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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)

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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)

Economics

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Cost & revenue curves (A-level Economics)
smith_michaelsmith_michael

Cost & revenue curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on cost & revenue curves. Includes: PowerPoint (with student tasks) Starter task Practice questions Case study examples (explains to students how firms such as Tesla, Spotify, Ryanair and more are able to sustain losses) Essay question (with planner sheet) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
4Ps: price, pricing strategies & price elasticity of demand: IGCSE Business
smith_michaelsmith_michael

4Ps: price, pricing strategies & price elasticity of demand: IGCSE Business

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IGCSE Business Studies lesson on pricing strategies and price elasticity of demand (Cambridge, Unit 3) used with my Y11 students. Lesson covers pricing methods (cost plus; penetration; promotional and price skimming) and includes: Starter task PowerPoint (with various learning activities throughout) Worksheet Practice questions Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Normal & supernormal profit (A-level Economics)
smith_michaelsmith_michael

Normal & supernormal profit (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on normal & supernormal profit Includes: PowerPoint (with student tasks) Starter task Worksheet (A-level graph practice) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
External economies & diseconomies of scale (A-level Economics)
smith_michaelsmith_michael

External economies & diseconomies of scale (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on external economies & diseconomies of scale Lesson covers: external sources of economies & diseconomies of scale, drawing SRAC and LRAC costs curves and the LRAC envelope. Includes: PowerPoint (with student tasks) Starter task Worksheet (with questions and graphs to complete) Part 1 on internal economies & diseconomies of scale is here: https://www.tes.com/teaching-resource/resource-12588440 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Internal economies & diseconomies of scale (A-level Economics)
smith_michaelsmith_michael

Internal economies & diseconomies of scale (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on internal economies & diseconomies of scale Lesson covers: internal sources of economies & diseconomies of scale (marketing; purchasing; financial; managerial; technical), drawing the LRAC curve and minimum efficient scale. Includes: PowerPoint (with student tasks throughout) Starter task (short-run cost curves) Worksheet (with questions, case studies and graphs to complete) Homework question (with planning sheet) Previous lesson on short-run cost curves is here: https://www.tes.com/teaching-resource/resource-12587168 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Short-run cost curves (A-level Economics)
smith_michaelsmith_michael

Short-run cost curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on short-run cost curves Lesson covers: short-run cost schedules and teaches students to graph average cost, average variable cost and marginal cost curves. PowerPoint (with student tasks throughout) Starter task Worksheet (with questions and tables to fill in) Homework questions Previous lesson on costs and imputed costs is here: https://www.tes.com/teaching-resource/resource-12587040 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Costs & imputed costs (A-level Economics)
smith_michaelsmith_michael

Costs & imputed costs (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on costs & imputed costs Lesson covers: economic costs; imputed costs; fixed costs; variable costs; total cost, average cost & marginal cost. PowerPoint (with student tasks throughout) Starter task Worksheet (with questions and tables to fill in) Previous lesson (part 1) on diminishing returns here: https://www.tes.com/teaching-resource/resource-12582592 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Costs & diminishing returns (A-level Economics)
smith_michaelsmith_michael

Costs & diminishing returns (A-level Economics)

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2-hour A-level Microeconomics lesson (Edexcel) on Costs Lesson covers: the short run; the long run; law of diminishing returns; total, average & marginal product; returns to scale PowerPoint (with student tasks throughout) Starter task 5-page worksheet Previous lesson on revenue & revenue curves here: https://www.tes.com/teaching-resource/resource-12580294 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Revenue curves (A-level Economics)
smith_michaelsmith_michael

Revenue curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on Revenue & revenue curves. Lesson covers total revenue, average revenue, marginal revenue, revenue curves and relationship between revenue and price elasticity. PowerPoint Starter task Worksheet to fill in Homework/class task (depending on length of lesson) Took my Y13s about 1.5 hours to complete - but could be done in an hour (or stretched to 2) Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Business objectives (A-level Economics)
smith_michaelsmith_michael

Business objectives (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Business objectives. Lesson covers profit maximisation, revenue maximisation, sales volume maximisation, divorce of ownership from control. PowerPoint Starter task on business size Worksheet to fill in Homework/class task (depending on length of lesson) Took my Y13s about 2 hours to complete all told. Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Size of Business (A-level Economics)
smith_michaelsmith_michael

Size of Business (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Size of Business. Lesson covers backward vertical integration, horizontal integration, mergers/takeovers etc. and includes: Starter task PowerPoint Group work Relevant graph (economies and diseconomies of scale) Individual worksheet Related past paper question / exam practice Essay planner sheet Took my Y13s about 2 hours to complete. Previous lesson on types of business can be found here: https://www.tes.com/teaching-resource/resource-12578132 Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Types of Business (A-level Economics)
smith_michaelsmith_michael

Types of Business (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Types of Business. Lesson covers sole traders, partnerships, joint ventures, state-owned enterprises and includes: Starter worksheet PowerPoint Worksheet Homework task Took my Y13s about 2 hours to complete. Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Bundle
AS-level Microeconomics bundle: Consumer behaviour, demand & supply (7 lessons + worksheets)
smith_michaelsmith_michael

AS-level Microeconomics bundle: Consumer behaviour, demand & supply (7 lessons + worksheets)

$8.85Save 44%
12 Resources
Bundle of 7 lessons covering chapters 6-10 (Consumer Behaviour, Demand and Supply) of Edexcel AS-level Economics (Markets in Action). Each lesson includes a PowerPoint (plus worksheets/activities) and are comfortably 1-hour long: Lesson 1: Rational decision making Lesson 2: Demand Lesson 3: Price elasticity of demand (PED) Lesson 4: Income elasticity of demand (YED) Lesson 5: Cross elasticity of demand (XED) Lesson 6: Supply & the supply curve Lesson 7: Price elasticity of supply (PES) Also includes: 1-hour assessment on all material taught so far Reading diary Selection of multiple choice questions from recent past papers (with answers) Graph practice worksheet Essay planner template Introductory concepts bundle here (chapters 1-5) is here: https://www.tes.com/teaching-resource/resource-12528890
PES: Price elasticity of supply (AS-level Economics)
smith_michaelsmith_michael

PES: Price elasticity of supply (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering price elasticity of supply (PES). Full 1-hour lesson includes: Starter worksheet PowerPoint Previous exam practice questions Worksheet/homework sheet Link to related Financial Times article (with task for students to apply their knowledge) 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Supply & the supply curve (AS-level Economics)
smith_michaelsmith_michael

Supply & the supply curve (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering supply and the supply curve. Full 1-hour lesson includes: Starter worksheet PowerPoint Graph practice worksheet 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
AS-level Microeconomics: 1-hour assessment (introductory concepts)
smith_michaelsmith_michael

AS-level Microeconomics: 1-hour assessment (introductory concepts)

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AS Microeconomics 1-hour assessment (with mark scheme) given to my students after covering the first nine chapters of Unit 1: Markets in Action (Edexcel). Areas assessed: The economic problem Positive & normative statements Production possibility frontiers Specialisation & division of labour Rational decision making Demand & the demand curve Price elasticity of demand (PED) Income elasticity of demand (YED) 8-lesson bundle for first 5 chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890 7-lesson bundle for teaching consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
XED: Cross elasticity of demand (AS-level Economics)
smith_michaelsmith_michael

XED: Cross elasticity of demand (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering cross elasticity of demand (XED). Full 1-hour lesson includes: PowerPoint Activities Previous exam practice questions Worksheet (PED; YED; XED questions with answer sheet) 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
YED: Income elasticity of demand (AS-level Economics)
smith_michaelsmith_michael

YED: Income elasticity of demand (AS-level Economics)

$2.53
(0)
AS Microeconomics lesson (Edexcel) covering income elasticity of demand (YED). Full 1-hour lesson includes: Starter worksheet PowerPoint Activities Previous exam practice questions Worksheet Graph practice homework sheet 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890