This lesson focuses on the four alternative theories of the firm. The lesson re-caps on the main theory of the firm; profit maximization and then looks at four other potential aims for a firm: Revenue maximisation Sales maximisation Managerial theory Organisational theory Each alternative theory of the firm has clear theory, diagrams and examples. I have also included a past exam style question and a mark scheme. I have included a teacher and student copy of the PPT. This lesson is perfect for A-Level Economics.

A nice lesson that covers the economic problem. The lesson looks at scarcity and choice and how resources are allocated. The lesson looks at opportunity cost and includes a nice task on this topic. I have also included a Mars Bar utility task which will keep students engaged. I have also included a keyword scramble and a nice factors of production gap fill task. I have also included a nice worksheet based on topics around the economic problem - this worksheet includes matching tasks, gap fills and questions. I have also included a student version of the lesson. This lesson can be used for either GCSE or A-Level Economics. Lesson aim: Students will fully understand the economic problem and how resources are allocated.

This lesson at the difference between income and wealth and how this has a major impact on the distribution of income in the UK. The lesson aims to help students cover the following objectives: * Students will fully understand the difference between income and wealth and how it can impact inequality in the UK. * All Students will understand the difference between income and wealth * Most Students will understand and be able to analyse the different factors that cause an unequal distribution of income and wealth in an economy * Some students will be able to answer a past exam question. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice whiteboard starter activity and a brief re-cap on elastic and inelastic supply of labour tick sheet. I have also included a nice worksheet that gets students to fully look at the clear difference between income and wealth. Students also look at the main causes of inequality in the distribution of income & wealth in the UK. The lesson concludes with a past exam style question - with a useful template to help answer the question properly. I have included a nice worksheet that follows the PPT very carefully. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and how their is clear inequality in the UK and the World. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 1 of 4 covering poverty and the inequality of the distribution of income.