A-level Economics - Growth and Survival of firms (4 lessons + exam questions + answers)

As an experienced economics teacher with a decade of expertise, I’ve developed this 3-lesson resource on Growth and Survival of Firms, covering all the essential and advanced topics needed for a thorough understanding of firm dynamics. This resource is perfect for new and seasoned teachers, offering plug-and-play lessons that save time and engage students.

What’s included:

• Growth and survival of firms: Detailed analysis of why firms grow and why some remain small.
• Reasons for different sizes of firms: Examining key factors influencing firm size.
• Internal growth: Comprehensive explanations of organic growth and diversification.
• External growth: Clear breakdown of integration methods:
• Horizontal integration
• Vertical integration (forwards and backwards)
• Conglomerate integration
• Reasons for integration: Covering motives and benefits for merging or taking over.
• Consequences of integration: Exploring the impacts on firms, markets, and consumers.
• Cartels:
• Conditions for an effective cartel
• Consequences of cartel behavior on markets and consumers.
• Principal–agent problem: Explaining how differing objectives of shareholders/owners and managers can create challenges within firms.

Key Features:

• Exam-style questions: Thoughtfully designed to challenge students, with detailed model answers to prepare them for success.
• Accurate and syllabus-aligned content: Ensures students are well-prepared for exams.
• Engaging exercises and activities: Designed to reinforce understanding, with complete answers provided.
• Advanced insights: Includes real-world applications to make concepts relatable.
• Plug-and-play design: Fully prepared lessons to save you hours of planning.

This resource provides a complete understanding of the growth and survival of firms, from integration methods to the principal-agent problem. It’s comprehensive, engaging, and ready to elevate your economics teaching!