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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.
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.
Uses of National Income Data & Living Standards - Year 2 - Macroeconomics / Economics A-Level
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Uses of National Income Data & Living Standards - Year 2 - Macroeconomics / Economics A-Level

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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.
Interest Rates
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Interest Rates

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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.
Economic Growth
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Economic Growth

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Students will understand the key economic theory of the economic growth. Students will learn how economic growth is measured and calculated. Students will also look at GDP and GDP Per Capita. Economic growth and inflation are also touched upon. The lesson also gets students to analyse various economic growth data and how it can impact other government objectives. The lesson includes tasks, examples, worksheets and videos.
Government Intervention in the Economy - Ways to Correct Market Failure - A-Level Economics
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Government Intervention in the Economy - Ways to Correct Market Failure - A-Level Economics

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This detailed lesson looks at government intervention in the economy. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: * Pro-Free Market Economists VS Interventionist Economists * The main reasons for government intervention * Ways to correct market failure * The forms of government intervention Lesson Aim: Students will understand what government intervention is and how it can help / hinder an economy. I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and videos to help teach a tricky topic. A perfect lesson for A-Level Economics.
Measuring Inflation & The Causes of Inflation (Demand-Pull & Cost-Push)
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Measuring Inflation & The Causes of Inflation (Demand-Pull & Cost-Push)

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Students will understand the key economic theory of how to measure inflation and the different causes it can have on an economy. Students will learn about cost-push and demand-pull inflation and how it links to the wage price spiral. The lesson includes tasks, examples and videos. The lesson also includes a nice inflation bingo task to help consolidate learning.
Fiscal Policy – Budgets & National Debt
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Fiscal Policy – Budgets & National Debt

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Students will understand the key economic theory of fiscal policy, the national debt and budgets. Students will learn about the difference between budget deficit and budget surpluses. Students will learn about the income and wealth plus the pros and cons of progressive taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Evaluating Monetary Policy
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Evaluating Monetary Policy

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Students will understand the key economic theory of evaluating monetary policy. Students will reflect on how monetary policy can impact investment, savings, borrowing and consumer spending. The lesson also includes a task based on the financial crash in 2008. The lesson includes tasks, examples and videos.
The Consequences of Unemployment to an Economy
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The Consequences of Unemployment to an Economy

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This detailed and engaging lesson looks at the main consequences unemployment has on the economy, individuals, the government, regions and businesses. The lesson includes a fun re-cap on the types of unemployment and how this tie into the main consequences. The lesson also reflects on any potential benefits of unemployment. The lesson includes examples, videos, activities throughout. The lesson also includes two worksheets.
Monetary Policy Overview Revison Lesson - A3 Worksheets
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Monetary Policy Overview Revison Lesson - A3 Worksheets

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This lesson helps students complete many tasks linked to monetary policy. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching monetary policy. A perfect consolidation lesson.
The European Union (EU) – Was Brexit Good or Bad?
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The European Union (EU) – Was Brexit Good or Bad?

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Students will understand the key economic theory and history of the European Union (EU). Students will reflect on the impact Brexit and how it can positively and negatively impact the UK economy. Students will work in a group to reflect on the issues raised in the lesson. The lesson includes tasks, examples and videos.
Globalisation
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Globalisation

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Students will understand the key economic theory of globalisation. Students will learn what globalisation is, the characteristics of globalisation and the likely consequence of globalisation. Students will reflect on how MNC’s also impact globalisation. The lesson includes tasks, examples and videos.
Employment & Unemployment Overview Revision Lesson
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Employment & Unemployment Overview Revision Lesson

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This lesson helps students complete many tasks linked employment and unemployment. The lesson will help retrieve and re-cap on essential theory and tasks. These include data analysis tasks, key theory tasks, exam style questions and diagram questions. This is the perfect lesson to cover after teaching the unemployment. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Economic Growth & The Economic Cycle
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Economic Growth & The Economic Cycle

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Students will understand the key economic theory of economic growth and the economic cycle. The lesson covers what is economic growth, the pros and cons of economic growth and the likely impact of economic growth to various stakeholders. The lesson also overs the stages of the economic cycle and what can cause a change in the cycle. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Employment & Unemployment
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Employment & Unemployment

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Students will understand the key economic theory of employment and unemployment. The lesson covers the types of unemployment and how it is measured. The lesson also covers ‘stick wages’ and how this links to voluntary and involuntary unemployment. The lesson covers the natural rate of unemployment, NAIRU and the consequences of unemployment. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
The Short & Long-Run Aggregate Supply (LRAS)
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The Short & Long-Run Aggregate Supply (LRAS)

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Students will understand the key economic theory of the Short-Run (SRAS) and Long-Run aggregate supply (LRAS). The lesson reflects on both classical and Keynesian economic theory linked to this topic. The lesson also includes theory on how the banking system and the labour market impact aggregate supply plus the paradox of thrift. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Government Objectives & Conflicts of Macro Objectives (Including Phillips Curve)
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Government Objectives & Conflicts of Macro Objectives (Including Phillips Curve)

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Students will understand the key economic theory of government objectives and the conflicts of these objectives including the Phillips Curve. The lesson covers the five main economic objective and their clashes such as economic growth and inflation. The lesson also covers the short-run and long-run Phillips curve. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of Fiscal Policy. The lesson covers government expenditure and income through taxes. The lesson covers why governments levy taxes, the principles of taxation and the Laffer curve. The lesson also covers budget balances, deficits and surpluses and how this links to national debt. 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.
The Multiplier & Marginal Propensity to Consume (MPC)
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The Multiplier & Marginal Propensity to Consume (MPC)

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Students will understand the key economic theory of the multiplier and marginal propensity to consume (MPC). The lesson covers the main influences on MPC and how these ties in to the multiplier. The lesson covers how to calculate MPC and the multiplier with relevant questions. The lesson also covers the accelerator effect The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
Introduction to Macroeconomics & Key Macro Indicators
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Introduction to Macroeconomics & Key Macro Indicators

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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.