Notes, slides and activities.
This lesson (approx. two lessons) focuses upon the limitations of GDP when comparing two different economies, which brings about a need for PPP (purchasing power parity).
Students are taught to calculate PPP and PPP per capita.
Also included is an excellent article regarding the future of economic growth and global superpowers in 2050.
In addition, this set of lessons covers the small topic ‘trade (business) cycle’.
Slides are engaging, colourful and construct diagrams using a step-by-step method, so that concepts are more accessible for students.
Teacher written notes are specific to Edexcel and expand upon the content in the slides.
Resources use contemporary, real-life examples to bring the theory to life.
COPYRIGHT INFORMATION ©
All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint.
All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.
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