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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.
GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR
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GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR

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Every year OCR GCSE Economics release a stimulus material that will be used in the The UK Economy & Globalisation exam (50% of final grade). Over the last three years I have dissected the stimulus material and added my own theory behind the evidence, quotes, graphs and figures. I then include exam style questions that may be asked to help prepare students for their upcoming exam. I have included 12 key revision packs that cover the key topics from last three years (2014, 2015 and 2016). To help students prepare for the 2017 stimulus material and exam these resources may prove to be very useful. They also cover key theory from the unit so may be useful as outright lessons. Some of my packs include student copies - these are slimmed down versions of the main revision packs. Each pack includes a screenshot of the key figures from the stimulus material, keywords and theory and exam style questions. Please see below for a full list of each pack: Pack 1: Balance of Payments Pack 2: Imports & Exports Pack 3: Exchange Rates Pack 4: Competitiveness Pack 5: Poverty Pack 6: Problems of Trade Pack 7: The Eurozone Crisis Pack 8: GDP Pack 9: Economic Growth Pack 10: Poverty & External Debt Pack 11: The EU & Eurozone Pack 12: Exchange Rates This bumper revision pack is aimed at OCR Economics and the The UK Economy & Globalisation exam but they may prove useful for other GCSE exam boards and even A-Level Economics.
Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4
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Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4

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This lesson looks at how poverty and inequality is linked to both the earnings and poverty trap. The lesson focuses on the earnings trap, the poverty trap, the underground trap, the underground economy and the difference between equity and equality. The lesson then looks at both horizontal and vertical equity. The lesson also looks at government policies that are designed to reduce poverty. The lesson includes lots of detailed theory, diagrams, examples and tasks. I have also included a nice gap fill worksheet. I have also included a nice starter activity on the Lorenz Curve. I have also created a nice government policy matching task. The lesson concludes with past exam style questions. I have also included a fun economics Pictionary game for the topics covered in poverty and further back in the syllabus. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and the distribution of income. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 4 of 4 covering poverty and the inequality of the distribution of income.
Production Possibility Curves / Frontiers / Diagrams (PPC) - Opportunity Cost - Economics
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Production Possibility Curves / Frontiers / Diagrams (PPC) - Opportunity Cost - Economics

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This lesson looks at production possibility curves (PPC) and how they show opportunity costs. The lesson includes lots of examples, diagrams and tasks to really help explain this topic. The lesson includes numerous video clips to help consolidate the learning. I have included a group task to make this lesson more engaging. This lesson is perfect for either GCSE or A-Level Economics. Lesson Aim: Students will fully understand how to analyse and draw production possibility curves.
Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics
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Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics

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This detailed lesson looks at government intervention in the economy using buffer stocks. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: Government price controls Buffer stocks The short-run fall in agricultural prices Buffer stock supply and demand Problems of buffer stocks Lesson Aim: Students will understand the various ways a government can impose price controls including buffer stocks. I have included a student copy of the lesson to work alongside the main PPT. I have also included a great worksheet based on the corn industry and how a buffer stock could be used. A perfect lesson for A-Level Economics.
Fair Distribution of Income, Wealth & Inequality
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Fair Distribution of Income, Wealth & Inequality

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This detailed and engaging lesson covers the key theory behind inequality and how income and wealth is distributed. This includes the different forms of income and wealth and how they are distributed. The lesson looks at how incomes are unevenly distributed and what economic impacts this can lead to. The lesson includes many tasks, worksheets, videos and activities throughout.
Poverty & The Unequal Distribution of Income & Wealth
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Poverty & The Unequal Distribution of Income & Wealth

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This detailed and engaging lesson covers the key theory behind poverty and how income and wealth is distributed. This includes the different forms of poverty and the impact this can have on an economy. The lesson also looks at pay day loans and how they had a big impact on society – leading to a high mark exam question. The lesson includes many tasks, worksheets, videos and activities throughout. The lesson also includes a nice group work activity to help consolidate the key theory.
Influences & Evaluating Exchange Rates
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Influences & Evaluating Exchange Rates

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Students will understand the key economic theory behind the main influences on exchange rates, such as inflation, interest rates, competitiveness and the balance of payments. Students will learn how to effectively evaluate exchange rates, and how they impact consumers and producers. The lesson includes tasks, examples and videos.
Economic Growth & Development
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Economic Growth & Development

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Students will understand the key economic theory of economic growth and development. The lesson covers the characteristics of less developed economies, the main indicators of development, and the main factors affecting growth and development. The lesson also covers the government policies to promote economic growth and development. 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.
Globalisation
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Globalisation

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Students will understand the key economic theory of globalisation. The lesson covers what causes globalisation, the characteristics of globalisation and the consequences of globalisation. The lesson also covers the role of MNCs on making the world more global. 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.
Inflation, Price Stability & Deflation
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Inflation, Price Stability & Deflation

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Students will understand the key economic theory of inflation, price stability and deflation. The lesson covers inflation, hyperinflation, disinflation, reflation and much more. The lesson covers the equation of exchange, the quantity theory of money and the Fisher Equation of Exchange. The lesson also covers the consequences of inflation and deflation and whether deflation can ever be good for an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Short-Run Aggregate Supply (SRAS)
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Short-Run Aggregate Supply (SRAS)

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Students will understand the key economic theory of the short-run aggregate supply curve. The lesson cover show aggregate supply is calculated and how it can be show on AS curves. The lesson covers how AS curves can move and shift. The lesson includes deep theory, many tasks and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a great task at practising AD/AS curves and predicting shifts in curves.
Monopolies & Competitive Markets - Economics - Microeconomics - PPT, Quiz & Worksheet - GCSE & AS
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Monopolies & Competitive Markets - Economics - Microeconomics - PPT, Quiz & Worksheet - GCSE & AS

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A bumper lesson that covers monopolies and competitive markets. The PPT leads up to a past GCSE exam question (can easily be edited for AS standard) and helps students understand the various pros and cons of both monopolies and competitive markets. I have included a nice multiple choice quiz and a worksheet used throughout the PPT. The PPT has lots of tasks throughout and uses up to date examples and key information.
Assessment Centre - Fun Lesson on Recruitment - People in  Business Group Task - GCSE
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Assessment Centre - Fun Lesson on Recruitment - People in Business Group Task - GCSE

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A nice fun group work lesson that helps cover recruitment. This lessons helps turn your classroom into an assessment centre. The lesson will put students into a candidates shoes, where they will be expected to complete numerous tasks before an overall candidate is given the key job (the best student on the day). The lesson first looks at the theory of the different ways candidates can be tested. Students will the have to complete an aptitude test (I have included 2, choose which one you want to use). You then start the group task - this is done to see which team works the best and who creates the biggest straw tower. Resources will obviously need to provided by the teacher. The teacher then fills in the grading sheet and announces which candidiate(s) have impressed the most and gets the job. A nice fun lesson that works really well straight after teaching the recruitment process. Perfect for engaging GCSE Business Studies students.
Quality Control & Total Quality Management (TQM) - Operations - Business Studies - PPT & Worksheet
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Quality Control & Total Quality Management (TQM) - Operations - Business Studies - PPT & Worksheet

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A detailed lesson on teaching quality control and the benefits and drawbacks of a firm adopting Total Quality Management. The lesson also looks at what makes a quality product , the benefits of producing a quality product and how quality can be measured. The lesson has nice clear theory and includes relevant examples. I have also included a detailed worksheet on the theory covered and other areas of operations. This lesson is perfect for GCSE Business Studies but could be adapted for A-Level Business Studies.
The National Minimum Wage & Mobility of Labour - Economics - Labour Markets - GCSE
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The National Minimum Wage & Mobility of Labour - Economics - Labour Markets - GCSE

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A detailed lesson on the National Minimum Wage and the mobility of labour. This lesson continues with the labour markets and covers two important topics. The lesson starts with key theory on the National Minimum Wage, the PPT looks at the pros and cons of the NMW and introduces the National Living Wage. The lesson includes the latest minimum wage figures and can help bring up a great discussion with your class on how income is distributed across the UK. The lesson then continues by looking at how mobility of labour and the immobility of labour can have a huge impact on the labour market. The lesson looks at both geographical and occupational mobility and immobility of labour. The lesson finishes with numerous questions on the topics covered in the PPT. This lesson is perfect for GCSE Economics and could easily be adapted for A-Level standard.
Break Even Analysis - Calculations, Theory & Graphs - Business Finance - A-Level / GCSE
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Break Even Analysis - Calculations, Theory & Graphs - Business Finance - A-Level / GCSE

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A really detailed lesson (that could easily span over 2-3 lessons) on break-even. The lesson looks at the key theory behind break-even and how it is calculated. The lesson has loads of tasks throughout and gets students to complete tables, graphs and formulas to calculate a businesses break-even point. A great lesson includes a student handout which can be printed and used alongside the overall lesson PPT. The lesson includes examples and great revision tips on a potentially difficult financial topic. Perfect for both A-Level and GCSE Business Studies.
A-Level Economics - How to Answer a 25 Mark Question - Is Economic Growth Always Good?
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A-Level Economics - How to Answer a 25 Mark Question - Is Economic Growth Always Good?

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This concise and clear PPT allows students to work through an exam style essay question. Students will understand how to structure a 25-mark essay based exam question through the skills of knowledge, analysis, application and evaluation. They will learn how construct PECAN PIE paragraphs and how to access all AO’s effectively. The lesson is centered around the following question: Is Economic Growth Always Good for an Economy? This lesson will work perfectly after covering economic growth in either year 1 or year 2 of macroeconomics. I have also included a corresponding worksheet, where students need to highlight, and peer mark an existing exam answer, whilst highlighting which AO’s have been met and how the answer could be improved. I have also included a nice PECAN PIE template for exam assistance for this and future questions. I have also included a simple key theory sheet which can be given out to students to help them access the question. The lesson includes a nice starter, main and plenary task. This lesson could easily stretch over 2 hours.
Employment & Unemployment - Year 2 A-Level Macro Economics - Whole Lesson
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Employment & Unemployment - Year 2 A-Level Macro Economics - Whole Lesson

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An in-depth look at how unemployment can impact an economy. This lesson looks at voluntary and involuntary unemployment in a lot of detail. Lesson Aim: Students will understand the different types, consequences and impact of unemployment to an economy. The lesson covers the following topics: The Causes of Real Wage Unemployment The Natural Rate of Unemployment Factors Determining the Natural Rate of Unemployment Reducing the Natural Rate of Unemployment NAIRU The Consequences of Unemployment Hysteresis & Unemployment The lesson includes exam style questions, examples, diagrams, a research task and a fun end of lesson game. This detailed PPT will easily last 2 hours and will give students a real understanding of how unemployment impacts an economy.
The Economic Problem - GCSE Economics
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The Economic Problem - GCSE Economics

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This detailed and engaging PPT covers the economic problem. The lesson reflects on how the economic problem impacts consumers, producers and governments. It also looks at sustainability and choices. The lesson also looks at the 3 key questions linked to the economic problem; what to produce, for whom to produce and when to produce. The lesson includes lots of engaging tasks, key theory, tasks and relevant examples. Main Aim: Students will understand the main economic problem. Students will understand the 3 main questions linked to the economic problem, what is sustainability and how it can impact consumers, producers and governments.