This double lesson introduces learners to organic growth, we start by looking at the problems of rapid growth from the previous lesson before looking at the methods of organic growth and their advantages and disadvantages. We then go on to read a short case study on a ready meal manufacturer based in Bradford, who have grown organincally since 1979. A 10 mark question on this with structure guidance and a concise model answer provided, to help students peer assess against the criteria. This is followed by a research task for students to find a company that has grown organically (link for poundland given if students struggle to find), they then present their findings back to the class - structure for this is provided too. We finish off with a kahoot quiz, the link is included and a box plenary. Colourful, concise and engaging slides! Thank you

This set of resources includes 2x PPT, 2x word files and can be delivered over 2-3 lessons. Learners are introduced to the concept of inflation. We start by talking about how prices have changed hugely compared to the 1960s and 70s to stimulate students on the topic. We look at what inflation is, how it is measured, changes to the basket in 2021, cost push and demand pull causes, effects of inflation on consumers, firms, workers and the government - all with relevant examples, exam questions with model answers are provided too. In the second lesson, we build on this by looking at index numbers and their uses, particularly when looking at inflation. Finally, we look at the limitations of the CPI index and finish off with a kahoot. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to inflation and interest rates - economic influences is quite a large topic area to cover so it is split into two parts. We start by looking at some shocking (for students) price changes in the last few decades before looking at how inflation is calculated and the implications on businesses and concumsers. We then go onto looking at interest rates and again, implications on consumers and businesses. Two essay exam style questions included on each topic - both with structure guidance and concise model answers to help students with peer assessments. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to government failure, we look at reasons that can cause a net welfare loss to society through distortion of price signals, unintended consequences, excessive admin costs and information failure. Three links to kahoot quizzes on all of theme 1 to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different sizes and types of firms, we look at what factors determine the size of a business, we then go on to look at the principal-agent problem and an example of a firm that has made attempts to reduce this problem. We look at the different between public and private sector organisations and their different motives, followed by interesting videos which stimulate debate on the topic. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of economic profit as opposed to accounting profit which most are familiar with. We use broken down examples to explain the concept of normal, supernormal profits and losses. We then look at marginal revenue and marginal cost to identify profit maximisation points and shutdown points. Calculation and drawing tasks to consolidate and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to exchange rates - all three systems. We start by looking at students currents understanding of currencies around the world before discussing the features of the three exchange rate systems. We look at what can cause a floating exchange rate to appreciate or depreciate (with diagrams), we also look at devaluation of a fixed exchange rate system. Pros and cons of each system is discussed. Video case studies and articles to contextualise. We also look at the J-curve and Marshall-Lerner condition so students can use these to evaluate when writing about exchange rates. A box plenary and kahoot quiz to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners the factors that businesses consider before relocating to sell or produce in another country. We start by looking at factors when assessing a country as a market, we look at each factor with some data then go on to looking at factors to consider when assessing as a production location (some of the factors come under both topics). A short case study on Slovakia’s government incentive of a flat tax which attracted many producers to relocate there, a 4 mark model answer for students to self assess with. A few more activities and a 10 mark question on assessing the UK as a production location, structure guidance is given and a model answer for students to look at, to build those examination skills! Colourful, concise and engaging slides! Thank you

This lesson introduces learners to ethics - always a good topic to stimulate provoking discussions. We start by looking at what ethics involves, we look at some real thought provoking case studies with Primark and Bangladesh’s factories, Apple and Foxconn’s sweatshops. A 12 mark question with a concise model answer to peer assess with and a debate task acting for and against firms that are unethical. We finish by looking at the effects of firms on the environment. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to ethics and corporate social responsibility - this is also covered in theme 4, although with some differences such as the focus on pay and rewards. We start by looking at what is involved in ethics, with real examples of a number of unethical actions, for example the Primark factory in Bangladesh which collapsed and killed many workers, or the suicides that were committed in Foxconn in Shezhen due to the horrid working conditions. We look at the advantages of being a socially responsible company before looking at some facts into CEOs pay. A case study on CEOs salaries and bonus makes for an interesting discussion where students can prepare arguments for and against the very high bonus’ CEOs receive. Students can present their findings back in groups, and then answer a 12 mark question on the case study in class or for homework. Structure guidance and a concise model answer provided for students to identify WWW and EBI with their response.A box plenary to finish with. Colourful, concise and engaging slides! Thank you

The second part to economic influences introduces learners to the stages in the business cycle and how each affects businesses and consumers, we also look at different types of tax and their implcications. Finally we look at exchange rates and their impacts. Two guided research tasks, a link to a kahoot quiz and box plenary to finish off with. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x PPT, 2x word files and can be delivered over a double lesson. Learners build on the knowledge of scarce resources by illustrating combinations of outputs on a PPF curve. We break down the curve with examples for different scenarios such as inefficient and efficient use of resources, students have an opportunity to consolidate this by having a go at drawing the curves. We then go on to look at shifts in the curves and causes of the shifts. A task to calculate opportunity cost before a group presentation task. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the variety of interventions that governments use to intervene in markets. We start by recapping indirect taxes and subsidies before looking at examples of minimum and maximum prices - students contextualise this by looking at alcohol minimum prices and tuition fee caps in the UK - a short question with a model answer on this too. We then look at pollution permits, state provision of public goods, provision of information and regulation as other ways governments can interevene in markets. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply side policies to increase the productive potential of the economy. We look at both, market based and interventionist policies, with relevant examples for each one. We look at the pros and cons of using supply side policies for the economy. A group task engaging students to come up with supply-side policies and a question on how to boost the productivity of the manufacturing sector. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lessons builds on the previous lesson on costs, with an emphasis now on economies and diseconomies of scale. We look at a range of ways economies of scale can be achieved i.e. internal and external, we also look at the minimum efficient scale point and the usefulness of operating at the MES. Videos on the supermarket industry to highlight this concept and a box plenary to finish with. Colourful, concise and engaging slides! Thank you