This lesson will help students understand what unemployment is, the different types and how it is measured in the UK. The lesson includes key theory, examples and video clips to promote a healthy class discussion on the topic. Below is a breakdown of the lessons objectives: All Students will know how unemployment levels are measured in the UK. Most Students will know the different types of unemployment. Some Students will know how interpret key unemployment data and show analytical skills. The lesson aims to explain the following key theory (including the different types of unemployment): ILO Survey Structural unemployment Seasonal unemployment Cyclical unemployment Frictional unemployment Classical unemployment Each type of unemployment includes examples and key definitions. The lesson concludes with written questions based on the theory covered. I have also included a multiple choice quiz for the topic. This lesson is perfect for GCSE Economics and could also be used for A-Level.

This lesson will help students understand what economic growth means, the main benefits and drawbacks of economic growth, how economic growth can be measured and how it can effect an economy. This lesson includes numerous tasks and key theory. Below is a breakdown of the lessons objectives: All: Students will know what economic growth is. Most: Students will know the difference between GDP and GDP per capita. Some: Students will know which countries have the highest and lowest GDP and GDP per capita around the world. The lesson looks at the following concepts in a lot of detail and includes various tasks, key terms and examples: Economic Growth Benefits and Drawbacks of Economic Growth Gross Domestic Product (GDP) GDP Per Capita Standard of Living The lesson includes many fun activities and interactive tasks and concludes with various written questions, I have also included a useful mini test that could be used in a separate lesson. I have also included a fun multiple choice quiz to help students re-cap on the lesson. This lesson is perfect for GCSE Economics but could easily be used for AS level Economics. This lesson could also be used for Geography.

A nice introduction lesson on teaching macroeconomics to GCSE Economic students. The lesson introduces vital economic key terms and basic theory. Below is a breakdown of the lesson objectives: All students will know the main measures of an economy Most students will have an idea of what the UK economy is currently like Some students will know how different factors can effect the UK economy The lesson looks at the basics of the following macroeconomic concepts with definition, examples and valid video links: Inflation Unemployment Economic growth Gross domestic product (GDP) Balance of payments Exchange rates The lesson concludes with a nice multiple choice quiz to test students on the lessons theory. Overall a good lesson that briefly looks at some the of most important topics in macroeconomics. This lesson is perfect for GCSE Economics but could also be used for AS Economics.

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 high quality lesson looks at the five main economic efficiencies as listed below: Technical efficiency Productive efficiency X-Efficiency Allocative efficiency Dynamic efficiency Each type of efficiency is clearly explained and uses relevant examples and diagrams. I have included various tasks throughout the lesson as listed below: Starter - Mini Whiteboard Task Economic Efficiency Consolidation Quiz Peer work: Exam Question Analysis Plenary Post-it Notes – Key Economic Efficiency Tips The teacher PPT is 34 slides and will help deliver a top quality lesson. I have also included a streamlined student copy of the PPT and a efficiency test. This lesson is perfect for A-Level Economics.

This lessons aims to help students fully understand how a firms maximum profits are calculated. The lesson looks at MR = MC and uses various graphs and table questions to help teach a tricky but essential topic. The lesson looks at each of the following key terms with straightforward explanations, examples and questions : * Profit maximization * Marginal revenue * Marginal costs * Theory of the firm * Law of diminishing returns I have also included two key diagram sheets; one covers profit maximisation in perfectly competitive markets and the other covers the long-run equilibrium in perfectly Competitive markets. The lesson concludes with an exam style question and mark scheme. I have included a teacher and a student copy of the PPT. This lesson is perfect 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 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 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 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 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.

A good lesson that looks at profit maximization in a lot of detail - what it is, how it calculated and how it can be shown on a graph. The lesson also looks at the key theory behind the three types of profits; Normal Profits, sub-normal profits and super-normal (abnormal) profits. The lesson includes all key theory and numerous tasks and activities. I have included both a student and teacher version of the lesson. Perfect lesson for A-Level Economics / Microeconomics.

A nice lesson that looks at a firms revenue and how profit maximization (MR=MC) can be achieved and calculated. This lesson looks at all the key theory for microeconomics and has numerous tasks - including gap fill questions, calculation tasks and graphs. I have included a teacher version and a student version of the resource. The teacher presentation includes answers to set questions. A great resource for teaching A-Level Economics.

This bumper 50 slide PPT covers economies of scale in a lot of detail. The lesson covers all the key theory for this vital topic including internal and external economies of scale, diseconomies of scale, Long-run cost curves and minimum efficient scale. The lesson has great notes on the key theory and diagrams. The lesson includes numerous tasks including calculation, graph and written activities. A really good and detailed resource on a great economic topic. Perfect for A-Level economics.

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.

A really detailed lesson on the law of diminishing returns and returns to scale. This lesson looks at the difference between the short-run and long-run and introduces the concept of the law of diminishing returns with nice clear and fun examples. The lesson then explains returns to scale and the three possibilities. I have tried to make this tricky topic easy for students to understand and included various tasks throughout the lesson. There are graph and calculation questions and a exam style question to finish off. I have also included a nice multiple choice quiz on the topic which would be perfect for a plenary / starter task. Perfect set of resources for A-Level Economics / Microeconomics.

A nice lesson that looks at the clear difference between the public and private sector. The lesson looks at examples of government run organisations and the key theory and how private firms are run, again with clear examples and theory. The lesson includes a nice gap-fill worksheet (answers also provided). This lesson is perfect for both GCSE and A-Level Business Studies and Economics.

A detailed lesson on the objectives of firms, the different business models, a brief introduction to the theory of the firm, satisficing and profit maximization. This is a great introduction lesson to A-Level Economics and Business Studies. This 38 slide lesson includes key theory and relevant examples. The lesson looks at the main objectives of firms - including profit maximization. The lesson also looks at the pros and cons of typical business models such as sole traders, partnerships, LTD’s and PLC’s. I have also included a condensed student copy of the presentation which includes key theory and tasks. I have also included a nice gap-fill worksheet on the theory covered to help students reflect on the topics covered (answers included on separate document). This lesson is perfect for A-Level Economics / Microeconomics and can also be used for Business Studies.

A bumper lesson that looks at how a business can aim to improve its cash flow. The lesson includes all the key theory and the possible impact of certain decisions to improve sales or lower costs. The lesson includes a student handout copy of the lesson that works alongside the main lesson PPT. There are many tasks and examples throughout to help keep students engaged and learning. I have also included a cash flow forecast worksheet. This lesson is aimed at A-Level Business Studies students.

A great and very detailed lesson on calculating cash flow forecasts (could easily be used across 2-3 lessons). This lesson introduces the key theory behind cash flow forecasts and then sets up students to complete a number of blank cash flow flows using the data provided. The lesson also looks at the pros and cons of cash flow forecasts and what a cash flow statement is. A great selection of resource that should make this finance topic easy to understand and engaging. Answers are provided for most of the worksheets. The lesson also includes a 12 month cash flow forecast task - a great activity that can really test a students understanding. Perfect lesson for A-Level Business Studies and Accountancy.