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George's Marvellous Business Studies & Economic Resources

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(based on 73 reviews)

Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
The Role of Money & Evaluating the Importance of the Financial Sector
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The Role of Money & Evaluating the Importance of the Financial Sector

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Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.
Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS
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Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS

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A bumper set of resources to help teach supply. This lesson moves on perfectly from teaching demand. The lesson covers all the main theory of supply curves and the main determinants of supply. There are numerous tasks throughout the lesson with relevant examples. I have also included a nice supply and demand worksheet based on past exam questions. There is also a great demand and supply scenario task, where students need to shift either the supply or demand curve after reading each scenario. A perfect lesson to help teach supply to economic students. Perfect for GCSE Economics and could be used for AS Economics.
Exchange Rates
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Exchange Rates

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Students will understand the key economic theory of exchange rates. Students will learn what exchange rates are, how they are calculated and how they can impact economies and why they are so important. Students will learn the pros and cons of having a weak and strong currency. The lesson also introduces supply and demand of exchange rates with diagrams and examples. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Finance - Calculating Sales Revenue, Costs & Profit - GCSE Business Studies - PPT & Worksheet
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Finance - Calculating Sales Revenue, Costs & Profit - GCSE Business Studies - PPT & Worksheet

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A bumper lesson that covers key financial calculations for GCSE Business Studies students. The lesson shows how to calculate revenue, fixed costs, variable costs, total costs and profit. Each section has clear questions and answers, with the PPT working alongside the worksheet attached. I have tried to make the lesson fun and easy to understand. The worksheet builds upon the theory and has many more financial calculations to work out. This could easily span across 2 lessons as the worksheet is very detailed. A great resource for teaching a potentially tricky topic. Perfect for GCSE Business Studies and could easily be adapted for other course.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

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A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise
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Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise

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This bumper lesson covers everything students need to know about franchises. This PPT includes a description of franchises, there pros and cons and includes various tasks throughout. The lesson also includes relevant examples of business franchises and links to some great videos. The lesson also looks at the important difference between a franchisee and a franchisor. I have also included two detailed worksheets based on franchises that can be used straight after the PPT is used in class. This is a perfect resource for GCSE Business Studies and the Setting up a New Business unit. I have also included a 10 question multiple choice quiz, which is perfect for the lesson starter.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. The lesson covers the pros and cons of international trade, protectionism, custom unions and the EU. The lesson also covers the role of World Trade Organisation (WTO). The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Specialisation, Division of Labour & Exchange - Economics Full Lesson
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Specialisation, Division of Labour & Exchange - Economics Full Lesson

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This in-depth and engaging economic lesson covers specialisation and division of labour in lots of detail. The lesson includes key theory, pros and cons of specialisation and how division of labour impacts producers and workers. The lesson includes video clips, tasks and up to examples to help students access the key theory. Main Aim: Students will learn the difference between specialisation, division of labour and exchange. They will also learn the pros and cons of specialisation and how it impacts producers and workers differently. Students will also learn about derived demand.
Market Failure – Positive & Negative Externalities
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Market Failure – Positive & Negative Externalities

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Students will understand the key economic theory of market failure and positive and negative externalities. Students will learn about how externalities can impact an economy with many examples, of both positive and negative externalities. Students will learn about the free rider problem and how taxation can help different externalities. The lesson includes tasks, examples and videos.
Price Elasticity of Demand (PED) - Microeconomics -  Elastic & Inelastic Goods - PPT & Tasks
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Price Elasticity of Demand (PED) - Microeconomics - Elastic & Inelastic Goods - PPT & Tasks

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A great lesson that teaches prices elasticity of demand (PED). The lesson includes all the key theory behind the concept of elasticity, the difference between elastic and inelastic goods and how to calculate price elasticity of demand. The lesson also looks at elastic and inelastic demand curves. There are many tasks throughout the lesson including a product list task, guess the demand curve task and many tasks on calculating the price elasticity of demand - starting with a simple table tick task, leading up to deep calculations using the PED formula. A perfect lesson for introducing a tough topic. This lesson could be used for both GCSE and AS Level Economics.
Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams
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Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams

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This detailed and engaging lesson covers the key theory behind price. This includes the functions of price, how price reflects value and how supply and demand diagrams help show price. The lesson looks at the equilibrium point and how excess demand or supply can change price. There are many examples of why the supply curve can shift. The lesson includes many tasks and activities throughout. Main Aim: Students will understand how price is determined through supply and demand and the equilibrium point. The lesson also covers the functions of price. The lesson covers the supply and demand diagrams and the theory behind excess demand and excess supply. The lesson includes many tasks and examples.
The Labour Market – Demand & Supply of Labour Complete Lesson
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The Labour Market – Demand & Supply of Labour Complete Lesson

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Students will understand the key economic theory of the labour market. The lesson introduces the difference between the labour and goods market and immobility of labour. The lesson also reflects on the main determinants of demand and supply for labour. The lesson includes a fun game and worksheets.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
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Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

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A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
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Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

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A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

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A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
GCSE Business Studies - Unit 1 Setting Up a New Business - Keyword Championships - Fun Revision Game
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GCSE Business Studies - Unit 1 Setting Up a New Business - Keyword Championships - Fun Revision Game

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Business Studies students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit Setting up a Business from GCSE Business Studies. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Business Studies. A perfect game for GCSE Business Studies. This game has been made to fit the AQA syllabus, however it could easily be adapted for other exam boards. Included in this lesson are the following: Keyword Championship Title Screen Rules of the game Score card Unit 1 - Setting Up a Business Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
Competition – How Producers Compete, Competition & Price, Supply & Demand Curves & Evaluation
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Competition – How Producers Compete, Competition & Price, Supply & Demand Curves & Evaluation

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This detailed and engaging lesson covers the key theory behind Competition. This includes the different ways competitors compete, the difference between price and non-price competition. The lesson also looks at demand and supply and how elasticities can impact competition. The lesson includes many tasks, videos and activities throughout. Main Aim: Students will understand competition. The lesson also covers the ways producers can compete and how elasticity and supply and demand curves impact a competitive market. The lesson includes many videos, tasks and examples.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

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A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.