This double lesson introduces learners to supply and the factors which influence it. We start by looking at why suppliers supply, once students grasp that it is for the incentive of profit we look at examples which can affect supply. We then go on to illustrate these impacts on diagrams with shifts in the supply curve - all broken down so students can grasp it quickly. We then have a four mark question with a case study on the supply of houses, guidance on the assessment objectives required and concise model answers for students to look at when peer assessing. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the components of aggregate demand before looking at each component in greater detail later in the course. We start by breaking down the definition of aggregate demand to undestand the components involved. We look at the AD curve and understand why it slopes downwards and why it is different to the micro demand curve although looks the same. We look at movements and shifts in the AD curve and students have the opportunity to practice drawing the diagram with shifts - answers provided. A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to one of the components of AD - consumption! We start with a recap of AD before looking at what consumption and disposable income is, we look at examples of where consumption comes from, marginal propensity to consume, save and APC formulas. A calculation task for consolidate the marginal propensity to consume. Some diagram practice before ending with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to investment as part of aggregate demand. We have a recap of consumption before looking at what investment in Economics means, including the difference between gross and net investment. We then look at the influences on investment with examples, a link to a BBC article for context and a set of questions with answers on the following slide. We also look at a case study of when UK business confidence was low - an 8 mark question on this with guidance and a concise model answer. We finish with a box plenary to consolidate. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the final two components of aggregate demand - government expenditure (G) and net trade (exports - imports). We start with a recap on investment before looking at different categories of government spending. We then look at some recent examples of how much government has spent as well as the 2021 budget by Rishi Sunak. Students can see the difference between a budget deficit and the national debt. A short exam style question on the increase in tax allowance with a model answer on the following slide. In the second lesson, we look at net trade and factors which affect the UKs net trade balance. An 8 mark question with a model answer for students to look at for improvements to own answers. We finish with a true and false quiz and a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the different objectives of businesses. We look at the four objectives and their illustrations on a diagram, we also look at real life examples/videos of businesses with different objectives for context. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of revenue in Economics. We first start by looking at the law of diminishing marginal utility to understand how curves will look. We then look at each formula, with examples of figures + an activity where students calculate the total revenue, average revenue and marginal revenue. Students are made aware that revenue will be different in perfect competition compared to imperfect competition. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to inequalities around the world and in the UK. We start by looking at some unequal scenes and asking students what inequality is, the impact of it and why it is important to try and reduce inequalities. We consider the difference between income and wealth before looking at the causes of income and wealth inequality. We then look at how to measure inequality through illustration of the Lorenz curve, we then look at how the Gini coefficient can be derived from the Lorenz curve - a plotting a curve task to consolidate this important diagram. In the second part of the lesson we consider capitalism and its influence on inequalities, some interesting debates can be stimulated from this part of the specification. True and false questions, research task, video case studies, box plenary and kahoot to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to strategies which influence the growth and development of a country. There are quite a few factors on the specification (under market orientated and interventionist) so this could be delivered as a student-led task to research either category, I split the class in half to allocate. We then feedback what students have found out but also go through each factor on the board to extend and fill any gaps in knowledge, or clear any misconceptions gained when learning independently. We also look at industrialisation and other strategies such as development of primary industries, tourism, aid and debt relief. Some true or false questions, video case studies to contextualise the topic, a debate question and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of economic development. Before we introduce this we recap what growth is, and consider the limitations of using growth/GDP as a measure of a countries development. We introduce the human development index and look at rankings of countries to gain some context. We look at the pros and cons of using HDI as a way to compare levels of development. Some true or false questions, a research task, debate, box plenary and two kahoot quizzes to end with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the role of financial markets. We start by discussing what money is and the role of money before looking at what a financial market is, with examples of the role they play. Video case studies to give context to the role of financial institutions. We then look at the different types of financial markets such as money, capital and currency markets before understanding bonds in more detail. Some true or false questions, 15 mark case study question with indicative points and a peer assessment grid for students to use. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to long-run aggregate supply, we start by looking at the classical and keynes models, with a discussion on spare capacity to understand the keynes version. Step-by-step animated diagrams with explanations so it is easy for students to understand and for the teacher to deliver. We then look at the factors which can shift LRAS. Lots of practice questions with illustrated answers so students know if they are on the right track. In the second part of the lesson, students combine their knowledge on AD and AS, we read a case study on rising house prices and attempt a question on the effects on AD and AS. A model answer is provided and students can peer assess with the marking grid. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the circular flow of income, we start by looking at what this model is and how it is made up. We look at the difference between income and wealth before looking at injections and withdrawals into the circular flow. Animated diagrams of the circular flow to show how money circulates between the parties. A number of consolidation tasks including a 6 mark exam question - all with answers provided. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to output gaps, we start by looking at GDP charts and identifying trends to understand long term trend rate of growth. We then look at positive and negative output gaps in more detail with step by step, animated diagrams for clearer explanations. Finally we look at the difficulties of measuring output gaps. Colourful, concise and engaging slides! Thank you