The resource explins the mixed economic system
It describes government intervention to address market failure -
Definitions, drawing and interpretation of appropriate diagrams showing
the effects of three government microeconomic policy measures:
maximum and minimum prices in product, labour and foreign exchange
markets; indirect taxation; and subsidies.
Definition only of government microeconomic policy measures:
regulation; privatisation and nationalisation; and direct provision of
goods.
The effectiveness of government intervention in overcoming the
drawbacks of a market economic system. Prepared for IGCSE Economics.
The resource is made for Business studies and Economics IGCSE. It
describes the concept and importance of globalization and the reasons for it
• Opportunities and threats of globalisation for businesses • Why
governments might introduce import tariffs and import quotas. Reasons for
the importance and growth of multinational companies (MNCs): - • Benefits
to a business of becoming a multinational and the impact on its stakeholders
• Potential benefits to a country and/or economy hosting a MNC, e.g. jobs,
exports, increased choice, investment • Contains Class activities.
The resource is a power point . It is made for IGCSE Economics. It explains demand for Factors of production and production and productivity…It shows what demand for factors of production means, the difference between capital intensive and labour intensive productions.It shows the advantages and the disadvantages of each. Contains class activity and test
This resource explains the concepts of production possibility curve , scarcity and opportunity cost in economics. It demonstrates the difference between government and private spending,choices and diminishing returns.Contains class activities , diagrams , graphs and illustrations and questions for assessment
This is an instructional material on Trade Protectionism. It explains what it means, arguments are presented on it pros and con and how government involve in trade protectionism. The resource gives examples of trade protection, its consequences and more. Contains interactive questions and answers.
This resource explains the meaning of Monetary policy in Economics. The resource is prepared for IGCSE Economics and Business Studies . It contains illustrations and interactive questions. It explains Monetary supply measures and uses of monetary measures.etc.
The resource is made for Economics and Sociology. The resource explains the concept of globalization.It explains the origin and its effect on society , economy and the positive and negative changes it brings. The resource explains the difficulty / challenges encountered in the global system and how it transforms the society.It explains how the concept affects politics and culture, and communication as the driving force of globalization and more.
This resource is a power point lesson on employment and unemployment. It explains different levels and types of employment and unemployment.It explains the changing patterns of employment and and consequences of unemployment. The resource contains interactive questions, illustrations and more.
This resource explains is made for Economics KS4. The resource explains the meaning of Price Elasticity of Demand and supply. The resource contains illustrations, graphs, classwork and interactive questions.
The resource explains the theories of modern and post -modern theory. The resource shows stages of development , using Rostow’s model of development. It explains the neo- modern theories and uses illustrations to show why some countries are less developed than others , and what they need to do to become developed.
The resource explains the meaning of development. Different aspects of development and how development is measured.It explains that
Quality of life isn’t the same as standard of living .It shows human development and other development indicators, contrasts in development and differences between MEDC’s and LEDC’s.Explains per capital income and how it s measured.Contains maps and illustrations.Made for Geography IGCSE.
This resource is made for KS4 Economics. you will be able to:
Discuss the importance of studying economics
Explain the relationship between production and division of labor
Evaluate the significance of scarcity. And why we study Economics. Contains activities.
This resource explains the differences between market orientation and sales orientation. It explore the differences between market orientation and sales orientation.and t the meaning of customer value, customer satisfaction, and relationship marketing.Prepared for IGCSE Economics KS4.
The lesson is prepared for Economics KS4. It explains-The difference between the two terms. The causes of poverty including unemployment, low
wages, illness and age. Policies to alleviate poverty and redistribute
income - Policies including those promoting economic growth,
improved education, more generous state benefits, progressive
taxation, and national minimum wage.
‘Class Activities and Multiple Choice Questions’ ‘Answers Provided.’
The resource is made for Economics IGCSE. It explains why market fail and Social Cost Benefits.The resows shows the meaning od Pareto efficiency, how government can control market failure, consequences of market failure and merits of free market system. I explains private social cost benefit, externalites, cost benefit analysis, argument in favour of private spending,characteristics of public goods, resource conservation and using resources.
At the end of the lesson, students should be able to:This resource is made for Economics IGCSE.
Define absolute and relative poverty The difference between the two
terms. The causes of poverty The causes of poverty including
unemployment, low wages, illness and age. Policies to alleviate poverty
and redistribute income.Structured Questions provided with Answers at the end of the presentation.
Prepared for IGCSE Econonics on : Define and explain the nature of the economic problem (finite resources and unlimited wants). • and the factors of production (land, labour, capital, enterprise, with examples ). • Define explain mobility of the factors of production and the influences on the mobility of the various factors. • Quantity and quality of the factors of production - The causes of changes in the quantity and quality of the various factors.• ‘Class Activities,’ ‘Multiple Choice Questions’ and ‘Structured Questions’. ‘ Answers ’ Provided.
The resource is for Economics IGCSE. At the end of the lesson, students should be able to:Identify and explain causes of price changes - Changing market conditions as causes of price changes. Identify and explain consequences of price changes - Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales. ‘Class Activities’ and Solutions.
The resource is made for IGCSE Economics.
At the end of the lesson, students should be able to :Define Globalization. Identify the role of multinational companies MNCs and the costs and benefits to their host and home countries. Identify and explain the benefits of free trade - the benefits for consumers, producers and the economy in a variety of countries. Methods of protection - tariffs, import quotas, subsidies and embargoes. Reasons for protection - Including infant industry, declining industry, strategic industry and avoidance of dumping. Consequences of protection - Effectiveness of protection and its impact on the home country and its trading partners.
‘Debate topic.’ ‘Class Activities’ with ‘Answers.’