Four presentations covering economic growth, inflation, unemployment and the balance of payments. Each presentation includes definitions, diagrams, causes and consequences, as well as evaluation that could be used.

Students must identify each market failure whose key term has been destroyed by an asteroid and removed all of the vowels. Follow up questions may include: - Giving an example of a type of good or situation that fits this market failure - Explaining why this is a market failure - Suggesting how the government could correct it

A worksheet getting students to apply their knowledge of factors that shift the demand and supply curves and the subsequent impact on price and quantity. Challenges students to look at both single shifts and double shifts.

A really good activity for the end of the Macroeconomics course to get students to link together the concepts that they have seen. I usually print the first slide off in A3 for them to work on and then we discuss the answers as a class. Students must come up with analysis and evaluation for six macroeconomic objectives and are encouraged to think outside of the box. On the next two slides there is teacher copies with answers for evaluation and analysis. The last slide contains some general evaluative points that students could bring up.

This resource is a game which can take a whole lesson. Students need to work together to break the safe before the time runs out. To break the safe they need to solve eight puzzles (tasks) and find the correct letters for the eight letter password. However this is a very secure safe and the password will change every 5 minutes so students need to work quickly, accurately and together. The tasks are as follows: - Functions and characteristics of money looking at Bitcoin - Crowding Out - The Economic Cycle and Monetary Policy - Calculating Bond Yields and Coupons - Bank Balance Sheet - Financial Markets Key Terms - General Financial Markets Questions - Assets and Liquidity All tasks have been uploaded in editable PDF versions and word/powerpoint versions for teachers to amend as appropriate. The answers have also been uploaded in a separate document. These tasks could instead be used as worksheets if this would better suit your teaching. All of the questions have been written with the new A Level Economics specification in mind. In particular the financial markets topic.

Economies of Scale Worksheet - A worksheet for AS economics asking students to identify types of internal and external economies of scale. There is an extension task built in where students can apply their knowledge to Lego.

A worksheet challenging students to answer questions on costs of production including marginal, average and total cost as well as economies of scale, returns to scale and fixed and variable costs.

Editable pdf worksheet that ensures students can distinguish between the different definitions for the production, cost and revenue topic. It is a useful resource for students to have completed when it comes to revision and develops A01 skills of knowledge by defining key terms with examples. An editable PDF means that text boxes are able to be written in, but you will not be able to change the design of the sheet. This resource should only be used for students with access to computers as printing it will not work.

Following the Autumn Statement 2016 delivered by Philip Hammond we conducted a debate in class on whether or not the NLW should be increased. This resource includes a worksheet for students to construct their arguments, some answers that could have been raised including evaluation and a powerpoint presentation on national minimum wage that we had looked at the previous lesson.

A class game and worksheet to demonstrate the multiplier effect with activity questions. Allow each student to choose what goods and services they produce before starting the game and then follow the instructions on the sheet. The answers to the questions are as follows: (1) 2.5 (2) £1500m (3) 4 (4) - £1440m (5) False (6) £1.7bn.

This worksheet gets students to think of (and draw) the characteristics of homo economicus and how useful a theory it is to economists today. There is also a completed worksheet with suggested teacher answers.

A pdf worksheet that gets students to consider which of the trade unions demands the firm should agree to. Start off with £150m profits, if students choose to reject more than three demands they will only receive £75million because the workers will go on strike. Increasing training increases productivity and therefore increases the firms profits. Decide on figures for each of the options and combinations of agreements. Also included a powerpoint that explains the role of trade unions in a competitive and monopsony labour market.

Case studies for OCR Economics of Work and Leisure F583 Compares the different characteristics of markets with evidence from the cinema and broadcasting industries

A fun game or starter that gets students to apply their knowledge of price elasticity of demand. Students are shown a good and given its elasticity. They are next shown another good and have to guess whether the next goods elasticity will be higher or lower. This sparks a discussion of whether a good is likely to be price elastic or inelastic and how elastic or inelastic it will be. This can be done either as a whole class activity or in two smaller groups as there are two sets of questions. For each set there are 10 goods which range in difficulty.

Students have to match the command words to their explanation. This should help students understand what is required of them in each question. Cut along the rows not the columns.

This worksheet gets students to apply their knowledge of related markets to comment on the impact of changes in various markets on the cattle market.

A worksheet that challenges students to apply their knowledge of PED, PES, YED and XED. Uses written, calculation and graphical explanation

An A2 worksheet on revenue that looks at total, average and marginal revenue.

A worksheet that gets students to pretend to be the owners of a smoothie business and apply their knowledge of elasticity, factors of production, related markets, taxes and supply and demand diagrams.

A fun lesson starter that gets students thinking about key terms. One by one a word will appear for a key term definition and students have to guess what the word is. The sooner they can guess the word the more points they get! Click the answer speech bubble to show the answer. The key words I have chosen are: - Division of Labour - Ceteris Paribus - Excess Supply - Productive Efficiency - Joint Supply - Necessity Good - Average Cost - Specific Unit Tax - Short Run - Normative Statement However, the powerpoint is editable so you can include any key words you want.