Contents: Economics 0455, YEAR 11 Term 2 Work Scheme. Term 2 Weeks 1-10. • Revision of areas of difficulties, practice of IGCSE past questions with answers. You Tube videos. Lively subject topic presentations from students and debates based IGCSE questions with the 5 - 8 marks and command words analyze and discuss.

Contents: Economics, YEAR 11 Term 1 Topics to cover. Week 1 Definition of inflation and deflation. Measurement of inflation to Week 12 Consequences of current account deficit and surplus and policies to achieve balance of payments stability

Market Structure Perfect Competition & Monopoly * ’ppt’ IGCSE Economics. . With these resources, I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; • Define Competitive markets - Explain the effect of having a high number of firms on price, quality, choice, profit. Note: the theory of perfect and imperfect competition and diagrams are not required. • Define Monopoly markets – Explain the characteristics, advantages and disadvantages of monopoly. Note: diagrams are not required. • ‘Class Activities’ ‘Keywords Study’ ‘Multiple Choice Questions’ with Answers.

This bundle is prepared for parents of students, teachers and students of IGCSE Economics. It covers a range of the topics in the syllabus as follows: Year 10 Term 1 Week 1: • Nature of the economic problem (finite resources and unlimited wants) to • Types of taxation (direct, indirect, progressive, regressive, proportional) and the impact of taxation • Government’s influence (regulation, subsidies, taxes) on private producers. Year 10 Term 3 Week 9: Parents and their wards can use this bundle to mirror the topics being studied in their children's Schools for each term it covers. Teachers can also adapt it for their subjects in the schools where they teach.

**A complete lesson. ** Globalisation, free trade, and protection ’ppt’ IGCSE Economics. With these resources, I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes. *Engage your students, relax, and simply guide them as they work and learn to excel. ‘Class Activities.’ ‘Questions with Answers.’ Lesson Objectives; At the end of the lesson, students should be able to Define globalization. Identify the role of multinational companies MNCs and the costs and benefits to their host and home countries. Identify and explain the benefits of free trade - the benefits for consumers, producers and the economy in a variety of countries. Methods of protection - tariffs, import quotas, subsidies and embargoes. Reasons for protection - Including infant industry, declining industry, strategic industry and avoidance of dumping. Consequences of protection - Effectiveness of protection and its impact on the home country and its trading partners. ‘Debate topic.’ ‘Class Activities’ with ‘Answers.’

Current account of balance of payments Part 1 Economics Work Sheet IGCSE Economics 0455 syllabus for 2020, 2021 and 2022. Content: 6.4 Current account of balance of payments The components of the current account of the balance of payments. Calculation of deficits and surpluses on the current account of the balance of payments and its component sections.

Complete Lesson. Growth of Business Methods and Problems of Growth Economics of Scale * ’ppt’ IGCSE Business Studies & Economics. I have consistently produced A*s, As, and Bs. You can replicate my results with my up-to-date notes, *Engage your students, relax, and simply guide them as they work and learn. Questions at the end. Answers provided. Engage your students, relax, and simply guide them as they work and learn to excel. 'Class Activities, with Answers. * Lesson Objective At the end of the lesson, Students should be able to: Why some businesses grow, and others remain small: • Why the owners of a business may want to expand the business • Different ways in which businesses can grow, e.g. internal/external • Problems linked to business growth and how these might be overcome • Why some businesses remain small. Why some (new or established) businesses fail: • Causes of business failure, e.g. lack of management skills, changes in the business environment, liquidity problems • Why new businesses are at a greater risk of failing. Economies of Scale. Do the Class Activities. Answers provided.

Lesson Plan Topic: Firms’ Costs, Revenue and Objectives Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; define costs of production - Total cost (TC), average total cost (ATC), fixed cost (FC), variable cost (VC), average fixed cost (AFC), average variable cost (AVC). Note: marginal cost not required. Calculation of costs of production - TC, ATC, FC, VC, AFC and AVC. Definition, drawing and interpretation of diagrams that show how changes in output affect costs of production. Definition of revenue - Total revenue (TR) and average revenue (AR). Note: marginal revenue is not required. Calculation of TR and AR. Objectives of firms - The influence of sales on revenue. Survival, social welfare, profit maximisation and growth. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Opportunity Cost and Production Possibility Curve (PPC) Lesson Plan IGCSE Economics - ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Define opportunity cost - Definition and examples of opportunity cost in different contexts. The influence of opportunity cost on decision making - Decisions made by consumers, workers, producers and governments when allocating their resources. Define Production Possibility Curve (PPC) - drawing and interpretation of appropriate diagrams. Points under, on and beyond a Production Possibility Curve (PPC) - The significance of the location of production points. Movements along a PPC - Movements along a PPC and opportunity cost. Shifts in a PPC- The causes and consequences of shifts in a PPC in terms of an economy’s growth. NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Contents: Economics, YEAR 11 Term 2 Topics to cover. Week 1 - 12 • Finish with any remaining part of the syllabus. • Intense revision of areas of difficulties, practice of IGCSE past questions with answers.

Lesson Plan Topic: Foreign exchange rates Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Define foreign exchange rate - Floating and fixed systems. Explain the determination of foreign exchange rate in foreign exchange market - The demand for and supply of a currency in the foreign exchange market and the determination of the equilibrium foreign exchange rate. Causes of foreign exchange rate fluctuations - Including changes in demand for exports and imports, changes in the rate of interest, speculation, and the entry or departure of MNCs. consequences of foreign exchange rate fluctuations - The effects of foreign exchange rate fluctuations on export and import prices and spending on imports and exports via the PED. Floating and fixed foreign exchange rates - The difference between, and the advantages and disadvantages of, a floating foreign exchange rate and a fixed foreign exchange rate system. NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic:Inflation and deflation Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Define inflation and deflation. Measurement of inflation and deflation using the Consumer Prices Index (CPI). Causes of inflation and deflation - Causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side. Consequences of inflation and deflation - The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole. Policies to control inflation and deflation. The range of policies available to control inflation and deflation and how effective they might be. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic:Population Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Describe the factors that affect population growth. Reasons for different rates of population growth in different countries. The effects of changes in the size and structure of population on different countries. NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Topic: Differences in economic development between countries Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; describe economic development, explain the differences in economic development between countries - Causes and impacts of differences in income; productivity; population growth; size of primary, secondary and tertiary sectors; saving and investment; education; and healthcare. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Living standards Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; State and describe indicators of living standards; Real GDP per head and the Human Development Index (HDI). The components of real GDP and HDI. The advantages and disadvantages of real GDP and HDI. Comparing living standards and income Distribution; Reasons for differences in living standards and income distribution within and between countries. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Market Failure Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Define market failure - The key terms associated with market failure: public good, merit good, demerit good, social benefits, external benefits, private benefits, social costs, external costs, private costs. Causes of market failure - With respect to public goods, merit and demerit goods, external costs and external benefits, abuse of monopoly power and factor immobility. Examples of market failure with respect to these areas only. Consequences of market failure - The implications of misallocation of resources in respect of the over consumption of demerit goods and goods with external costs, and the under consumption of merit goods and goods with external benefits. Note: demand and supply diagrams relating to market failure are not required. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Factors of Production Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Identify and define the factors of production and their rewards - Give examples of land, labour, capital and enterprise and the nature of each factor of production. Mobility of the factors of production - The influences on the mobility of the various factors. Quantity and quality of the factors of production - The causes of changes in the quantity and quality of the various factors. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.

Lesson Plan Topic: Demand Lesson Plan IGCSE Economics- ‘MS word doc.’ Lesson Objective: are shared with the students for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; Define demand draw and interpret appropriate diagrams. Price and demand - A demand curve to be drawn and used to illustrate movements along a demand curve with appropriate terminology, for example extensions and contractions in demand. Individual and market demand - The link between individual and market demand in terms of aggregation. Conditions of demand - The causes of shifts in a demand curve with appropriate terminology, for example increase and decrease in demand. NB: You can add your school’s name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson topic by editing the objectives, Plenary and lesson starter etc.