A great lesson that focuses on the wage differentials between doctors and nurses. The lesson is built around the following exam question: Discuss the reasons why doctors are paid more than nurses. The lesson is split into four sections and helps students know how to show 1. Knowledge, 2. Application, 3. Analysis and 4. Evaluation skills. The lesson is a great aid to both a key labour market topic but also a brilliant way of getting students ready for their higher mark exam questions. A perfect resource for GCSE Economics and possibly Business Studies. The lesson could be adapted for 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.

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.

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 lesson on inflation helps students fully understand what inflation is and how it can effect the economy. I have included enough theory that this attached lesson could easily stretch across 2-3 lessons. The lesson looks at what inflation is, how it is measured, a brief history of UK inflation, the problems of inflation and the causes of inflation. The lesson sets out to answer the following learning objectives: All Students will know how inflation levels are measured Most Students will know the different problems caused by inflation Some Students will know the difference between cost push and demand pull inflation The lesson helps students fully understand the key concepts of inflation and covers the following topics in good detail: Inflation Retail Price Index (RPI) Cost push inflation Demand pull inflation Price stability The 2nd lesson then goes on to link key theory to the housing market (a typical exam topic) and how inflation can impact that industry. The lesson looks to cover the following learning objectives: All Students will know what deflation is Most Students will know the different ways of solving inflation Some Students will know how inflation can effect the UK housing market The lesson concludes with various questions based on the theory covered. This lesson is perfect for GCSE Economics and could be sued for A-Level Economics.

This lesson helps students understand what price discrimination is and the conditions needed. This lesson offers key theory on the three different types of price discrimination. The lesson has clear theory, diagrams and examples to make sure students fully understand this economic concept. Below is a breakdown of the lessons learning objectives: All Students will understand the three types of price discrimination. Most Students will understand how to draw price discrimination diagrams for both first and third degree price discrimination. Some students will understand how to apply this knowledge to a past exam question. The lesson concludes with various tasks and exam style questions. I have included a teacher and student copy of the presentation and a worksheet that works alongside a great video link. This lesson is perfect for A-Level Economics.

A detailed lesson that covers what enterprise is and how entrepreneurs aim to start new businesses and spot gaps in the market. This lesson has many examples of famous entrepreneurs and the skills needed to start a new business. The lesson looks at a number of key business concepts including opportunity costs, risks, government help for new businesses and much more. The lesson includes a nice group work task for students where they have to create a new social enterprise idea and present to the class. The lesson includes lots of fun tasks and activities throughout. I have also included a nice worksheet on this key business topic. Perfect for either GCSE Business Studies or A-Level Business Studies.

A detailed worksheet that covers many exam style questions on calculating profit. The worksheet has brief case study and key financial information, students then must calculate sales revenue, variable costs, total costs and finally whether the business has made a profit or a loss. This worksheet is strongly based on GCSE exam style questions. Perfect for finance revision. I have included the answers for every question and a simple formula sheet to help students answer the questions. This worksheet could also be used for A-Level Business Studies.

This lesson covers some really important theory for oligopolies. The lesson will help students understand how game theory and prisoners’ dilemma impacts an oligopoly and the various pricing strategies that oligopolistic markets may use. The lesson includes various tasks, examples and clear theory and links to various video clips to help consolidate the learning. The first part of the lesson has the following learning objectives: All Students will understand how game theory works and how it impacts oligopolies Most Students will understand how prisoners’ dilemma can cause issues for oligopolies. The second part of the lesson covers the following learning objective: All Students will understand that the various pricing strategies for oligopolies. The lesson concludes with a past paper style question. I have included both a teacher and student copy of the lesson and have included a nice worksheet to work alongside a great video link. This lesson is perfect for A-Level Economics and aims to tackle a tough topic.

This detailed lesson carries on with the key theory behind the labour market. This lesson looks at The National Minimum Wage and various wage differentials. The lesson looks at the main pros and cons of the minimum wage and the key wage reasons why people earn different wages. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 5 of 6 of the labour market.

This detailed lesson carries on with the key theory behind the labour market. This lesson cover the key theory behind monopsonies and how they impact the labour market. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun economics pictionary game that helps re-cap on key theory based on A-Level Microeconomics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 4 of 6 of the labour market.

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.

A nice lesson that covers the economic problem. The lesson looks at scarcity and choice and how resources are allocated. The lesson looks at opportunity cost and includes a nice task on this topic. I have also included a Mars Bar utility task which will keep students engaged. I have also included a keyword scramble and a nice factors of production gap fill task. I have also included a nice worksheet based on topics around the economic problem - this worksheet includes matching tasks, gap fills and questions. I have also included a student version of the lesson. This lesson can be used for either GCSE or A-Level Economics. Lesson aim: Students will fully understand the economic problem and how resources are allocated.

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.

This lesson looks at public and private goods and how they link to market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson covers the following key theory: * Public goods * Quasi public goods * Non-rivalry * Non-excludable Main lesson aim: Students will understand what public goods are and how they can lead to market failure if they are not properly provided. * All Students will understand what public goods are and know a number of relevant examples. * Most Students will understand the difference between pure public goods and quasi-public goods with relevant examples. * Some students will know how to answer 25 mark exam questions on public goods. The lesson starts with a fun quiz on the lesson topic. I have included a great 'Public & Private Goods in the Economy' task. The lesson then looks at a high mark exam question which includes a useful template. The lesson concludes with a nice 'You Say We Pay' game to help cover the key theory. I have also included a student copy of the PPT. This lesson is perfect for A-Level Economics. I have included 2 separate PPT's that could help stretch this topic over two full lessons.

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.

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.

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.

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.