This detailed lesson helps introduce economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). This will get students thinking about mass production.
The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also introduces diseconomies of scale. There are a number of relevant video clips to help give some great examples. A great lesson which would be perfect for GCSE Business Studies.
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An excellent resource which I used for an online lesson and it helped me get out of a scrape because I had left the planning a bit late due to other commitments over this pandemic and the difficulties of managing home life and professional life - so thank you!
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