 17 questions on terms of trade. Questions are self-marked when students respond
All resources took me 3 lessons to go through
Advertising, Media and Peer Pressure
A financial education lesson on advertising, media and peer pressure.
Included:
Colourful and interactive slides with timers, animations and videos
Activities (with answers) throughout
Worksheet included
Detailed notes
There are 37 slides in total and this lesson took me an hour and a half to go through
Economics as a Social Science (Lesson + Worksheet)
This PowerPoint presentation and worksheet has designed based on the Edexcel A Level Specification but can be applied to any exam board.
The PowerPoint includes:
Detailed and colourful title page with animations, auto calendar date, gifs and timer
Starter activity that test students’ understanding of economic terminology they should be familiar with in the news
Detailed explanation of what economics is
Challenging assumption activity
Detail notes
All answers included
The worksheet has 4 activities:
Match important key terms relating to this lesson
Challenge the assumption activity
Micro or macro scenario
UK economy trivia
Human Development Index
A lesson that explains what HDI, how it measured and other measured of development.
Explanations, editable starter activities and videos included
Allocative Efficiency (Economics)
Arguably the trickiest of the efficiencies students need to understand.
This presentation has been designed to break this efficiency down and explain it step by step.
Productive and dynamic efficiency also recapped in a starter activity.
Lots of activities included in the presentation.
Last few slides go through exam technique for 8-markers (Edexcel) with a sample question and model answer
Eduqas Business A Level Model Answers
Please find some examples of model answers from Paper 1 of 2022. I’ve included explanations of exam technique on many of the questions.
Please be aware - ARCADE-J is a mnemonic I use with my students for questions that require evaluation, such as Assess, Recommend, Consider, Advise, Discuss, Evaluate, Justify
Price Elasticity of Demand
Colourful. Engaging. Informative. This PowerPoint has been creating to introduce students to the concept of price elasticity of demand.
Included in this PowerPoint:
A detailed and colourful title page, highlighting the skills that will be covered over the duration of this topic
A starter activity where students need to rank in order which goods / services would be most to least affected by a change in price
Discussion points
Slides detailing how price elasticity of demand is calculated, with an example
Slides explaining what the numerical values mean (how to interpret them)
Calculation questions with answers
Explanation of the factors affecting price elasticity of demand
This resource took me one hour to go through as a class
Types of Taxation (Direct and Indirect)
A colourful and detailed presentation that explores types of taxation. Included in this presentation:
A fun Catchphrase starter activity where students have to look at images to guess the name of a product or service (my students love this!)
An initial true or false quiz about types of taxes (England specific)
4 slides illustrating how much tax revenue the UK generates in comparison to other countries and how that tax revenue is spent. A sample payslip is also shown to illustrate some of the deducations are taken from income tax
Colourful and detailed examples of the main forms of tax students need to know about (income, corporation, VAT, National insurance, business rates)
A ‘how much income tax does Boris pay!’ activity that students love. It illustrates that income tax brackets are different at different thresholds of income
Disadvantages of taxation
Useful tips and notes as to how to evaluate a question that refers to taxation
This lesson took me an hour to complete
Payback Period
Colourful slides, animations, video links, fun activities, as well as questions (with answers provided) are all included in this engaging and informative lesson on calculating the payback period, applicable to all syllabi
Included in the lesson is:
A fun (and very popular with my students!) Catchphrase starter activity where students have to guess the name of a well-known brand or product from a selection of pictures. Answers are provided.
An eye-catching slide used to explain the purpose of the lesson and introduce the terms capital investment appraisal.
An explanation of what it means to invest
Contextualised examples and explanations of what investing is with colourful slides and video links provided (a Bitcoin video is included as well as a link to live house price updates)
A ‘guess the price of the good’ activity that demonstrates reasons why people make investments (to get a return on their investment)
Examples of real business investments (Facebook purchasing WhatsApp, Oculus, extra warehouses for servers)
Explanation and step by step demonstration of how to calculate the payback period
A 10 - 15 minute activity where students need to calculate the payback period. Answers provided.
An explanation as how to evaluate the payback period
It took me a lesson and a half to go through all of the content