George's Marvellous Business Studies & Economic Resources
Average Rating4.21
(based on 73 reviews)
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.
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.
Students will understand the key economic theory of fiscal policy, the national debt and budgets. Students will learn about the difference between budget deficit and budget surpluses. Students will learn about the income and wealth plus the pros and cons of progressive taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Students will understand the key economic theory of subsidies. The lesson covers the pros and cons of subsidies and the likely impact on the market, with supply and demand diagrams. The lesson includes tasks, examples, exam style questions and videos.
Students will understand the key economic theory of economic growth and the economic cycle. The lesson covers what is economic growth, the pros and cons of economic growth and the likely impact of economic growth to various stakeholders. The lesson also overs the stages of the economic cycle and what can cause a change in the cycle. 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.
Students will understand the key economic theory of Fiscal Policy. The lesson covers government expenditure and income through taxes. The lesson covers why governments levy taxes, the principles of taxation and the Laffer curve. The lesson also covers budget balances, deficits and surpluses and how this links to national debt. 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.
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.
Students will understand the key economic theory of the long-run aggregate supply curve. The lesson cover show aggregate supply is calculated and how it can be show on LRAS curves. The lesson covers how LRAS curves can move and shift and how this links to PPF diagrams. The lesson includes deep theory, many tasks, videos and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a great task looking at both the Classical and Keynesian models.
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.
Students will understand the key economic theory of the economic cycle. The lesson covers the economic cycle diagram and the various stages of the cycle. The lesson also covers how economic growth is impacted by the economic cycle. The lesson includes deep theory, many tasks and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a detailed revision aid.
A great lesson on teaching business ethics. The lesson starts with students asked to decide whether it is right that Nike uses sweatshops to increase profits - students write down their response on a post-it note and add it to the whiteboard. Students are then shown a great 20 minute documentary on Nike and Sweatshops (link to video included) and then they get an opportunity to change their view. This lesson then looks at the pros and cons of businesses operating ethically and how it may impact their image. The PPT includes examples of some of the least ethical businesses. The lesson then looks at the evidence of whether McDonald’s is ethical or not. Students then consolidate their learning with the 2 page worksheet. A great fun and interactive lesson that helps cover the Growing as a Business topic in GCSE Business Studies.
A bumper lesson that looks at the many different reasons people are paid different wages / salaries across the country. The lesson looks at key theory from compensating wage, different skill levels, trade unions, discrimination to the elasticity of the supply and demand of labour.
The lesson includes relevant examples to help easily explain each wage differential. The lesson builds up to a past exam question where students need to answer why doctors get paid more nurses. A perfect lesson for GCSE Economics and Business Studies and could easily be used / adapted for A-Level lessons.
A detailed lesson on the objectives of firms, the different business models, a brief introduction to the theory of the firm, satisficing and profit maximization. This is a great introduction lesson to A-Level Economics and Business Studies. This 38 slide lesson includes key theory and relevant examples. The lesson looks at the main objectives of firms - including profit maximization.
The lesson also looks at the pros and cons of typical business models such as sole traders, partnerships, LTD’s and PLC’s. I have also included a condensed student copy of the presentation which includes key theory and tasks. I have also included a nice gap-fill worksheet on the theory covered to help students reflect on the topics covered (answers included on separate document).
This lesson is perfect for A-Level Economics / Microeconomics and can also be used for Business Studies.
A detailed lesson (61 slides) looking at the various costs of a firm. The lessons has clear theory, examples and tasks (many calculation and graph based questions) for the following costs:
Fixed costs
Variable costs
Marginal costs
Average costs
Total costs
Sunk costs
Short-run costs
The lesson is perfect for Microeconomics and A-Level Economics. The lesson also includes a student version of the lesson which is streamlined and works alongside the PPT.
A great lesson that focuses on the wage differentials between doctors and nurses. The lesson is built around the following exam question: Discuss the reasons why doctors are paid more than nurses. The lesson is split into four sections and helps students know how to show 1. Knowledge, 2. Application, 3. Analysis and 4. Evaluation skills.
The lesson is a great aid to both a key labour market topic but also a brilliant way of getting students ready for their higher mark exam questions. A perfect resource for GCSE Economics and possibly Business Studies. The lesson could be adapted for A-Level Economics.
This lesson focuses on the growth of firms and looks at the many different ways a firm can grow. The lesson looks at the pros and cons of the different ways to grow and includes many tasks throughout the lesson.
This lesson covers the following topics in a lot of detail, with relevant theory, examples, videos and diagrams:
Internal growth
External growth
Horizontal integration
Vertical integration
Lateral growth
Mergers
Takeovers
I have included both a student and teacher copy of the lesson resources. I have also included a nice worksheet on the lesson that has numerous questions on the topic. This lesson is perfect for A-Level Economics and can also be used for Business Studies.
A nice introduction lesson on teaching macroeconomics to GCSE Economic students. The lesson introduces vital economic key terms and basic theory. Below is a breakdown of the lesson objectives:
All students will know the main measures of an economy
Most students will have an idea of what the UK economy is currently like
Some students will know how different factors can effect the UK economy
The lesson looks at the basics of the following macroeconomic concepts with definition, examples and valid video links:
Inflation
Unemployment
Economic growth
Gross domestic product (GDP)
Balance of payments
Exchange rates
The lesson concludes with a nice multiple choice quiz to test students on the lessons theory. Overall a good lesson that briefly looks at some the of most important topics in macroeconomics. This lesson is perfect for GCSE Economics but could also be used for AS Economics.
This lesson on inflation helps students fully understand what inflation is and how it can effect the economy. I have included enough theory that this attached lesson could easily stretch across 2-3 lessons. The lesson looks at what inflation is, how it is measured, a brief history of UK inflation, the problems of inflation and the causes of inflation. The lesson sets out to answer the following learning objectives:
All Students will know how inflation levels are measured
Most Students will know the different problems caused by inflation
Some Students will know the difference between cost push and demand pull inflation
The lesson helps students fully understand the key concepts of inflation and covers the following topics in good detail:
Inflation
Retail Price Index (RPI)
Cost push inflation
Demand pull inflation
Price stability
The 2nd lesson then goes on to link key theory to the housing market (a typical exam topic) and how inflation can impact that industry. The lesson looks to cover the following learning objectives:
All Students will know what deflation is
Most Students will know the different ways of solving inflation
Some Students will know how inflation can effect the UK housing market
The lesson concludes with various questions based on the theory covered. This lesson is perfect for GCSE Economics and could be sued for A-Level Economics.
This lesson covers some really important theory for oligopolies. The lesson will help students understand how game theory and prisoners’ dilemma impacts an oligopoly and the various pricing strategies that oligopolistic markets may use. The lesson includes various tasks, examples and clear theory and links to various video clips to help consolidate the learning. The first part of the lesson has the following learning objectives:
All Students will understand how game theory works and how it impacts oligopolies
Most Students will understand how prisoners’ dilemma can cause issues for oligopolies.
The second part of the lesson covers the following learning objective:
All Students will understand that the various pricing strategies for oligopolies.
The lesson concludes with a past paper style question. I have included both a teacher and student copy of the lesson and have included a nice worksheet to work alongside a great video link. This lesson is perfect for A-Level Economics and aims to tackle a tough topic.
This bumper lesson looks at cost-benefit analysis in a lot of detail. The lesson looks at what a CBA is and how it impacts firms and governments. I have included all the key theory on the topic plus many great examples of when cost-benefit analysis was used. Below is a break-down of the lesson objectives:
ALL Students will understand the main pros and cons of carrying out a cost-benefit analysis.
SOME students to understand a few economic examples of when a cost-benefit analysis should be used.
I have included a student copy of the lesson to go alongside the main PPT. I have also included a market failure bingo game, a market failure quiz with answers and a CBA group task. This lesson is aimed at A-Level Economics but could also be useful for Business Studies.
This detailed lesson carries on with the key theory behind the labour market. This lesson looks at The National Minimum Wage and various wage differentials. The lesson looks at the main pros and cons of the minimum wage and the key wage reasons why people earn different wages. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 5 of 6 of the labour market.
This detailed lesson carries on with the key theory behind the labour market. This lesson cover the key theory behind monopsonies and how they impact the labour market. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson.
I have also included a fun economics pictionary game that helps re-cap on key theory based on A-Level Microeconomics.
This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 4 of 6 of the labour market.