EDEXCEL BTEC Business Level 3 Unit 1 Exploring Business COMPLETE LEARNING AIM D POWERPOINT

This is a 60-slide PowerPoint which covers the entire LEARNING AIM D of Unit 1 - EXPLORING BUSINESS.

There are 5 Learning Aims in total and they are covered in 5 separate PowerPoints, making it easier to put together a teaching programme for the whole Unit.

**Teachers will be required to do no other work. These PowerPoints include questions and activities as well as videos and they have been written by a BTEC Moderator and used with hundreds of students across the years.
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There are about 18 hours’ worth of teaching in this PowerPoint.

This is a summary of the PowerPoint:

Market Structures: This section explains different types of market structures, including perfect competition, imperfect competition, monopoly, oligopoly, and monopolistic competition. It discusses the characteristics of each structure, such as the number of firms, freedom of entry and exit, nature of products, and the competitive environment.

The Relationship Between Demand, Supply & Price: This part explores the factors influencing demand and supply, such as affordability, competition, availability of substitutes, GDP levels, and consumer needs. It also covers the concept of price elasticity of demand (PED) and how it affects business decisions.

Pricing & Output Decisions: The final section focuses on how businesses make pricing and output decisions in different market structures. It discusses the impact of demand, price elasticity, and market structures on these decisions. It also highlights how businesses respond to competitors’ pricing and output decisions.

Overall, the presentation provides a comprehensive overview of key economic concepts relevant to business students.

**Please look out for the other PowerPoints which cover the whole of Unit 1.

Discounted bundle: buy all PowerPoints and get a discounted rate of 33% off!**