The resource is a worksheet getting students to plan an answer to the question: Discuss the view that a policy of budget deficit reduction will make it harder to achieve economic growth (25 marks) I have included suggested answers as well for the essay plan. It includes an introduction, arguments for and arguments against, a diagram and evaluation.

A worksheet specifically looking at the causes of economic growth. (Check out my GDP Statistics resource for measurement of economic growth) I have also uploaded my own answers to the worksheet that have been handwritten and scanned in. There is also a powerpoint on economic growth looking at measurement, causes, consequences in advantages and disadvantages and evaluation. I have also included a lesson activity focussing on the multiplier effect and how that can be evaluated that includes answers.

This resource includes powerpoint presentations for every topic in AQA Unit 1 Microeconomics new specification. The powerpoints are: 1. PPF Curves 2. Supply and Demand 3. Price Determination 4. Costs of Production in the Short Run 5. Economies of Scale 6. AS Monopoly 7. AS Perfect Competition 8. Division of Labour and Specialisation 9. Price Elasticity of Demand 10. Consumer and Producer Surplus 11. Taxes and Subsidies 12. Price Mechanism and Market Failure 13. Externalities 14. Public Goods 15. Other Market Failures 16. Correcting Externalities 17. Price Controls 18. Government Failure Also check out my other resources. I have at least one worksheet available for every one of these topics and lesson activities for most on TES as well.

This resource is made up of a powerpoint presentation on inflation, a worksheet looking at who is hurt by inflation and a lesson activity getting students to discuss and rank costs of inflation to firms.

An Edexcel macroeconomics news quiz in the style of Have I Got News for You. News is from 16/02/2016.

Economics key words say what you see game. Ideal for a fun macroeconomics starter activity.

A worksheet for an economics scattergories game. Pick a letter at random and students have to come up with an economics word that fits in each of the categories. A fun starter to get their minds working.

A worksheet and powerpoint presentation that looks specifically at different ways of addressing environmental market failure. The powerpoint presentation looks at the advantages and disadvantages of tradable pollution permits and extending property rights and shows an environmental indirect tax on a negative externality in production.

A model answer to the question from the AQA June 2015 Unit 3 Question Paper Using the data and your knowledge of economics, assess the arguments for and against the UK electricity industry being brought back into public ownership (25 marks)

A classroom game that demonstrates the circular flow of income. Split your class into households and firms and give them the corresponding worksheet. You need to cut out the slips at the end of the document. There are two rounds to this game. At the start of the first game allocate households factors of production and allocate firms money. The initial allocation of factors of production represents wealth and I divided these unequally between the households but distributed money certificates equally between firms to see who is a better businessman. I did a ratio of two money certificates for every one factor of production so the equilibrium wage should be two (don't let the students know this though). Any unused factors of production represent unemployment and should be taken off households at the end of the game. In the second round change the firms factors of production into goods and services. I did one factor of production equals one goods and services. Ask firms to calculate there profits at the end of the game and find out who were the best business people. Ask the students to draw what they saw in the game. Then ask the students what is missing from the closed economy model.

A fun starter activity, digging deeper or extension task. The answers are: - Imposing a tax on a negative externality in production - Excess supply resulting from a minimum price above the market equilibrium - External economies of scale - Imposing a tax on a negative externality in consumption (demerit good) - An increase in the productive potential of the economy shown on the PPF curve from either an increase in the quantity or quality of the factors of production - Deriving average total cost from average fixed cost and average variable cost

Aggregate demand and short run aggregate supply worksheet getting students to apply their knowledge to shifts of AD and SRAS. Includes extension tasks for students who need stretch and challenge or who finish earlier. Could be used as a homework task or class activity. This resource is in microsoft word format so that it can be edited to suit your classes needs.

A model answer for the question: With the help of an appropriate diagram, explain how the price elasticity of demand for road travel will affect the total revenue that the government receives if it increases the taxes on fuel (10 marks) Question taken from AQA Unit 1 Question Paper January 2013

A two page applied economics worksheet that looks at whether or not the UK should remove 1p coins from circulation and includes suggested answers. It is a useful worksheet in testing students understanding and looks at both macroeconomic and microeconomic arguments for removing them.

A five page worksheet that uses a London Underground as a case study to apply behavioural economics and nudge principles to. The topics covered on the sheet are: An illustration of how decision making can be impaired when using the London Underground tube map Defining key behavioural economics terms Whether or not behavioural economics should be used by London Underground How behavioural economics can be used to change passenger behaviour A seperate document contains suggested teacher answers. IMPORTANT: There are two versions of each document, one is a PDF and one is a word document so it can be edited. The content of the documents is the same.

This resource is a game that gets students to work together and solve the tasks to find the letters for the eight letter password to the safe. However, it is a very secure safe and the password will change every five minutes, so students must work efficiently and together in order to break it. There are six tasks that need to be completed Task 1 - Cost push or demand pull inflation Task 2 - AS macroeconomics definitions Task 3 - Index numbers and other calculations (multiplier and real values) Task 4 - General macroeconomics questions Task 5 - Automatic stabilisers Task 6 - Shifts in SRAS and AD They vary in difficulty and so tasks can be given to differentiate between different abilities. You can also do it as a challenge by spitting the class into two groups and seeing who gets the answer first. Or you could just use the different tasks as worksheets or revision activities. I would get the students to prove how they got the answer, as if they get the first 4 letters they may be able to guess the remainder without working it out for themselves. I have uploaded all tasks in word format and editable pdf formats. It took my quickest group 25 minutes to solve and my slowest group 45 mins.