A good lesson that looks at profit maximization in a lot of detail - what it is, how it calculated and how it can be shown on a graph. The lesson also looks at the key theory behind the three types of profits; Normal Profits, sub-normal profits and super-normal (abnormal) profits. The lesson includes all key theory and numerous tasks and activities. I have included both a student and teacher version of the lesson. Perfect lesson for A-Level Economics / Microeconomics.

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.

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.

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 is a perfect introduction to market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson starts with a look at productive and allocative efficiency. The lesson then explains what market failure is and why it is a big problem. The lesson then looks briefly a the following types of market failure: * Externalities * Merit and Demerit Goods * Public goods Main lesson aim: Students will understand what market failure is and the main causes of market failure. I have made a nice task where students need to tick whether a product is a public, merit or demerit good and explain their answer. I have also included a nice worksheet on the topics covered. I have also included a student copy of the PPT. This lesson is perfect to GCSE or A-Level Economics.

An extension of aggregate supply theory and a detailed look at LRAS, the banking system and the labour market. Main aim: Students will expand their theory of AS and look at how focus on detailed reason how LRAS can be impacted in an economy. Students also assess both the Classical and Keynesian view. This lesson covers the following areas: Re-cap on aggregate supply Keynesian vs Classical Aggregate Supply & the Institutional Structure of the Economy The Labour Market & LRAS Keynesian Economists & Wage ‘Stickiness’ The lesson includes numerous written tasks with two essay-based exam questions at the end. This lesson could easily last 2+ hours.

Students will learn about the key concepts and theory behind loss aversion and anchoring and how this relates to behavioural economics. Students will learn key economic examples of each and how it impacts the choices of consumers, firms and governments. Videos, tasks and exam style questions included.

A bumper selection of resources to help you teach the ways to improve a businesses cash flow. This lesson follows on really well after you have taught how to calculate cash flow forecasts. The PPT looks at the main strategies a typical business can look to improve it’s cash flow; lower costs or increase revenues. There are many examples to help make this information accessible for students. I have also included a nice lesson starter where students need to look at very seasonal businesses and think about how this may impact a businesses cash flow throughout a year. I have also included a detailed cash flow worksheet that includes finance questions and written questions all based on cash flow. Perfect for GCSE Business Studies.

A good lesson that looks at both internal and external growth and there various pros and cons. The lesson provides theory of both mergers and takeover with relevant examples. The lesson has numerous tasks throughout and provides the perfect introduction to the Growing as a Business topic. I have also included a nice worksheet on the topic. Perfect for GCSE Business Studies and Economics.

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 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 really detailed lesson on the law of diminishing returns and returns to scale. This lesson looks at the difference between the short-run and long-run and introduces the concept of the law of diminishing returns with nice clear and fun examples. The lesson then explains returns to scale and the three possibilities. I have tried to make this tricky topic easy for students to understand and included various tasks throughout the lesson. There are graph and calculation questions and a exam style question to finish off. I have also included a nice multiple choice quiz on the topic which would be perfect for a plenary / starter task. Perfect set of resources for A-Level Economics / Microeconomics.

This lesson looks at technological change and how it is impacting firms. The lesson looks at the difference between invention and innovation with relevant examples. The lesson also focuses on synergy demand and how some firms are using this to create huge profits. The lesson then looks at disruptive innovations and barriers to entry. The lesson concludes with some questions to help reflect on the key theory. I have included a teacher and student copy of the PPT. I have also included Economics Pictionary as a nice plenary game - this game includes key words to use and explains the rules. The lesson is perfect for teaching microeconomics at A-Level and could be used for Business Studies.

This bumper 50 slide PPT covers economies of scale in a lot of detail. The lesson covers all the key theory for this vital topic including internal and external economies of scale, diseconomies of scale, Long-run cost curves and minimum efficient scale. The lesson has great notes on the key theory and diagrams. The lesson includes numerous tasks including calculation, graph and written activities. A really good and detailed resource on a great economic topic. Perfect for 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 looks at the economic (business) cycle and the money flow in the UK. This lesson looks at the role of the Bank of England and then focuses on the four stages of the economic cycle. The lesson looks at the key characteristics of each stage and how it can impact the economy. The lesson then looks at the money flow and how it can impact the basic flow of income and spending for a consumer. The lesson concludes with exam style questions on the topic. A good lesson for GCSE Economics which could also be used for A-Level.

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 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 lesson on oligopolies helps students understand why profits are maximised when marginal revenue equals marginal costs for collusive oligopolies. The lesson looks at how oligopolies can collude and even create cartels. Below is a breakdown of the lesson objectives: All Students will understand that a firms profits are maximised when MR = MC in a price fixing oligopolistic market. Most Students will understand how to draw profit maximisation for price fixing oligopolistic markets. Some students will understand how to apply this knowledge to a past exam question. The lesson focuses on the following key terms and includes various definitions, examples and tasks related to the following: Oligopoly Cartel Collusion MR = MC The lesson concludes with various tasks and a past paper question. I have also included a fun key word quiz to test students on the various microeconomic keywords. My PPT easily explains the rules and has proved very popular with students. This lesson is perfect for A-Level Economics.

This lesson helps students understand what price discrimination is and the conditions needed. This lesson offers key theory on the three different types of price discrimination. The lesson has clear theory, diagrams and examples to make sure students fully understand this economic concept. Below is a breakdown of the lessons learning objectives: All Students will understand the three types of price discrimination. Most Students will understand how to draw price discrimination diagrams for both first and third degree price discrimination. Some students will understand how to apply this knowledge to a past exam question. The lesson concludes with various tasks and exam style questions. I have included a teacher and student copy of the presentation and a worksheet that works alongside a great video link. This lesson is perfect for A-Level Economics.