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George's Marvellous Business Studies & Economic Resources

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
Exchange Rates
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Exchange Rates

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Students will understand the key economic theory of exchange rates. Students will learn what exchange rates are, how they are calculated and how they can impact economies and why they are so important. Students will learn the pros and cons of having a weak and strong currency. The lesson also introduces supply and demand of exchange rates with diagrams and examples. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets
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Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets

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This detailed lesson helps students fully understand 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). 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 looks at the clear difference between internal and external economies of scale. I have focused many tasks throughout this lesson that helps students fully understand the concept of economies of scale. The lesson also looks at diseconomies of scale in a lot of detail. I have also provided a great task based on Mega Dairies in the UK and how they hope to benefit from economies of scale - this includes a number of great video clips and an excellent worksheet that could be used in a group activity. This lesson could easily stretch across 2-3 hours of teaching. A great lesson which would be perfect for GCSE Economics and also useful for A-Level.
Market Failure – Positive & Negative Externalities
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Market Failure – Positive & Negative Externalities

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Students will understand the key economic theory of market failure and positive and negative externalities. Students will learn about how externalities can impact an economy with many examples, of both positive and negative externalities. Students will learn about the free rider problem and how taxation can help different externalities. The lesson includes tasks, examples and videos.
Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks
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Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks

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A bumper lesson that includes all the key theory for the four main market structures in economics. The lesson covers theory, examples and tasks for the following market structures; perfect competition, monopolistic competition, oligopolies, duopolies (not essential, but fascinating) and monopolies. The lesson has a nice worksheet that when filled in (answers sheet provided) students will have a great summary sheet on the four main market structures. I have also created a nice task where students need to guess which market structure each business would likely fall under (answers again provided). This lesson is a great introduction to the various market structures and could be adapted for AS Level Economics.
The Circular Flow of Income
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The Circular Flow of Income

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Students will understand the key economic theory of the circular flow of income. The lesson reflects on value added and national income. The lesson also includes theory the difference between nominal and real data and the goods and factor markets. The lesson includes a clear run through of how the circular flow if income is connected, and the different leakages and injections into an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
Exchange Rates
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Exchange Rates

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Students will understand the key economic theory of exchange rates. The lesson covers what a trade-weighted index is and fixed and floating exchange rates. The lesson also covers the supply and demand of exchange rates and how governments can influence them. The lesson also looks at The Marshall Lerner Condition and the J-Curve effect. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Taxes - Direct & Indirect Taxes - Economics - Presentation & Worksheet - GCSE - Micro & Macro
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Taxes - Direct & Indirect Taxes - Economics - Presentation & Worksheet - GCSE - Micro & Macro

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A bumper lesson that covers taxes. This includes theory on how taxes work and the different types of taxes in the UK. The lesson looks at how a change in taxes can impact a supply curve. The lesson looks at how both ad valorem and specific taxes work. I have included a nice supply curve task on calculating an ad valorem tax. I have included many examples. The lesson has many exam style questions to help test students knowledge. I have also included a nice worksheet on taxes. Perfect for Economics at GCSE level.
Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet
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Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet

(1)
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.
Price – Allocation of Resources, Market Forces & Supply & Demand Diagrams
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Price – Allocation of Resources, Market Forces & Supply & Demand Diagrams

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This detailed and engaging lesson continues the key theory behind price, the allocation of resources and supply and demand practice. This includes the role of markets and how resources are allocated. The lesson covers what market forces are with examples. The concept of the Invisible Hand Theory by Adam Smith is also covered. The lesson finishes with supply and demand diagram questions and how price is impacted. Main Aim: Students will understand how resources are allocated and how that can impact price. Students will also learn how market forces impact price and reflect on the Invisible Hand Theory.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
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Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

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A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics
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The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

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A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students. I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. Students will learn about imports, exports and the advantages of comparative advantage. Students will also learn the more general benefits and drawback of international trade and protectionism. The lesson also includes info on the WTO. The lesson includes tasks, examples and videos.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

(1)
A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of fiscal policy. Students will learn about the difference between government spending and government taxation. Students will learn about the different types of taxes and how much money they generate for the economy. The lesson also looks at why government set taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

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A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
Government Policies to Correct Externalities / Market Failure
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Government Policies to Correct Externalities / Market Failure

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Students will understand the key economic policies to help increase the consumption of positive externalities and lower the consumption of negative externalities. These include indirect taxes, subsidies, laws and regulations, government campaigns, nudges and state provision. The lesson includes tasks, examples, exam style questions and videos.
Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets
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Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets

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A bumper selection of resources to help teach private limited companies and public limited companies. I have included a detailed presentation on the main theory of both LTD’s and PLC’s. The lesson looks at the clear advantage of having limited liability over unlimited liability. The lesson also looks at the clear pros and cons of both types of incorporate companies. I have also included three useful worksheets that can be used straight after the PPT. The first worksheet is a multiple choice quiz covering limited companies. The second worksheet gets students to work out the main pros and cons of different companies. I have also included a bumper worksheet that asks a variety of questions of the various types of business ownership (including sole traders and partnerships). This lesson is perfect for GCSE level Business Studies and could be adapted for A-Level Business Studies.
Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS
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Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS

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A bumper set of resources to help teach supply. This lesson moves on perfectly from teaching demand. The lesson covers all the main theory of supply curves and the main determinants of supply. There are numerous tasks throughout the lesson with relevant examples. I have also included a nice supply and demand worksheet based on past exam questions. There is also a great demand and supply scenario task, where students need to shift either the supply or demand curve after reading each scenario. A perfect lesson to help teach supply to economic students. Perfect for GCSE Economics and could be used for AS Economics.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

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A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.