I have taught A Level Economics at a range of schools using different pedagogical techniques. I want to make my lessons as interesting and engaging as possible and so create all my own content from scratch, which I am keen to share with you. I try to push boundaries, be creative in my approach and give students a learning experience that goes beyond simply passing their exams.
I have taught A Level Economics at a range of schools using different pedagogical techniques. I want to make my lessons as interesting and engaging as possible and so create all my own content from scratch, which I am keen to share with you. I try to push boundaries, be creative in my approach and give students a learning experience that goes beyond simply passing their exams.
A differentiated oligopoly worksheet applied to the chocolate bar market. Get students to research the chocolate bar market before answering questions. Could be used as an in class worksheet or activity or as a homework project.
An activity that would be good as an end of topic review. The monopoly question inception has questions inside a question inside a question. All the PDF's are editable so can be uploaded into each other and create a professional looking document at the end.
Students must answer the following question: To what extent do monopolies exploit consumers? And fill in the Monopoly Sheet.
To do this they must categorise the following eight arguments into arguments for and arguments against the statement. They can then be uploaded into the Monopoly Sheet which is the main document. However, none of these arguments are complete and each need students to complete various tasks before they can be included into the main document. These include gap fills, word searches, true or false, definitions, explanations, interpreting pictures, evaluation, including key words etc.
Once they are completed they must be saved as PDF's and uploaded into the main document (which is also saved as a PDF). When using this resource I didnt tell the students the titles of the PDF's but renamed them into 'argument 1, argument 2, argument 3 etc.' This prevents any clues being given away.
At the end of the lesson students have effectively worked together to write an essay plan which can also be used for revision. I found this lesson to be very successful as it stretches and challenges more able students, but still has opportunities for weaker students to shine and encourages them to work together to consolidate their knowledge.
Topics covered include:
- Price Discrimination
- Static Efficiency: Allocative Efficiency, Productive Efficiency and X Efficiency
- Dynamic Efficiency
- Business Objectives
- Economies of Scale
- Natural Monopoly
- Output and Prices
- Minimum Efficient Scale
- Evaluation
An activity that stretches and challenges more capable students by getting them to apply their knowledge of demand and supply shifts and price elasticity of demand and supply. Ask them to read the attached article then answer the following questions:
Read the BBC news article from March 2016 detailing Britain's biscuit shortage and answer the following questions:
1. How have the demand and supply curves for biscuits been affected?
2. Why haven't the price of biscuits increased rapidly?
3. What impacts might there be in related markets?
4. How has Asda's experience of the crisis been different? How might this affect their elasticity?
5. Do all biscuits have the same elasticities? Justify your answer using the information from the article
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.
An activity that gets students to sort steps to explain how the economy moves from one equilibrium position to another. This scenario discusses excess demand. Includes answers.
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.
A differentiated monopoly themes worksheet which allows students to choose their level and pushes them further. Stretches and challenges more able students. A game format to encourage students to try their best. Also includes teacher answers. Also covers natural monopoly and price discrimination.
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 that gets students to apply their knowledge of perfect competition and efficiency in an essay style format answering a 25 mark question. Also contains teacher notes with answers to the eleven questions.
A worksheet thats gets students to find the equilibrium price in the coffee market before and after shifts. Involves plotting points on a diagram to calculate the exact values of excess demand and supply
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.
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 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.
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 revision booklet for Unit 3 A2 Economics. The first 35 pages are blank for the students to fill in and the last 35 pages are filled with the answers for the teacher.
Topics covered include:
- Costs and Economies of Scale
- Revenues
- Barriers to Entry
- Objectives
- Monopoly
- Price Discrimination
- Oligopoly
- Game Theory
- Monopolistic Competition
- Perfect Competition
- Influence of the Internet on Perfect Competition
- Contestability
- Efficiency