This double lesson introduces learners to public expenditure by the government. We start by looking at the three different types of expenditure (current, capital and transfer payments) before a quick activity where students estimate how much of the pot is distributed in different areas. We then look at various graphs and charts such as spending over time, spending as % of GDP, changes in spending on different areas, future spending forecasts, all this should help to contextualise the topic, we also compare spending as % of GDP internationally. We then go onto look at reasons for changes in public expenditure as well as the impacts on aspects such as productivity, equality, taxation and crowding out. Some true or false questions to consolidate, video case studies for further contextualisation. In the second lesson, there a diamond 9 group activity so students can justify where money should be spent, this creates a great opportunity to turn this into an election sort of activity as we then split the class into two different parties, each preparing a manifesto on how they will spend the budget. Colourful, concise and engaging slides! Thank you

New for 2021, this bundle for Edexcel’s A Level Economics Theme 3 is the ultimate pack for teachers delivering this course. Captivating powerpoints, the highest quality, unrivalled lesson experiences from start to finish. Filled with real life examples and step-by-step animated diagrams. Please have a look at individual files to see previews. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you Theme 3 - Business behaviour and the labour market Note: All Theme 3 lessons have been uploaded individually too. The purpose of this upload is to bundle it with Theme 4 (due to the 20 resource limit)

This double (possibly triple) lesson develops students understanding of public sector finances with a focus on deficits and national debt. We start by looking at the difference between automatic stabilisers and discretionary fiscal policy with relevant examples and a consolidation task. We then go on to distinguish between deficits and national debt, with easy charts to deepen understanding of the UKs position over time. A calculation task to further consolidate understanding of how debt is calculated. A few video case studies to contextualise understanding, true or false questions, research task and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This triple lesson brings together students’ understanding of macroeconomics from the whole course with a focus on fiscal, monetary and exchange rate policies, as well as supply side policies and direct controls. This could be delivered in a student led way, students present what they’ve learnt back to the class and then go through the slides and fill in any gaps in knowledge. Lots of video case studies for students to contextualise the macroeconomic policies. True or false quiz questions to consolidate understanding. A kahoot quiz on Theme 4 and a box plenary to finish with! Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the world of taxes. We start by discussing what a tax is, types of taxes in the UK and the categories of taxes such as progressive, proportional and regressive taxation. An engaging story video on progressive taxes to highlight what it is and an evaluation. We look at VAT with some charts and graphs to contextualise it before looking at current income tax rates. We discuss the economic effects of changes in direct and indrect tax rates on other variables with examples and thought provoking questions. A 4 mark question with a model answer and video case studies with exam style questions to further prepare students for exams. Some true or false questions, mix and match, research task and stimulating debate questions. Two kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on students understanding of the balance of payments from Theme 2, we now look at the financial and capital account as well as the current account. We start by recapping what the BoP is, some context given on surplus and deficits before we look at the causes and consequences of current account deficits. A group task for students to come up with policies to reduce a current account deficiit before we go through a range of strategies to address deficits in the BoP. Video case studies to stimulate discussion and debate. True or false questions, followed by a box plenary and a kahoot quiz. Colourful, concise and engaging slides! Thank you

This free lesson introduces learners to international competitiveness. We look at the importance of unit labour costs and export prices in determining the level of competitiveness of a nation. We go into some more detail and look at what the World Economic Forum looks at to determine international competitiveness. Pros and cons of being internationally competitive is discussed. Some video case studies to use as exam questions, true or false questions and a research task to contextualise the topic furhter. 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 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 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 double lesson introduces learners to the two types of poverty in Economics. We start by finding out what poverty means to students before into the details of absolute and relative poverty. We look at some engaging and informative facts/videos on poverty to a get a better undetstanding of poverty in the world and in the UK over time. We then go on to discuss the causes of changes in poverty. Some true or false questions and a debate task to consolidate learning and a research task to further contextualise understanding of this interesting topic. A box plenary and kahoot quiz to finish with, with some links to extra watching/reading. 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 factors which influence the growth and development of a country. There are quite a few factors on the specification so this could be delivered as a student-led task to research two factors per pair. We then feedback what students have found out but also go through each factor on the board to fill in any gaps in knowledge or clear misconceptions. This ought to help go through the spec requirements quicker and more effectively. We also look at non-economic factors such as corruption, war and disease. 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 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 builds on learners understanding of market failure from year 12, but now we focus on failure in the financial sector. A very interestesting topic due to the application of the financial crisis. We start by recapping what market failure is and how banks fail. We then look at the 2008 financial crisis to understand what happened. Examples of different market failures are given, video case studies to help students contextualise. A 15 mark question on whether banks should be bailed out, indicative points and a peer assessment grid is included for students to use. A research task, some true or false questions to consolidate, a debate, box plenary and kahoot to finish with. A link to a documentary for homework too. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the concept of specialisation with an emphasis on comparative advantage. We start by looking at what specialisation is with examples of what some countries specialise in. We then look at a basic example of two countries producing two goods to really break down the concept of absolute and comparative advantage in an engaging way. We then look at this could be illustrated on a diagram. Some short answer exam questions for consolidation. We then look at the assumptions this model makes before having a break. We then look at a case study on Brazil, an exam style question with a model answer to peer assess using the marking grid. We finish off with a box plenary. Colourful, concise and engaging slides! Thank you