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.
This lesson looks at how monopolies can cause market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson covers the following key theory:
* What monopolies are
* Pure and natural monopolies
* Barriers to entry
* The role of the government to monopolies
* Advantages of monopolies
* Disadvantages of monopolies
Main lesson aim: Students will understand what market failure is and the main causes of market failure.
The lesson starts with a fun starter to help re-cap on the various market structures and get into the appropriate groups. I also have made a nice 'You Say We Pay' game to help cover the key theory. I have also included a tough quiz on the topics covered. I have also included a student copy of the PPT. This lesson is perfect for A-Level Economics.
A great lesson looking at poverty and the main causes. The lesson also looks at the clear difference between absolute and relative poverty and focuses on worldwide economies and the UK.
The lesson has links to numerous short video clips and includes great examples and simple theory. I have includes a lot of different tasks and questions for students to tackle. The lesson also include a nice group work task. This lesson is perfect for GCSE Economics, but could be adapted used for Geography.
This lesson could also be adapted for A-Level.
A nice lesson on the main influences on exchange rates. The lesson looks at eight of main influences on an economies exchange rate. The lesson also looks at the difference between appreciation and depreciation of exchange rates. I have included a nice task where students are given one of the eight influences and have to fill in a fact sheet.
The lesson concludes with a number of tasks and exam style questions. Perfect for GCSE Economics and Business Studies. The lesson could also be adapted for A-Level.
This lesson focuses on the basic key theory of the main market structures (as listed below). The lesson includes theory, examples and tasks throughout.
Perfect competition
Monopolistic competition
Oligopoly
Duopoly
Monopoly
The lesson then focuses on perfectly competitive markets and its key diagrams. The diagrams covered includes:
Revenue curves in perfect competition
Short-run equilibrium in perfect competition
Profit maximisation in perfectly competitive markets
Long-run equilibrium in perfect competition
There are tasks, examples and clear theory for each diagram. The lesson then looks at monopolies and looks at marginal and average revenue curves in a monopoly. The lesson concludes with an exam style question. I have also included a student copy of the PPT. This 48 page PPT can easily stretch across a number of lessons. I have also included a nice keyword quiz. Perfect for A-Level Economics.
A detailed lesson covering the key theory behind market failure. The lesson covers what is market failure, the main causes of market failure and the results of market failure. The lesson also looks at allocative efficiency and how it links to the market failure. The lesson then looks at how governments may try to intervene and fix market failure. I have also included a fun 'You Say We Pay' game to help re-cap on key topics from the lesson and linked lessons. I have also included a nice market failure bingo game to help make the lesson more interactive and fun. I have included a student copy of the lesson to go alongside the main PPT. A perfect lesson for A-Level Economics.
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.
A nice lesson to help teach subsidies and how they can impact the supply curve. The lesson provides theory on the pros and cons of subsidies with relevant examples. The lesson has numerous exam style questions which cover topics such as subsidies and supply and demand. Perfect for GCSE Economics.
A nice lesson that looks at a firms revenue and how profit maximization (MR=MC) can be achieved and calculated. This lesson looks at all the key theory for microeconomics and has numerous tasks - including gap fill questions, calculation tasks and graphs.
I have included a teacher version and a student version of the resource. The teacher presentation includes answers to set questions. A great resource for teaching A-Level Economics.
This lessons aims to help students fully understand how a firms maximum profits are calculated. The lesson looks at MR = MC and uses various graphs and table questions to help teach a tricky but essential topic. The lesson looks at each of the following key terms with straightforward explanations, examples and questions :
* Profit maximization
* Marginal revenue
* Marginal costs
* Theory of the firm
* Law of diminishing returns
I have also included two key diagram sheets; one covers profit maximisation in perfectly competitive markets and the other covers the long-run equilibrium in perfectly Competitive markets. The lesson concludes with an exam style question and mark scheme. I have included a teacher and a student copy of the PPT. This lesson is perfect for A-Level Economics.
This lesson will help students understand the different ways the government aims to reduce unemployment in the UK. This lesson covers five methods the government could use to help reduce unemployment. The lesson also re-caps on the different types of unemployment and the potential impact of unemployment on a country. The lesson aims to cover the following lesson objectives:
All: Students will know the different methods of reducing unemployment
Most: Students will understand what the new deal system is and who it effects
The lesson concludes with numerous tasks. I have included two detailed worksheets that are linked to the lesson and have also included a nice report project where students need to answer the following question:
Inequality is a major issue in Britain. What can the government do to reduce inequality, lower unemployment and create a more equal society?
This lesson is perfect for GCSE Economics and could be used for A-Level.
This detailed lesson looks at government intervention in the economy. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at:
* Pro-Free Market Economists VS Interventionist Economists
* The main reasons for government intervention
* Ways to correct market failure
* The forms of government intervention
Lesson Aim: Students will understand what government intervention is and how it can help / hinder an economy.
I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and videos to help teach a tricky topic. A perfect lesson for A-Level Economics.
This detailed lesson looks at government intervention in the economy through price floors, price ceilings and subsidies. The lesson also looks at government failure. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at:
* Price ceilings
* Secondary markets
* Price floors
* Minimum legal prices
* Government failure
* Subsidies
Lesson Aim: Students will understand how the government can impose price floors, price ceilings and subsidies.
I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and key examples to help teach a tricky topic. A perfect lesson for A-Level Economics.
Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.
A bumper lesson on a business location. The presentation looks at the various factors that influence the location of a business. The lesson also covers the difference between brownfield and greenfield sites. I have also attached a very good map task that students have loved in the past. Simply change the map on the PPT to the local area of your school and ask students to place various businesses across the map. Students are then expected to explain the reasons for their choice and refer back to the various location factors discussed in the lesson. I like to print the map in full A4 and print the different businesses in 6 slide view and get students to annotate below each business. Perfect for GCSE Business Studies.
This detailed lesson (35 slides) on oligopolies is a great introduction to a very important market structure. This lesson helps students fully understand why profits are maximised when marginal revenue equals marginal costs for oligopolies and focuses heavily on the kinked demand curve. The lesson looks at the following topics and includes various tasks and examples throughout.
Oligopoly Introduction
Kinked Demand Curve
Game Theory
Profit Maximisation
I have included various tasks for students to work on during the lesson and have linked to some great videos that help explain a potentially difficult topic. I have also included a great key diagram revision resource for kinked demand curves which has all the information students need on one simple and effective diagram. I have briefly introduced game theory - however this will be covered in a lot more detail in another of my lessons. This lesson is perfect for A-Level Economics.
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.
A bumper lesson covering many topics on recruitment. The lesson includes theory on the ten stages of the recruitment process. It also covers internal and external recruitment. The lesson has a fun aptitude test for students to complete and a detailed worksheet aimed at the topic.
A nice lesson looking at the various stages of recruitment. Perfect for GCSE Business Studies and may also be useful for A-Level.
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 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.