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.

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.

This lesson looks at the difference between production and productivity. The lesson includes many key examples, tasks and key theory. I have also included a simple worksheet to work alongside the key theory. The lesson covers the following theory: * Production * Productivity * Factors of production * Labour intensity * Capital intensity Below is a break-down of the lesson aims: All: Students will know the difference between production and productivity. Most: Students will know how to calculate both labour and capital productivity Some: Students will know the main advantages and disadvantages of both labour and capital intensive industries. This lesson is perfect for GCSE Economics and could also be useful for A-Level Economics.

This detailed lesson looks at government intervention in the economy through price floors, price ceilings and subsidies. The lesson also looks at government failure. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: * Price ceilings * Secondary markets * Price floors * Minimum legal prices * Government failure * Subsidies Lesson Aim: Students will understand how the government can impose price floors, price ceilings and subsidies. I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and key examples to help teach a tricky topic. A perfect lesson for A-Level Economics.

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.

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.

This concise and clear PPT allows students to work through an exam style essay question. Students will understand how to structure a 25-mark essay based exam question through the skills of knowledge, analysis, application and evaluation. They will learn how construct PECAN PIE paragraphs and how to access all AO’s effectively. The lesson is centered around the following question: Is Economic Growth Always Good for an Economy? This lesson will work perfectly after covering economic growth in either year 1 or year 2 of macroeconomics. I have also included a corresponding worksheet, where students need to highlight, and peer mark an existing exam answer, whilst highlighting which AO’s have been met and how the answer could be improved. I have also included a nice PECAN PIE template for exam assistance for this and future questions. I have also included a simple key theory sheet which can be given out to students to help them access the question. The lesson includes a nice starter, main and plenary task. This lesson could easily stretch over 2 hours.

A very detailed look at the causes, pros and cons of economic growth and how it can influence different economies. Main aim: Students will expand their theory of economic growth and look at very details pros and cons of economic growth. Students will also look at the major impact economic growth can have to an economy. This lesson covers the following areas: The Benefits of Economic Growth The Disadvantages of Economic Growth The Impact of Economic Growth The Stages of the Economic Cycle The Causes of Changes in the Economic Cycle The lesson has numerous written tasks throughout and leads up to a 25-mark exam style essay question.

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.

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.

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 detailed extension of aggregate demand theory and a detailed look at the consumption function and MPC. Perfect for year 2 A-Level macroeconomics. Main Aim: Students will expand their theory of AD and look at how consumption can be looked to through both the consumption function and MPC. Students will also look at the Multiplier concept. This lesson covers the following areas: Consumption The consumption function and graph Marginal propensity to consume (MPC) Influences on MPC The multiplier effect The reserve multiplier. The lesson concludes with exam-based questions on a news article. This lesson could easily last 2 hours.

This detailed and engaging PPT covers economic systems (groups) and the difference between public and private organisations. The lesson looks at the pros and cons of the different economic systems; planned and free market. The lesson also looks at the main difference between public and private organisations and how their aims can differ. The lesson includes lots of engaging tasks, video links, key theory and relevant examples. Main Aim: Students will understand the what interdependence means, the different economic system; (planned, free market and mixed economies) and the difference between private and public organisations.

This in-depth and engaging PPT has many tasks and key terms and economic theory throughout. The lesson helps introduce microeconomics and the different economic systems. The lesson gives good examples and lots of challenges throughout to make this lesson accessible and engaging. Main Aim: Students will understand the different economic systems, the key difference with needs and wants, the difference between goods and services and the main roles of consumers, producers and governments.

This engaging PPT allows students to re-cap and revise the key theory behind the economic problem. This range of tasks include a detailed A3 revision sheet, a detailed worksheet and homework tasks. The lesson includes lots of engaging tasks, homework tasks and relevant examples and revision activities. Main Aim: Students will re-cap and revise the key concepts of the economic problem. This lesson includes a A3 revision sheet, worksheets and homework tasks.****

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.

This detailed lesson covers the key theory behind the industrial sectors, interdependence and the importance of these sectors. It includes lots of relevant examples, tasks and key theory. The lesson also teaches the main theory behind markets. The lesson includes many fun and engaging tasks through with lots of questions and assessments to check understanding throughout. Main Aim: Students will understand the three main industrial sectors and how they depend on one another. Students will also learn what interdependence is and what is a market with many tasks and examples.

This detailed and engaging PPT covers the economic problem. The lesson reflects on how the economic problem impacts consumers, producers and governments. It also looks at sustainability and choices. The lesson also looks at the 3 key questions linked to the economic problem; what to produce, for whom to produce and when to produce. The lesson includes lots of engaging tasks, key theory, tasks and relevant examples. Main Aim: Students will understand the main economic problem. Students will understand the 3 main questions linked to the economic problem, what is sustainability and how it can impact consumers, producers and governments.

This detailed and engaging PPT covers the four factors of production (land, labour, capital and enterprise) and how they need to work together and often be combined. The lesson also covers how the factors of production can be improved and how this can impact firms. The lesson includes lots of engaging tasks, key theory, homework tasks and relevant examples. Main Aim: Students will understand the four factors of production; Land, Labour, Capital and Enterprise. Students will also understand how the factors of production can be combined.

This detailed and engaging PPT will help students re-cap and revise key theory from economic systems and the factors of production. The lesson includes a great A3 revision sheet, key exam question practice and an interactive research task perfect for homework. It also includes a bonus Word Doc worksheet covering many questions. Main Aim: Students will re-cap and complete tasks to fully cover the main economic systems, goods and services and the factors of production.