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 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 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 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 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 free lesson introduces learners to the balance of payments, with a focus on the current account. We start with gaining a basic understanding of imports, exports, goods and services before introducing the idea of an account for the UK’s international trade. We look at the difference between a surplus and a deficit and where it comes from. We also look at recent figures of the current account deficit to put things into perspective followed by consolidation of knowledge and relevant videos on the topic. A link to a kahoot quiz and a box plenary to finish with. 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 employment and unenmployment. We start by learning about the two key measures of unemployment in the UK with activities, two short exam style questions with answers to consolidate before looking at the different types of unemployment that exist. We also look at the difference between unemployed and underemployed. In the second powerpoint, there is a focus on exam technique, we look at the effects of migration and then an essay exam style question on the impact on employment in the UK. We look at costs of unemployment to various parties before playing a kahoot on unemployment and finishing off with 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 bundle of 3 lessons introduces learners to economic growth and a range of concepts within economic growth such as real vs nominal GDP, total GDP vs per capita and GNP. We start by looking at GDP charts to identify areas of growth and recession. We look at real life examples of countries with positive and negative growth with stimulating discussions. We also look at the limitations of using GDP as a measure of standard of living - a 12 mark question with a concise model answer for students to look before peer assessing and making improvements to WWW and EBI. Finally, we look at happiness and how it is really included when measuring how well an economy is performing, we look at the 7 factors that determine happiness as identified by Laynard. Purchasing power is compared with a great example from spending in India compared to the UK. A link to a kahoot quiz to finish with. 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 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 lesson introduces learners to public goods, what they are with examples of them, we then consider the free rider problem and why the private sector doesn’t offer public goods. We then look at information gaps and examples of how this could lead to market failure through witholding information and moral hazard. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to negative and positive externalities, we look at examples of both, we also look at the different diagrams focusing on the socially optimum - all diagrams are animated and step-by-step so it easy for students to understand. We look at government policies for negative externalities before students attempt two kahoot quizzes and finish with a box plenary. Colourful, concise and engaging slides! Thank you

These few slides introduce learners to what market failure is, a very brief introduction to build a foundation for 1.3. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different views of how and why consumers behave the way they do, we are not 100% rational as humans and we look at some engaging examples of why. Some consolidation activities followed by an exam style question on the Help to Buy scheme in property & rental market (where alternative views might be considered). A model answer is provided and marking grid for students to peer assess and make improvements to WWW and EBI. Colourful, concise and engaging slides! Thank you