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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.
Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams
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Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams

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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.
Market Structures – Competitive Markets, Oligopolies & Monopolies – Pros & Cons of Markets
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Market Structures – Competitive Markets, Oligopolies & Monopolies – Pros & Cons of Markets

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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.
A-Level Economics: Poverty & Inequality of Income Bundle
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A-Level Economics: Poverty & Inequality of Income Bundle

4 Resources
This bundle includes all four lessons that cover the poverty and inequality of income topics in microeconomics. Each lesson includes all key theory and numerous tasks. Lessons included: 1. Absolute & Relative Poverty & The Main Causes of Poverty in the UK 2. How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient 3. Income & Wealth - Inequality, Distribution of Income & Poverty 4. Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality
Stakeholders & Business Objectives - Business Studies - GCSE - Worksheet, PPT & Quiz
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Stakeholders & Business Objectives - Business Studies - GCSE - Worksheet, PPT & Quiz

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A bumper lesson on a typical businesses stakeholders. The presentation looks at the main stakeholders for different businesses and their differing objectives. Stakeholders I have focused on include workers, customers, managers, suppliers, government and the local community. The lesson includes numerous real life business examples with an emphasis on McDonalds. There are also a number of tasks throughout the lesson to help keep students engaged. I have also included a nice worksheet on stakeholders to be used at the end of the PPT. I have also included a nice 10 question multiple choice quiz on stakeholders and other topics as a perfect starter for the lesson. Perfect for GCSE Business Studies.
Business Ethics - CSR - Corporate Social Responsibility - Business Studies - GCSE PPT & Tasks
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Business Ethics - CSR - Corporate Social Responsibility - Business Studies - GCSE PPT & Tasks

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A great lesson on teaching business ethics. The lesson starts with students asked to decide whether it is right that Nike uses sweatshops to increase profits - students write down their response on a post-it note and add it to the whiteboard. Students are then shown a great 20 minute documentary on Nike and Sweatshops (link to video included) and then they get an opportunity to change their view. This lesson then looks at the pros and cons of businesses operating ethically and how it may impact their image. The PPT includes examples of some of the least ethical businesses. The lesson then looks at the evidence of whether McDonald’s is ethical or not. Students then consolidate their learning with the 2 page worksheet. A great fun and interactive lesson that helps cover the Growing as a Business topic in GCSE Business Studies.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
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Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

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A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
Economic Systems - Planned, Mixed & Free Marked Economies - PPT, Group Task & Worksheet - GCSE & AS
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Economic Systems - Planned, Mixed & Free Marked Economies - PPT, Group Task & Worksheet - GCSE & AS

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A detailed lesson on the three economic systems. The PowerPoint looks at the key theory for the main types of economic systems; planned (controlled), mixed and free market economies. The lesson looks at the main pros and cons for each and provides relevant examples. I have also included great video links to life in both Cuba and North Korea that will help students fully understand life in a planned economy. I have also included a detailed worksheet on the three economic systems. There is also a good group work task, where students need to argue which economy is the best or worse. A great selection of resources that is aimed at GCSE Economic / Business Studies students, but could easily be adapted for A-Level students.
The Objectives of Firms, Business Models & The Theory of the Firm - Economics - A-Level
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The Objectives of Firms, Business Models & The Theory of the Firm - Economics - A-Level

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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.
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.
Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4
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Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4

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This lesson looks at how poverty and inequality is linked to both the earnings and poverty trap. The lesson focuses on the earnings trap, the poverty trap, the underground trap, the underground economy and the difference between equity and equality. The lesson then looks at both horizontal and vertical equity. The lesson also looks at government policies that are designed to reduce poverty. The lesson includes lots of detailed theory, diagrams, examples and tasks. I have also included a nice gap fill worksheet. I have also included a nice starter activity on the Lorenz Curve. I have also created a nice government policy matching task. The lesson concludes with past exam style questions. I have also included a fun economics Pictionary game for the topics covered in poverty and further back in the syllabus. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and the distribution of income. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 4 of 4 covering poverty and the inequality of the distribution of income.
Production Possibility Curves / Frontiers / Diagrams (PPC) - Opportunity Cost - Economics
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Production Possibility Curves / Frontiers / Diagrams (PPC) - Opportunity Cost - Economics

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This lesson looks at production possibility curves (PPC) and how they show opportunity costs. The lesson includes lots of examples, diagrams and tasks to really help explain this topic. The lesson includes numerous video clips to help consolidate the learning. I have included a group task to make this lesson more engaging. This lesson is perfect for either GCSE or A-Level Economics. Lesson Aim: Students will fully understand how to analyse and draw production possibility curves.
Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics
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Buffer Stocks - Government Price Controls - PPT & Worksheet - A-Level Economics / Microeconomics

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This detailed lesson looks at government intervention in the economy using buffer stocks. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: Government price controls Buffer stocks The short-run fall in agricultural prices Buffer stock supply and demand Problems of buffer stocks Lesson Aim: Students will understand the various ways a government can impose price controls including buffer stocks. I have included a student copy of the lesson to work alongside the main PPT. I have also included a great worksheet based on the corn industry and how a buffer stock could be used. A perfect lesson for A-Level Economics.
Fair Distribution of Income, Wealth & Inequality
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Fair Distribution of Income, Wealth & Inequality

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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.
Poverty & The Unequal Distribution of Income & Wealth
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Poverty & The Unequal Distribution of Income & Wealth

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This detailed and engaging lesson covers the key theory behind poverty and how income and wealth is distributed. This includes the different forms of poverty and the impact this can have on an economy. The lesson also looks at pay day loans and how they had a big impact on society – leading to a high mark exam question. The lesson includes many tasks, worksheets, videos and activities throughout. The lesson also includes a nice group work activity to help consolidate the key theory.
Influences & Evaluating Exchange Rates
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Influences & Evaluating Exchange Rates

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Students will understand the key economic theory behind the main influences on exchange rates, such as inflation, interest rates, competitiveness and the balance of payments. Students will learn how to effectively evaluate exchange rates, and how they impact consumers and producers. The lesson includes tasks, examples and videos.
Economic Growth & Development
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Economic Growth & Development

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Students will understand the key economic theory of economic growth and development. The lesson covers the characteristics of less developed economies, the main indicators of development, and the main factors affecting growth and development. The lesson also covers the government policies to promote economic growth and development. 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.
Globalisation
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Globalisation

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Students will understand the key economic theory of globalisation. The lesson covers what causes globalisation, the characteristics of globalisation and the consequences of globalisation. The lesson also covers the role of MNCs on making the world more global. 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.
Inflation, Price Stability & Deflation
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Inflation, Price Stability & Deflation

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Students will understand the key economic theory of inflation, price stability and deflation. The lesson covers inflation, hyperinflation, disinflation, reflation and much more. The lesson covers the equation of exchange, the quantity theory of money and the Fisher Equation of Exchange. The lesson also covers the consequences of inflation and deflation and whether deflation can ever be good for an economy. 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.
Short-Run Aggregate Supply (SRAS)
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Short-Run Aggregate Supply (SRAS)

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Students will understand the key economic theory of the short-run aggregate supply curve. The lesson cover show aggregate supply is calculated and how it can be show on AS curves. The lesson covers how AS curves can move and shift. The lesson includes deep theory, many tasks and examples. This lesson is aimed at higher level Macroeconomic teaching and includes a great task at practising AD/AS curves and predicting shifts in curves.