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George's Marvellous Business Studies & Economic 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.

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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 Labour Market - The Marginal Revenue Product & Marginal Physical Product of Labour - 3 of 6
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The Labour Market - The Marginal Revenue Product & Marginal Physical Product of Labour - 3 of 6

(1)
This detailed lesson carries on with the key theory behind the labour market. This lesson looks at how to calculate and show both the marginal revenue product (MRP) and marginal physical product (MPP) of labour on a curve. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun revision game called Keyword Championships - a great way to learn and re-cap on all the keywords for A-Level Economics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 3 of 6 of the labour market.
The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour - A-Level Economics 2 of 6
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The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour - A-Level Economics 2 of 6

(1)
This detailed lesson carries on with the key theory behind the labour market. This lesson looks at both the upward sloping curve of labour and the backward-bending curve of labour. This lesson also looks at the monetary and non-monetary factors that impact the supply of labour. The lesson includes numerous questions, diagrams and detailed theory. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Lesson 2 of 6.
The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6
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The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6

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This detailed lesson introduces the labour market. The lesson looks at the goods and factor markets and how the labour market impacts perfectly competitive firms through graphs and examples. The lesson also looks at the main reasons why people work and includes a past paper exam style question. I have also included a fun 'The Price is Right' style game based on salaries and jobs. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Pack 1 of 6.
Government Intervention & Government Failure - A-Level Economics - PPT, Quiz & Worksheets
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Government Intervention & Government Failure - A-Level Economics - PPT, Quiz & Worksheets

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A bumper lesson looking at the key theory behind government intervention and government failure. The lesson includes numerous examples and tasks throughout. The lesson looks at the seven main causes of government failure in a lot of detail. The lesson included a fun 'You Say We Pay' game and an exam style question. I have included a student copy of the PPT alongside the overall PPT. I have also included two tests / quizzes on similar topics and a nice 25 mark exam question template. This lesson is perfect for A-Level Economics.
Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets
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Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets

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This bumper lesson looks at cost-benefit analysis in a lot of detail. The lesson looks at what a CBA is and how it impacts firms and governments. I have included all the key theory on the topic plus many great examples of when cost-benefit analysis was used. Below is a break-down of the lesson objectives: ALL Students will understand the main pros and cons of carrying out a cost-benefit analysis. SOME students to understand a few economic examples of when a cost-benefit analysis should be used. I have included a student copy of the lesson to go alongside the main PPT. I have also included a market failure bingo game, a market failure quiz with answers and a CBA group task. This lesson is aimed at A-Level Economics but could also be useful for Business Studies.
Market Failure, Government Intervention & Allocative Efficiency - A-Level Economics / Microeconomics
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Market Failure, Government Intervention & Allocative Efficiency - A-Level Economics / Microeconomics

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A detailed lesson covering the key theory behind market failure. The lesson covers what is market failure, the main causes of market failure and the results of market failure. The lesson also looks at allocative efficiency and how it links to the market failure. The lesson then looks at how governments may try to intervene and fix market failure. I have also included a fun 'You Say We Pay' game to help re-cap on key topics from the lesson and linked lessons. I have also included a nice market failure bingo game to help make the lesson more interactive and fun. I have included a student copy of the lesson to go alongside the main PPT. A perfect lesson for A-Level Economics.
Contestable Markets & Market Concentration - A-Level Economics / Microeconomics - PPT & Tasks
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Contestable Markets & Market Concentration - A-Level Economics / Microeconomics - PPT & Tasks

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A lesson that covers contestable markets and market concentration. This lesson is aimed at A-Level Economic. Below is a breakdown of the lesson objectives: All Students will understand that a how contestable markets impact firms. Most Students will understand what market concentration is. Some students will understand how to apply this knowledge to a past exam question. The lesson includes key theory, gap fill tasks and multiple choice questions. The lesson concludes with a 25 mark exam style question. I have also included a student copy of the PPT. A perfect lesson for A-Level Economics.
GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR
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GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR

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Every year OCR GCSE Economics release a stimulus material that will be used in the The UK Economy & Globalisation exam (50% of final grade). Over the last three years I have dissected the stimulus material and added my own theory behind the evidence, quotes, graphs and figures. I then include exam style questions that may be asked to help prepare students for their upcoming exam. I have included 12 key revision packs that cover the key topics from last three years (2014, 2015 and 2016). To help students prepare for the 2017 stimulus material and exam these resources may prove to be very useful. They also cover key theory from the unit so may be useful as outright lessons. Some of my packs include student copies - these are slimmed down versions of the main revision packs. Each pack includes a screenshot of the key figures from the stimulus material, keywords and theory and exam style questions. Please see below for a full list of each pack: Pack 1: Balance of Payments Pack 2: Imports & Exports Pack 3: Exchange Rates Pack 4: Competitiveness Pack 5: Poverty Pack 6: Problems of Trade Pack 7: The Eurozone Crisis Pack 8: GDP Pack 9: Economic Growth Pack 10: Poverty & External Debt Pack 11: The EU & Eurozone Pack 12: Exchange Rates This bumper revision pack is aimed at OCR Economics and the The UK Economy & Globalisation exam but they may prove useful for other GCSE exam boards and even A-Level Economics.
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.
Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks
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Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks

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A nice lesson that covers the three industrial sectors in a lot of detail. The lesson introduces the three sectors with relevant theory and examples and reasons why each sector may be increasing or decreasing. I have included many tasks throughout the lesson. This includes a fun traffic light style quiz that looks at examples and gets students to guess which sector or sectors they belong in. The lesson concludes with a nice task where students have to write and draw a nice timeline for an industry of their choice and how it can change over the three sectors. A good lesson aimed at GCSE which could be used for Business Studies, Economics and Geography students,
Calculating Profit - Exam Style Financial Questions - GCSE Business Studies - Worksheet & Answers
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Calculating Profit - Exam Style Financial Questions - GCSE Business Studies - Worksheet & Answers

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A detailed worksheet that covers many exam style questions on calculating profit. The worksheet has brief case study and key financial information, students then must calculate sales revenue, variable costs, total costs and finally whether the business has made a profit or a loss. This worksheet is strongly based on GCSE exam style questions. Perfect for finance revision. I have included the answers for every question and a simple formula sheet to help students answer the questions. This worksheet could also be used for A-Level Business Studies.
Enterprise & Entrepreneurs - Starting a New Business - Business Studies - PPT, Tasks & Group Task
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Enterprise & Entrepreneurs - Starting a New Business - Business Studies - PPT, Tasks & Group Task

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A detailed lesson that covers what enterprise is and how entrepreneurs aim to start new businesses and spot gaps in the market. This lesson has many examples of famous entrepreneurs and the skills needed to start a new business. The lesson looks at a number of key business concepts including opportunity costs, risks, government help for new businesses and much more. The lesson includes a nice group work task for students where they have to create a new social enterprise idea and present to the class. The lesson includes lots of fun tasks and activities throughout. I have also included a nice worksheet on this key business topic. Perfect for either GCSE Business Studies or A-Level Business Studies.
AQA GCSE Business Studies: How to Answer 9 Mark Questions & Show Great Application to the Case Study
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AQA GCSE Business Studies: How to Answer 9 Mark Questions & Show Great Application to the Case Study

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This lesson looks at how to properly tackle exam style questions for AQA GCSE Business Studies. The lesson looks at the four key skills needed in the exam; knowledge, application, analysis and evaluation. The lesson is based around an exam case study from Unit 1: Setting Up a New Business. The lesson gets students to complete a SWOT analysis for the case study, highlight key information and answer questions based around the case study. The lesson concludes by looking at a really great structure for answering 9 mark questions. The lesson includes a fun starter quiz that covers a number of topics from the syllabus. I have also included a well laid out and professional worksheet that is used in conjunction with the PPT. This lesson is aimed at AQA GCSE Business Studies, but it could easily be adapted for other exam boards and may also be useful for A-Level Business Studies. A great overall selection of resources that will help students fully prepare for their examinations.
Price Discrimination - First, Second & Third Degree Price Discrimination - A-Level Economics
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Price Discrimination - First, Second & Third Degree Price Discrimination - A-Level Economics

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This lesson helps students understand what price discrimination is and the conditions needed. This lesson offers key theory on the three different types of price discrimination. The lesson has clear theory, diagrams and examples to make sure students fully understand this economic concept. Below is a breakdown of the lessons learning objectives: All Students will understand the three types of price discrimination. Most Students will understand how to draw price discrimination diagrams for both first and third degree price discrimination. Some students will understand how to apply this knowledge to a past exam question. The lesson concludes with various tasks and exam style questions. I have included a teacher and student copy of the presentation and a worksheet that works alongside a great video link. This lesson is perfect for A-Level Economics.
Oligopoly - Profit Maximissation for Oligopolies (MR=MC) - Collusion & Cartels - A-Level Economics
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Oligopoly - Profit Maximissation for Oligopolies (MR=MC) - Collusion & Cartels - A-Level Economics

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This lesson on oligopolies helps students understand why profits are maximised when marginal revenue equals marginal costs for collusive oligopolies. The lesson looks at how oligopolies can collude and even create cartels. Below is a breakdown of the lesson objectives: All Students will understand that a firms profits are maximised when MR = MC in a price fixing oligopolistic market. Most Students will understand how to draw profit maximisation for price fixing oligopolistic markets. Some students will understand how to apply this knowledge to a past exam question. The lesson focuses on the following key terms and includes various definitions, examples and tasks related to the following: Oligopoly Cartel Collusion MR = MC The lesson concludes with various tasks and a past paper question. I have also included a fun key word quiz to test students on the various microeconomic keywords. My PPT easily explains the rules and has proved very popular with students. This lesson is perfect for A-Level Economics.
Oligopoly - Game Theory & Prisoners’ Dilemma & Oligopolistic Pricing Strategies - A-Level Economics
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Oligopoly - Game Theory & Prisoners’ Dilemma & Oligopolistic Pricing Strategies - A-Level Economics

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This lesson covers some really important theory for oligopolies. The lesson will help students understand how game theory and prisoners’ dilemma impacts an oligopoly and the various pricing strategies that oligopolistic markets may use. The lesson includes various tasks, examples and clear theory and links to various video clips to help consolidate the learning. The first part of the lesson has the following learning objectives: All Students will understand how game theory works and how it impacts oligopolies Most Students will understand how prisoners’ dilemma can cause issues for oligopolies. The second part of the lesson covers the following learning objective: All Students will understand that the various pricing strategies for oligopolies. The lesson concludes with a past paper style question. I have included both a teacher and student copy of the lesson and have included a nice worksheet to work alongside a great video link. This lesson is perfect for A-Level Economics and aims to tackle a tough topic.
Interest Rates - Impact of Increasing & Decreasing Interest Rates - GCSE Economics PPT & Worksheets
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Interest Rates - Impact of Increasing & Decreasing Interest Rates - GCSE Economics PPT & Worksheets

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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.
The Economic / Business Cycle & Money Flow - The Money Supply - GCSE Economics - PPT & Worksheet
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The Economic / Business Cycle & Money Flow - The Money Supply - GCSE Economics - PPT & Worksheet

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This lesson looks at the economic (business) cycle and the money flow in the UK. This lesson looks at the role of the Bank of England and then focuses on the four stages of the economic cycle. The lesson looks at the key characteristics of each stage and how it can impact the economy. The lesson then looks at the money flow and how it can impact the basic flow of income and spending for a consumer. The lesson concludes with exam style questions on the topic. A good lesson for GCSE Economics which could also be used for A-Level.
Inflation - Cost Push & Demand Pull Inflation & Problems of Inflation - Housing Market - Economics
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Inflation - Cost Push & Demand Pull Inflation & Problems of Inflation - Housing Market - Economics

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This lesson on inflation helps students fully understand what inflation is and how it can effect the economy. I have included enough theory that this attached lesson could easily stretch across 2-3 lessons. The lesson looks at what inflation is, how it is measured, a brief history of UK inflation, the problems of inflation and the causes of inflation. The lesson sets out to answer the following learning objectives: All Students will know how inflation levels are measured Most Students will know the different problems caused by inflation Some Students will know the difference between cost push and demand pull inflation The lesson helps students fully understand the key concepts of inflation and covers the following topics in good detail: Inflation Retail Price Index (RPI) Cost push inflation Demand pull inflation Price stability The 2nd lesson then goes on to link key theory to the housing market (a typical exam topic) and how inflation can impact that industry. The lesson looks to cover the following learning objectives: All Students will know what deflation is Most Students will know the different ways of solving inflation Some Students will know how inflation can effect the UK housing market The lesson concludes with various questions based on the theory covered. This lesson is perfect for GCSE Economics and could be sued for A-Level Economics.
Reducing Unemployment - Aims to Reduce Unemployment in the UK - GCSE Economics - PPT & WS
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Reducing Unemployment - Aims to Reduce Unemployment in the UK - GCSE Economics - PPT & WS

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This lesson will help students understand the different ways the government aims to reduce unemployment in the UK. This lesson covers five methods the government could use to help reduce unemployment. The lesson also re-caps on the different types of unemployment and the potential impact of unemployment on a country. The lesson aims to cover the following lesson objectives: All: Students will know the different methods of reducing unemployment Most: Students will understand what the new deal system is and who it effects The lesson concludes with numerous tasks. I have included two detailed worksheets that are linked to the lesson and have also included a nice report project where students need to answer the following question: Inequality is a major issue in Britain. What can the government do to reduce inequality, lower unemployment and create a more equal society? This lesson is perfect for GCSE Economics and could be used for A-Level.