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.

This lesson helps students complete many tasks linked to Price. The lesson will help retrieve and re-cap on essential theory and tasks. This is the perfect lesson to cover after Price, Supply and Demand has been covered in class. The lesson also includes a detailed research / independent study task - perfect for homework. A bonus worksheet has also been included. Main Aim: Students will re-cap and revise the key theory of price. Students will cover one A3 revision sheet that covers all the key questions linked to price. Students will practice supply and demand curves, equilibrium and allocation of resources. Students can also complete a detailed research task on price. The lesson also includes a bonus worksheet based on supply and demand practice.

This detailed and engaging lesson continues the key theory behind price, the allocation of resources and supply and demand practice. This includes the role of markets and how resources are allocated. The lesson covers what market forces are with examples. The concept of the Invisible Hand Theory by Adam Smith is also covered. The lesson finishes with supply and demand diagram questions and how price is impacted. Main Aim: Students will understand how resources are allocated and how that can impact price. Students will also learn how market forces impact price and reflect on the Invisible Hand Theory.

This lesson helps students complete many tasks linked to supply and PES. The lesson will help retrieve and re-cap on essential theory and tasks. This is the perfect lesson to cover after Supply has been covered in class. The lesson also include a detailed research / independent study task - perfect for homework. Main Aim: Students will re-cap and revise the key theory of supply and price elasticity of supply (PES). Students will cover three A3 revision sheets that covers all the key questions linked to supply. Students will practise supply curves, calculations and analyse the most important factors of supply. Students can also complete a detailed research task on supply.

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.

This bumper lesson covers price elasticity of supply in lots of depth and includes many engaging tasks and activities. The lesson covers the key theory behind PES, how elastic and inelastic supply curve are drawn. The lesson also include many tasks linked to calculating a products PES. The lesson concludes with an evaluating of the importance of PES to producers and consumers. The lesson includes lots of worksheets and tasks throughout to keep students engaged. Main Aim: Students will understand price elasticity of supply (PES). This bumper lesson covers the key difference between elastic and inelastic supply – including various supply curves and examples. Calculating PES is covered with lots of tasks and worksheets. The lessons concludes with an evaluation of the importance of PES.

This detailed and engaging lesson covers the key theory behind supply. This includes the law of supply, contractions and extensions of supply and why the supply curve can shift. There are many examples of why the supply curve can shift. The lesson includes many tasks and activities throughout. There is also a nice bonus supply worksheet included. Main Aim: Students will understand the law of supply, how supply can be shown on a demand curve. The lesson covers the main shifts and movements on the supply curve and many tasks and examples.

This lesson helps students complete many tasks linked to Production and Economies of Scale. The lesson will help retrieve and re-cap on essential theory and tasks. This is the perfect lesson to cover after production, productivity and economies of scale. The lesson also includes a detailed research / independent study task - perfect for homework. A bonus worksheet has also been included.

Students will learn the theory behind evaluating economies of scale and the different types of external economies of scale and the various pros and cons. The lesson includes the economies of scale diagram and examples. Lots of examples and tasks throughout. The lesson includes a great A3 Mega Dairy research and group project based on economies of scale. The lesson includes lots of additional worksheets and tasks.

This detailed and engaging lesson covers the key theory behind Market Structures. This includes the different market structures, perfect competition, competitive markers, oligopolies and monopolies. The lesson looks at the pros and cons of each structure and many examples. The lesson includes a group task to consolidate learning. The lesson includes many tasks, videos and activities throughout. Main Aim: Students will understand market structures – including competitive markets, oligopolies and monopolies. The condition, pros and cons of each market structure are covered. The lesson includes many videos, tasks and examples.

Students learn the key formulas for costs, review and profit. Including average revenue and average costs. The lesson includes many financial and calculation-based tasks. The lesson also looks at how costs, revenues and profit can be evaluated and impact supply curves. The lesson includes many tasks, videos, worksheets and examples.

A detailed lesson (61 slides) looking at the various costs of a firm. The lessons has clear theory, examples and tasks (many calculation and graph based questions) for the following costs: Fixed costs Variable costs Marginal costs Average costs Total costs Sunk costs Short-run costs The lesson is perfect for Microeconomics and A-Level Economics. The lesson also includes a student version of the lesson which is streamlined and works alongside the PPT.

This lesson looks at how the growth of firms impacts economies of scale. The lesson looks at the following topics with key theory and examples: Economies of Scale Plant Level Economies of Scale Firm Level Economies of Scale Technical Economies of Scale Multi Plant Economies of Scale The lesson has numerous tasks throughout and includes both a teacher and student copy of the PPT. I have also included a nice keyword loop game - simply cut up the keywords / definition slips and get students to loop them together to create a full chain (full instructions on worksheet). Perfect lesson for A-Level Economics.

This lesson focuses on the basic key theory of the main market structures (as listed below). The lesson includes theory, examples and tasks throughout. Perfect competition Monopolistic competition Oligopoly Duopoly Monopoly The lesson then focuses on perfectly competitive markets and its key diagrams. The diagrams covered includes: Revenue curves in perfect competition Short-run equilibrium in perfect competition Profit maximisation in perfectly competitive markets Long-run equilibrium in perfect competition There are tasks, examples and clear theory for each diagram. The lesson then looks at monopolies and looks at marginal and average revenue curves in a monopoly. The lesson concludes with an exam style question. I have also included a student copy of the PPT. This 48 page PPT can easily stretch across a number of lessons. I have also included a nice keyword quiz. Perfect for A-Level Economics.

This lesson focuses on the four alternative theories of the firm. The lesson re-caps on the main theory of the firm; profit maximization and then looks at four other potential aims for a firm: Revenue maximisation Sales maximisation Managerial theory Organisational theory Each alternative theory of the firm has clear theory, diagrams and examples. I have also included a past exam style question and a mark scheme. I have included a teacher and student copy of the PPT. This lesson is perfect for A-Level Economics.

This lesson focuses on the growth of firms and looks at the many different ways a firm can grow. The lesson looks at the pros and cons of the different ways to grow and includes many tasks throughout the lesson. This lesson covers the following topics in a lot of detail, with relevant theory, examples, videos and diagrams: Internal growth External growth Horizontal integration Vertical integration Lateral growth Mergers Takeovers I have included both a student and teacher copy of the lesson resources. I have also included a nice worksheet on the lesson that has numerous questions on the topic. This lesson is perfect for A-Level Economics and can also be used for Business Studies.

This detailed lesson (35 slides) on oligopolies is a great introduction to a very important market structure. This lesson helps students fully understand why profits are maximised when marginal revenue equals marginal costs for oligopolies and focuses heavily on the kinked demand curve. The lesson looks at the following topics and includes various tasks and examples throughout. Oligopoly Introduction Kinked Demand Curve Game Theory Profit Maximisation I have included various tasks for students to work on during the lesson and have linked to some great videos that help explain a potentially difficult topic. I have also included a great key diagram revision resource for kinked demand curves which has all the information students need on one simple and effective diagram. I have briefly introduced game theory - however this will be covered in a lot more detail in another of my lessons. This lesson is perfect for A-Level Economics.

This lesson looks at interest rates and how they can have a huge impact on the UK economy. The lesson focuses on the current interest rate and how it impacts different people. The lesson then looks at how an increasing or decreasing interest rate can impact various stakeholders. The lesson concludes with exam style questions and a fun interest rate challenge. I have also included a two interest rate worksheets which cover a lot of different questions. I have also included an answer sheet for one of the worksheets. This lesson is perfect for GCSE Economics and could be used for Business Studies. This lesson could also be adapted for A-Level.

An extension of aggregate supply theory and a detailed look at LRAS, the banking system and the labour market. Main aim: Students will expand their theory of AS and look at how focus on detailed reason how LRAS can be impacted in an economy. Students also assess both the Classical and Keynesian view. This lesson covers the following areas: Re-cap on aggregate supply Keynesian vs Classical Aggregate Supply & the Institutional Structure of the Economy The Labour Market & LRAS Keynesian Economists & Wage ‘Stickiness’ The lesson includes numerous written tasks with two essay-based exam questions at the end. This lesson could easily last 2+ hours.