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.

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.

A bumper selection of resources that covers many aspects of people in business. The lesson starts with appraisals. The PPT looks at what appraisals are and the pros and cons they bring to a business. This short lesson then goes over many aspects of the people in business topic. I have included detailed worksheets and quizzes that covers topics ranging from recruitment, training and motivation. A Perfect summary / revision lesson for GCSE Business Studies.

This lesson looks at technological change and how it is impacting firms. The lesson looks at the difference between invention and innovation with relevant examples. The lesson also focuses on synergy demand and how some firms are using this to create huge profits. The lesson then looks at disruptive innovations and barriers to entry. The lesson concludes with some questions to help reflect on the key theory. I have included a teacher and student copy of the PPT. I have also included Economics Pictionary as a nice plenary game - this game includes key words to use and explains the rules. The lesson is perfect for teaching microeconomics at A-Level and could be used for Business Studies.

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.

Students learn the key theory behind interest rates. The lesson looks at how interest rates can impact an economy, The lesson includes a detailed worksheet, asking students to calculate various interest rates. This lesson is perfect when teaching the financial market and monetary policy. Answer sheet included.

This detailed and engaging lesson covers the key theory behind inequality and how income and wealth is distributed. This includes the different forms of income and wealth and how they are distributed. The lesson looks at how incomes are unevenly distributed and what economic impacts this can lead to. The lesson includes many tasks, worksheets, videos and activities throughout.

Students will understand the key economic theory of monetary policy. Students will learn about the interest rates, inflation, the base rate and the objectives of The Bank of England. Students will learn about the Monetary Policy Committee and their role in keeping inflation under control. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.

Students will understand the key economic policies to help increase the consumption of positive externalities and lower the consumption of negative externalities. These include indirect taxes, subsidies, laws and regulations, government campaigns, nudges and state provision. The lesson includes tasks, examples, exam style questions and videos.

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.

Students will understand the key economic theory of Supply-Side policies. The lesson covers the different types of supply-side polices such as free market and interventionist policies. The lesson also covers the micro and macro effects of supply-side policies. 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.

Students will understand the key economic theory of macroeconomics and how economies can be judged through veracious types of indicators and data. Students will learn about the key government objectives and how they can be measured. Students will also look at economic growth and PPF diagrams and how this links to various bits of data. The lesson also reflects on how non-economic measures can be used to judge an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a group task and various worksheets.

A bumper lesson that looks at the many different reasons people are paid different wages / salaries across the country. The lesson looks at key theory from compensating wage, different skill levels, trade unions, discrimination to the elasticity of the supply and demand of labour. The lesson includes relevant examples to help easily explain each wage differential. The lesson builds up to a past exam question where students need to answer why doctors get paid more nurses. A perfect lesson for GCSE Economics and Business Studies and could easily be used / adapted for A-Level lessons.

A detailed lesson on franchises. The lesson is targeted for AS / A-Level Business Studies students. The lesson looks at the pros and cons of the franchise model and what it may mean to entrepreneurs and the various pros and cons. The lesson also includes a detailed look at how McDonalds operates into franchising model. I have included a nice starter quiz and a detailed worksheet to help consolidate the learning from the PPT. This lesson is aimed at AS / A-Level Business Studies students but the lesson could be adapted for GCSE Business Studies.

An in-depth look at how unemployment can impact an economy. This lesson looks at voluntary and involuntary unemployment in a lot of detail. Lesson Aim: Students will understand the different types, consequences and impact of unemployment to an economy. The lesson covers the following topics: The Causes of Real Wage Unemployment The Natural Rate of Unemployment Factors Determining the Natural Rate of Unemployment Reducing the Natural Rate of Unemployment NAIRU The Consequences of Unemployment Hysteresis & Unemployment The lesson includes exam style questions, examples, diagrams, a research task and a fun end of lesson game. This detailed PPT will easily last 2 hours and will give students a real understanding of how unemployment impacts an economy.

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.

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.

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 2 Keyword Championships helps students re-cap on all the keywords from the unit Growing as 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 following: Keyword Championship Title Screen Rule of the game Score card Unit 2 - Growing as 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.

At the end of each year (and even each term) I like to play a fun revision game with my GCSE Economics students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit How the Market Works from GCSE Economics. 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 Economics. A perfect game for GCSE Economicss. This game has been made to fit the OCR syllabus, however it could easily be adapted for other exam boards. Included in this lesson are following: Keyword Championship Title Screen Rule of the game Score card Unit 1 - How the Market Works 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.

A good overview and whole lesson on how national income data can measured and how it impacts an economy. Lesson aim: Students will understand how income data is measured, why governments measure income data and the main limitations of using income data to access living standards. This 33 slide PPT offers a perfect 2 hour+ lesson on national income data. The lesson looks at the following areas: Measuring National Income Why do Governments Measure National Income? What are the Limitations of Using National Income Data to Measure Living Standards? Other ways of measuring living standards The Big Mac Index The lesson has a number of written tasks throughout including two essay-based exam questions at the end. Overall a perfect lesson for A-Level economics.