Employment and Unemployment - Part 1 Economics Work Sheet IGCSE Economics 0455 syllabus for 2020, 2021 and 2022. This is a must have Work Sheet to help you create a student-centered learning environment and build their confidence as they work towards getting ready for the school and for the IGCSE Economic examinations. It is good for Teachers and Students’ alike. Use it for more than a lesson and record some of the tasks as Continuous assessments for students. Briefly teach the topic for between **5 and 10 minutes **and then engage students with this worksheet. Students can work alone or in groups, to find answers to the tasks. They can consult with their recommended text books. With this work sheet, you can enjoy a relatively easy and relaxed learning environment in your class room while your students do their work. Content: 4.7.1 definition of employment, unemployment and full employment 4.7.2 changing patterns and level of employment 4.7.3 measurement of unemployment

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

A whole lesson. This topic as stated, covers the whole of IGCSE Money content for June and November 2020 - 2022 and March 2020 - 2022 Syllabus. It is good for teaching and engaging students with questions and answers to help students’ excel in the IGCSE exams Lesson Objectives: At the end of the lesson, students should be able to: • describe the forms, functions and characteristics of money…

Contents: Economics 0455, YEAR 11 Term 1 Work Scheme. Week 1 4.8.1 definition of inflation and deflation 4.8.2 measurement of inflation and deflation - Measurement of inflation and deflation using the Consumer Prices Index (CPI). to Week 12 6.4.3 consequences of current account deficit and surplus - Impact on GDP, employment, inflation and foreign exchange rate. 6.4.4 policies to achieve balance of payments stability -

Costs Revenue Economies Diseconomies of scale Break-even Analysis* ’ppt’ IGCSE 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 to excel. ‘Class Activities.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; • Identify and classify costs using examples, e.g. fixed, variable, average, total • Use cost data to help make simple cost-based decisions, e.g. to stop production or continue. • Explain economies of scale with examples, e.g. purchasing, marketing, financial, managerial, technical.• Explain diseconomies of scale with examples, e.g. poor communication, lack of commitment from employees, weak coordination. External economies of Scale. • Break-even analysis • Construct, complete or amend a simple break-even chart • Interpret a given chart and use it to analyse a situation • Calculate break-even output from given data • Define, calculate and interpret the margin of safety • Use break-even analysis to help make simple decisions, e.g. impact of higher price • Understand the limitations of break-even analysis Class Activity Questions. Solutions included.

A complete lesson in keeping with the current IGCSE syllabus. It covers fully the ** Business Location and Relocation Decisions IGCSE Business Studies **. You will be able to engage your students, relax and simply guide them as they work and learn. Lesson Objectives; At the completion of this lesson, all students, should be able to: 4.4.1 identify and explain the main factors influencing the location and relocation decisions of a business: • Factors relevant to the location decision of manufacturing businesses and service businesses. • Factors that a business could consider when deciding which country to locate operations in. • The role of legal controls on location decisions • Recommend and justify an appropriate location for a business in given circumstances.

Lesson Plan; SUBJECT: Business Studies. TOPIC: Economic development: Living standards. LESSON OBJECTIVE: are shared with the student 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. 5.1.2 comparing living standards and income Distribution; Reasons for differences in living standards and income distribution within and between countries.

Cash-flow forecasting and working capital * ’ppt’ IGCSE Business Studiess. 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.’ with Answers.’ Lesson Objectives; At the completion of the lesson, the students should be able to; Explain Cash-flow forecasting and working capital. Identify and explain the importance of cash and of cash-flow forecasting: • Why cash is important to a business. • What a cash-flow forecast is, how a simple one is constructed and the importance of it. • Amend or complete a simple cash-flow forecast. • How to interpret a simple cash-flow forecast. • How a short-term cash-flow problem might be overcome, e.g. increasing loans, delaying payments, asking debtors to pay more quickly. Working capital: • The concept and importance of working capital. Class Activity with Solutions.

LESSON PLAN; SUBJECT: Economics. TOPIC: 6.1 International specialisation IGCSE Economics. LESSON OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome. NB: You may need to rejig it for more than a lesson period. At the end of the lesson, the students will be able to; describe 6.1.1 Specialisation at a national level - The basis for Specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods. 6.1.2 Advantages and disadvantages of specialization at a national level - For consumers, firms and the economy.

Lesson Plan; SUBJECT: Business Studies. TOPIC: Business finance: needs and sources. LESSON OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome. You may need to rejig it for more than a lesson period. Content; 5.1.1 Identify the need for business finance: • The main reasons why businesses need finance, e.g. start-up capital, capital for expansion and additional working capital • Understand the difference between short-term and long-term finance needs. 5.1.2 The main sources of finance: • Internal sources and external sources with examples • Short-term and long-term sources with examples, e.g. overdraft for short-term finance and debt or equity for long-term finance • Importance of alternative sources of capital, e.g. micro-finance, crowd-funding • The main factors considered in making the financial choice, e.g. size and legal form of business, amount required, length of time, existing loans • Recommend and justify appropriate source(s) of finance in given circumstances.

Lesson Plan; SUBJECT: Economics. TOPIC: Population. LESSON OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome. You may need to rejig it for more than a lesson period. 5.3.1 identify and explain the factors that affect population growth - Birth rate, death rate, net migration, immigration and emigration. 5.3.2 identify and explain the reasons for different rates of population growth in different countries - How and why birth rates, death rates and net migration vary between countries.5.3.3 the effects of changes in the size and structure of population ondifferent countries - The concept of an optimum population. The effects of increases and decreases in population size and changes in the age and gender distribution of population. Note: interpretation of a population pyramid is required, but drawing is not.

Lesson Plan Topic: Income statements and Statement of Financial Position Lesson Plan - ‘MS word doc.’ IGCSE Business Studies. 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 what profit is and why it is important: •• How a profit is made •• Importance of profit to private sector businesses, e.g. reward for risk-taking/enterprise, source of finance. •• Difference between Profit and cash Income statements: •• Main features of an income statement, e.g. revenue, cost of sales, gross profit, profit and retained profit. •• Use simple income statements in decision making based on profit calculations (constructing income statements will not be assessed) The main elements of a statement of financial position: • main classifications of assets and liabilities, using examples. Interpret a simple statement of financial position and make deductions from it, e.g. how a business is financing its activities and what assets it owns, sale of inventories to raise finance. 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 adjusting up the objectives, Plenary and lesson starter etc.

Lesson Plan; SUBJECT: Business Studies. TOPIC: Economic growth LESSON OBJECTIVE: are shared with the student for awareness and expectation of lesson outcome. At the end of the lesson, the students will be able to; definition of economic growth 4.6.2 measurement of economic growth 4.6.3 causes and consequences of recession 4.6.4 causes of economic growth 4.6.5 consequences of economic growth 4.6.6 policies to promote economic growth.

Lesson Plan Topic: Poverty 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 poverty, and absolute and relative poverty; Give the difference between the two terms. The causes of poverty; The causes of poverty including unemployment, low wages, illness and age. Policies to alleviate poverty and redistribute income; Policies including those promoting economic growth, improved education, more generous state benefits, progressive taxation, and national minimum wage. 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:Market Structure 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 competitive markets - describe 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. Describe monopoly markets – describe the characteristics, advantages and disadvantages of monopoly. Note: diagrams are not required. 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: 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: Firms and Classification of Firms 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; Classify firms - In terms of primary/secondary/tertiary sectors and private/public sector, and the relative size of firms. Note: detailed knowledge of different types of structure of a firm is not required. Small firms - The advantages and disadvantages of small firms, the challenges facing small firms and reasons for their existence. Causes and forms of the growth of firms - Internal growth, for example increased market share. External growth, for example mergers. Mergers - Examples, advantages and disadvantages of different types of mergers: horizontal, vertical, and conglomerate. Economies and diseconomies of scale - How internal and external economies and diseconomies of scale can affect a firm/industry as the scale of production changes. 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: Economic Growth 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 economic growth. Measurement of economic growth. Causes and consequences of recession. Causes of economic growth. Consequences of economic growth. Policies to promote economic 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.