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 free lesson introduces learners to the reasons for a business to stay small, we start with a brewery discussion that provides a personal service. We then look at the reasons for staying small, a short pair task followed by a concise case study on Vision Spring - this includes a 4 mark question with a model answer to peer assess against the criteria. We then go on to look at a case study of a small firm that provides clothes to men that live a fast paced lifestyle, a group presentation task can be used to answer this and then from the feedback, students can answer it as a exam style question, a concise model answer is included to compare and improve. Colourful, concise and engaging slides! Thank you

This free lesson introduces learners to the different types of economic systems that exist. We start with learning about ‘the invisible hand’ to introduce the free market economy. Students have a guided research task to find out more about the two types of economies, this can be fed back as presentations before the class can be split into two for a debate on how countries should be governed (or not governed). A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you Complete 1.1 bundle is available in shop

In this free lesson we look at a case study on Lucozade attempting to challenge Coca-Cola in the USA, students then attempt a question on this, with guidance on how to achieve marks for knowledge, application, analysis and evaluation. Once they’ve answered, we look at an example model answer which students can aspire to when peer assessing and making improvements. A case study on Mark’s & Spencer entering India, again with guidance and and a model answer for students to look at for marking. If this lesson saves you time and helps your students, why not have a look at other Theme 4 lessons? Colourful, concise and engaging slides! Thank you - Please leave a review if you are happy with the download :)

Note: this download is a digital sample only, the physical product can be purchased at Mr. Zee’s Resources Introducing the ultimate Edexcel A-Level Economics flashcards! This pack consists of 200 flashcards, with questions on one side and answers on the other. Packed with vibrant colors, short and snappy questions based on the specification and captivating images that link with the text, helping to create meaningful connections for better recall. All this makes for a powerful revision aid - for a fun and efficient way to reinforce key concepts/theories and boost retention. Produced by a current examiner and teacher. Topics covered include: 1.1 Nature of economics 1.2 How markets work 1.3 Market failure 1.4 Government intervention 2.1 Measures of economic performance 2.2 Aggregate demand (AD) 2.3 Aggregate supply (AS) 2.4 National income 2.5 Economic growth Friends and family can also join in on the learning fun by quizzing! Thank you

This resource can be used as a revision lesson for GCSE Business. The aim is to help consolidate key terms by playing a game. This could be used for remote learning if the document is sent out to players but ideally it would be in class with the cards cut out in a deck. 1 In pairs or teams - have at least one describer and one or more guessers 2 Roll the dice and look at the colour the dice lands on 3 The describer picks a card from the deck and demonstrates the key term to the guesser 4 The guesser has 30 seconds to guess the word 5 If correct, team goes again, if not, the next team rolls the dice 6 First team round the board three times wins (Note: the game can be adapted i.e. if no dice, you can just go in order i.e. first card marketing, then external influences etc.) 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 builds on students understanding of government interventions, we look at some possible impacts of intervention on profits, efficiency, quality and choice. Two links to kahoot quizzes on theme 3 topics to finish with. Colourful, concise and engaging slides! Thank yo

This double lesson introduces learners to the role of central banks in an economy. We start by looking at some notable central banks around the world to stimulate interest. We then look at the Bank of England in more detail before discussing the key functions of central banks such as implementing monetary policy, banker to the government, banker to the banks and regulation in the banking industry, particularly after the 2008 financial crisis. Some true or false questions to consolidate knowledge, videos, research and debate task, kahoot quiz and box plenary to finish with. 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 lesson introduces learners to Economics as a social science, we ask students what Science is and what they do in their Science lessons before explaining what a social science is and the importance of Ceteris Paribus in Economics. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to scenario planning, the last lesson for theme 3! We start by looking at some scenarios where unexpected events have occured, which impact businesses adversely, we then go on to look at general scenarios that can have huge impacts on businesses and their operations, before looking at a case study on Shell, they have been creating scenario plans for a long time, and actually have a scenario plan up till the year 2100!. A kahoot quiz on all of theme 3 to consolidate and enjoy. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of rational vs emotional decision making, we emphasise the importance of rational decision making but acknowledge that as humans we don’t always use logic in making every decision. 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 builds on learners understanding of macroeconomic equilibrium, we look at the word means and how it looks like on a diagram (with both LRAS types). We look at two scenarios, one of England hosting the world cup in 2020 and the other being the latest budget announced by Rishi Sunak in 2021 - students discuss the effects of this on the macroeconomy. A research task and we end with a box plenary. 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

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 lesson introduces learners to the causes of economic growth, we start by looking at what growth is by differentiating between actual and potential growth. We look at different ways to show growth through step by step diagrams. We watch a few videos for context on economic growth and the export-led economic growth of Bangladesh. Colourful, concise and engaging slides! Thank you

This lesson builds students understanding of the elements of the trade cycle, we start with a recap on output gaps before looking at the trade cycle, a basic example going onto a real GDP growth graph. We identify the differences between the four stages before watching a video on the impact of the recession created by COVID-19. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to positive and normative statements. We start by looking at why positive statements are important in Economics. We go through a few examples of statements to consolidate students understanding of these two before students independently separate a collection of statements, answers are provided on the powerpoint. Colourful, concise and engaging slides! Thank you