This resource is made for Business Studies and Economics IGCSE
At the end of the lesson, Students should be able to:
Characteristics of successful entrepreneurs
• Contents of a business plan and how business plans assist entrepreneurs
• Why and how governments support business start-ups, e.g. grants, training.
Do the Class Activity and Case Study Questions with Answers at the end of the presentation.
This Resource is made IGCSE Economics. At the end of the lesson, students should be able to
•
Define price elasticity of supply (PES).
•
Calculate PES using the formula and interpreting the significance of the result.
•
Draw and interpret supply curve diagrams to show different PES.
•
Determinants of PES - the key influences on whether supply is elastic or inelastic.
•
Significance of PES - the implications for decision making by consumers, producers and government. ‘Class Activities.’
At the end of the lesson, students should be able to:
D efine price elasticity of demand (
C
alculate PED using the formula and interpret the significance of the
result. Draw and interpret demand curve diagrams to show different
PED. Determinants of PED (key influences) on whether demand is elastic
or inelastic. PED and total spending on a product/revenue The
relationship between PED and total spending on a product/revenue,
both in a diagram and as a calculation
S
ignificance of PED (implications) for decision making by consumers ,
producers and government . Class Activities.’
Prepared for Economics IGCSE. At the end of the lesson, students should be able to:Describe specialisation at a national level - The basis for specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods. Identify and evaluate the advantages and disadvantages of specialisation at a national level - For consumers, firms and the economy.
Class Activities with Answers.
At the end of the lesson, students should be able to:
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
Identify and evaluate differences in economic development between
countries. Causes and impacts of differences in income; productivity;
population growth; size of primary, secondary and tertiary sectors;
saving and investment; education; and healthcare.
‘Class Activity’ ‘Multiple Choice Questions’
with Answers
Identify and explain the monetary
policy measures changes in interest
rates, money supply and foreign exchange rates. I dentify and explain the
effects of monetary policy How monetary policy measures may enable the
government to achieve its macroeconomic aims. D efine supply side policy
I dentify and explain supply side policy measures Examples include
education and training, labour market reforms, lower direct taxes,
deregulation, improving incentives to work and invest, and privatisation.
I
dentify and explain the effects of supply side policy measures How supply
side policy measures may enable the government to achieve its
macroeconomic aims.
‘Class Activities’ with Answers.’
At the end of the lesson, students should be able to:
Define inflation and deflation. - Measure inflation and deflation using the
Retail Prices Index (RPI).
Explain - causes of inflation: demand-pull and cost-push. Causes of
deflation: demand-side and supply-side.
Consequences of inflation and deflation - for consumers, workers, savers,
lenders, firms and the economy as a whole. Range of policies to control
inflation and deflation and how effective they might be.
‘Class Activities’ & ‘Multiple Choice Questions’ with Answers
At the end of the lesson, students should be able to:
Define opportunity cost and give examples of opportunity cost in
different contexts. explain the influence of opportunity cost on decision
making by consumers, workers, producers and governments when
allocating their resources.
Define the Production possibility curve diagrams (PPC), draw and
interpret appropriate diagrams. Points under, on and beyond a PPC
describe the significance of the location of production points. Describe
movements along a PPC and opportunity cost. Shifts in a PPC - The causes
and consequences of shifts in a PPC in terms of an economy’s growth.
Class Activities. ‘Multiple Choice Questions’ with ‘Answers.’
This resource explains Fiscal Policy and Government Spending . It explains government expenditure, planning and budgeting, It explains government revenue and taxation. It shows different forms of taxation, importance of taxation . It is prepared for Economics and Business Studies, GCSE. Contains interactive questions and activities.
This resource explains money and importance of money.It shows types of money, qualities of money and characteristics of money. It explains baking and types of banks, and the role of central bank in the economy.Prepared for IGCSE Economics.Contains illustrations and questions / activities.
This resource explains Poverty. it explains abject, relative and absolute poverty. It explains what causes poverty and how government can reduce poverty. Contains activities. Contains lesson plan on the topic.
The resource is made for IGCSE Economics. It explains the mening of PED,nd analysis of PED.The resource gives examples of PED in manufactured goods and other products. Contains activities and graphic illustration.
At the end of the lesson, students should be able to:
Explain Cash-flow forecasting and working capital. Identify and explain the
importance of cash and of cash-flow forecasting: • Why cash is important to a
business. • What a cash-flow forecast is, how a simple one is constructed and
the importance of it. • Amend or complete a simple cash-flow forecast. •
How to interpret a simple cash-flow forecast. • How a short-term cash-flow
problem might be overcome, e.g. increasing loans, delaying payments, asking
debtors to pay more quickly. Working capital: • The concept and importance
of working capital
Answer the Questions provided with Answers at the end of the presentation.
This resource is prepared for GCSE Economics. It explains employment and Unemployment. It shows different types and levels of employment and unemployment.It explains causes/ reasons for unemployment, and how government can reduce unemployment.Contains activities and multiple choice questions for Class Activities.
This resource explains the gap between developed and underdeveloped economy, third world and first world interpretation of developed and underdeveloped economy. The resource explains , why there are gaps between underdeveloped and developed nations using Rostow’s modernization theory. It explains cultural barriers that inhibits development, using Africa , Asia , and Latin American nations to show why capitalism and industrial system are collapsing and explains collectivism and individualism, in the context of development.
The resource explains the meaning of recruitment, job selection and training. It shows the duties of Human Resource Department, work force planning,and welfare planning. The resource explains the process of selection and training , internal and external selection of employees, job specification, types of training, part and full time employment, basic selection criteria etc.
This resource explains the impact of over population and how to solve it. Prepared for Global Perspective, for IGCSE. It explains why overpopulation occurs and its impact .the resource gives highlights on how to tackle the social problem
The resource is made for IGCSE Economics and Business Finance.It explains Business ins the meaning of the title including reasons and methods of financing businesses.It also looks t short and long term loans.
At the end of the lesson, students should be able to:• 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.
Prepared for IGCSE KS4 Economic. At the end of the lesson, students should be able to:
D efine the mixed economic system. Describe 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 . Definitions only of; government microeconomic policy
measures: regulation; privatisation