This lesson helps students complete many tasks linked to market failure and limitations of markets. 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 market failure and externalities. A perfect consolidation lesson.

Students will understand the key economic theory of positive externalities and how this links to the Brazilian rainforest. Students will reflect on the impact deforestation is having on Brazil and the world, both economically and environmentally. Students will work ion a group to reflect ion the issues raised in the lesson. The lesson includes tasks, examples and videos.

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.

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.

Students will understand the key economic theory of national income and economic growth. Students will learn about what national income is, how it measured, and how it links into GDP, GNP and GNI. Students will also reflect on how national income is measured and the limitations it can bring to an economy. The lesson reflects on how this data can be used to compare living standards and its limitations. 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.

Students will learn about the key differences between perfect and imperfect information. Students will learn how imperfect information can occur in a market and lead to market failure. The lesson includes videos, tasks, examples, exam style questions and a A3 revision sheet.

Students will learn about the key aspects of how consumers behave and the impact of behaviour economics. Students will learn about utility, marginal utility, diminishing returns and how it links to total utility curves and the marginal utility curve. The lesson includes videos, tasks, examples, exam style questions and a A3 revision sheet.

Students will learn about the key concepts and theory behind loss aversion and anchoring and how this relates to behavioural economics. Students will learn key economic examples of each and how it impacts the choices of consumers, firms and governments. Videos, tasks and exam style questions included.