This resource is a quick and engaging activity designed to assess students’ understanding of business concepts. It works like a game, where students choose a number from 1 to 9 and attempt to answer the corresponding question or define a key term. The format is designed to be fun and interactive, making it a great starter or plenary activity for your business class. Business Economics Playground

So, imagine the labor force as a big pool of people ready to work. But just like a pool, there are sometimes waves and ripples that can cause some people to be out of the water. These waves are called unemployment. This 43 slide lesson is going to break it all down! We’ve got different types: the slightly lunmotivated ones (structural), the seasonal ones (cyclical), and the unlucky ones (frictional). To fix this, we need to smooth out the waves, train the slightly umotivated ones, and help the unlucky ones find their sea legs. Oh, and there’s this guy named Philips who discovered that there’s a trade-off between unemployment and inflation. Business Economics Playground

This comprehensive 32 slide lesson dives deep into the supply-side of the economy. Starting with a hands-on exploration of China, it guides students through various supply-side policies using engaging examples and activities. From interactive learning aids to expert challenges, students will develop a solid understanding of how government policies can impact the supply in an economiy and ultimately economic growth. Business Economics Playground

Ever wondered why some countries are swimming in gold while others are struggling to make ends meet? In this eye-opening 33 slide lesson, we’ll uncover the secrets behind the global wealth divide. We’ll explore the three key indicators—GDP, GNI, and HDI—that paint a clearer picture of a nation’s prosperity. Get ready for some data-filled landscapes and thought-provoking discussions through the use of video. Business Economics Playground

"All materials not originally created by Michelle O Looney are used with permission or under fair use guidelines.¨ Action-packed lessons: Forget dry lectures, these engaging activities (think props, games, and even a space adventure!) will have students clamoring for more. Catchy titles: Each lesson boasts a title that sparks curiosity and sets the tone for the learning journey. Crystal-clear learning objectives: Students know exactly what they’ll achieve by the end of each session. Engagement for all: This resource caters to different learning styles, ensuring no student gets left behind. The best part? You don’t need to scour the internet for hours. This comprehensive scheme of work has it all, meticulously researched and ready to use. Business Economics Playground

This resource is a demand-packed powerhouse! It’s got everything you need to turn your students into demand experts. From auctioning chocolate bars to dancing through demand shifters, this 43-slide presentation is a fun and easy way to master demand curves and their movers and shakers. Plus, a handy handout keeps students on track. Get ready to watch demand soar in your classroom! Business Economics Playground

This 27 slide lesson delves into the multifaceted issue of poverty, examining its definitions, types, and underlying causes. Students will critically analyze the government’s role in poverty alleviation through the lens of supply-side policies. To enhance understanding, students will engage in a documentary analysis (optional) and explore the significance of initiatives like Challenge Poverty week. This comprehensive approach aims to foster a nuanced perspective on poverty and inspire thoughtful discussions about potential solutions. Business Economics Playground

Economies and diseconomies of scale can be real head-scratchers for students. To help them untangle these tricky concepts, a well-structured worksheet can really help to organise thinking. Memory Aids Economies of Scale (E.O.S)- Paul Makes Fiona The Rice Diseconomies of Scale: 3Cs and a T BizEconHub

Blast off into a real-world learning adventure! Students become space explorers faced with the ultimate challenge: packing for a new planet. They’ll start by selecting essential items, but when the spacecraft’s weight limit is discovered, they must discard some items.This hands on activity helps students understand the difference between needs and wants in a fun and engaging way. Aimed to enhance critical thinking amongst students. BizEconHub

Get ready to shake things up in the classroom! This isn’t your average economics lesson. It’s a high-five-filled frenzy where students become the market! By transforming handshakes into the hottest commodity, you’ll watch as a bustling marketplace emerges, complete with eager buyers and sellers. This activity is edited from Jacob Clifford on youtube. Throw in some ‘cards as cash’ as currency and watch the trading escalate. Introduce the high-five as a sneaky substitute, and the market will react like never before. It’s like watching a real-life economic experiment unfold! And the fun doesn’t stop there. Let’s see how the market responds to a government shake-up! Introduce a maximum price on handshakes or slap on a hefty handshake tax. Watch as the market twists and turns, and students grapple with the consequences. This isn’t just an activity; it’s a market rollercoaster! Students will be so engaged, they won’t even realize they’re learning about supply, demand, equilibrium, and government intervention. It’s the perfect way to shake off the boredom and shake up their understanding of economics! Are you ready to create a classroom market that’s as dynamic as the real world? Business Economics Playground

A concise and impactful PowerPoint on opportunity cost. Ever chosen between hanging with friends and binge-watching your favorite show? That’s opportunity cost in action. Learn how to weigh your options and make the best choices (or at least feel less guilty about them) in this lesson. Business Economics Playground

In this 52-slide IGCSE economics lesson, we’ll embark on a humorous journey through the labyrinth of government finances. We’ll examine the government’s spending priorities, dissect the tricky topic of taxes—direct and indirect—and explore the delicate balance of the budget. Join us as we uncover the secrets of a good tax, according to Adam Smith, and ponder the perilous path of government deficits. Business Economics Playground

We’re robbing the economy blind…of secrets! Using the Money Heist crew as our guides, this 32 slide money heist themed lesson is aimed to crack the code on all things monetary policy such as the money supply, interest rates, and exchange rates. Think of it as planning the perfect heist, but we’re after economic knowledge. We’ll even meet the Professor of economics, Friedman, and learn why printing money isn’t always a good idea. Business Economics Playground

This 44-slide presentation includes: The WHY: Unpacking the complex reasons we choose to work, from the obvious financial motivations to the less tangible job satisfaction and personal fulfillment. Wage Wizardry: Learning how those numbers on your paycheck are determined. It’s all about supply and demand, but there’s more to it than meets the eye! Labor Market Dynamics: Understanding what makes jobs hot or not. From industry trends to government policies, discover the factors shaping the employment landscape. Wage Gaps: Exploring why some people earn more than others. It’s not always fair, but this presentation sheds light on the complex issues at play. Bonus features: Video insights: Get ready to hit play and discuss. Think tank moments: Challenge your understanding with thought-provoking questions. I would recommend doing an activity on Specialization before beginning this unit. Business Economics Playground

This 31-slide presentation is a fun and informative guide to government intervention. It breaks down complex economic concepts into easy-to-understand explanations and visuals. Level up your economics game, one slide at a time! Business Economics Playground

In this 49-slide lesson on inflation, we’re not just talking about the rising cost of living – we’re diving deep into the economic equivalent of a balloon being overinflated. From the basics of what inflation is to the complex interplay of factors that cause it, this lesson is a examines the role of money. Think of it as a financial detective story, complete with a catchy song to help you remember the CPI formula. By the end, you’ll be able to confidently distinguish between inflation, deflation, and disinflation – and you might even have a new appreciation for the humble balloon. Business Economics Playground

I have cooked up a 30-slide superhero epic where the government is the caped crusader of the economy. Trying to turn dry economic concepts into a thrilling adventure where the government has to save the day from economic villains like inflation and unemployment. And to top it off, I have thrown in some challenges to keep the students on their toes. Hope your students enjoy! Business Economics Playground

This 27 slide presentation is part 2 of the World of Work pack. Exploring how specialization can boost earnings but also limit options. It weighs the pros and cons of focusing on one skill, and examines how the minimum wage fits into the picture. Plus, you’ll get a taste of how different countries and people can benefit from specializing in what they do best. Business Economics Playground

Imagine the Earth as a crowded bus. At first, there were only a few passengers, but now it’s packed to the gills! That’s kind of like what’s happening with our planet’s population. In this 27 slide lesson we will learn about the ups and downs of people growth, like the natural rate of increase (think of it as the bus driver’s foot on the gas pedal) and the dependency ratio (the ratio of kids and old folks to working-age people). We’ll also talk about net migration (people getting on or off the bus) and the optimal population (the perfect number of people for a place). And since we’ve recently hit 8 billion passengers, we’ll ponder what the future holds: Will the bus get even more cramped, or can we find a way to make everyone comfortable? Business Economics Playground

In a mere 36 slides, this lesson magically transforms complex economics into what is hoped to be an entertaining journey. Students will effortlessly navigate the enchanting world of GDP, discovering how economies breathe and pulsate through the circular flow of income. With the help of a captivating video and a sprinkle of doughnut-fueled thought, they’ll ride the waves of the business cycle and emerge as budding economic growth wizards, armed with the knowledge of whether size truly equates to success. Business Economics Playground