This resource provides a thorough set of Price Elasticity of Demand (PED) questions and detailed answers, designed to enhance students’ understanding of this key economic concept. The questions are structured in a progressive format, starting from basic calculations and gradually advancing to more complex scenarios, making it an ideal resource for both GCSE and A-Level Business Studies or Economics students. What’s Included: **25 questions on Price Elasticity of Demand (PED): Divided into four levels of difficulty (Basic, Intermediate, Advanced, and Expert), allowing teachers to adapt to different student abilities. Full worked answers for each question: Complete step-by-step answers to help students understand the logic and calculations involved in each question. Level of Difficulty Basic Level: Questions cover fundamental concepts such as the formula for PED and simple percentage change calculations. Intermediate Level: Students calculate percentage changes in quantity demanded using PED values. Advanced Level: Students apply their knowledge of PED to real-world scenarios, calculating changes in revenue and determining whether demand is elastic or inelastic. Expert Level: More challenging problems, including percentage change calculations involving PED, with a focus on real-world data like cinema ticket sales and concert ticket prices

This is my taster lesson for Economics which I used for both Year 10s and Year 11s. Contrained is a powerpoint introducing Economics & powerpoint containing a Top Trumps activity to be cut up either on card or paper. Instructions included. The lesson is focused on Macroeconomic Objectives with an activity for students. The activity is a top trumps game with macroeconomic indicator which are based on May 2024. It lasted about an hour, if you give the top trumps game about 20 minutes. Personally, I thought it went really well. The top trumps game got them interested in the discrepancies between different countries.