This lesson / resource is a lesson covering Microeconomic and Macroeconomics and has been designed for GCSE / iGCSE Economics. ⠀ It has the following learning objectives shown below: Learning objectives/Outcomes: Understand the differences between microeconomics and macroeconomics Know the decision makers involved in microeconomics and macroeconomics ⠀ This download includes: A full lesson PowerPoint Matching task - Micro / Macro Decision makers worksheet Elearning version of 1 Micro and Macro matching task ⠀ All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. ⠀ The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. ⠀ Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. ⠀ The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources ⠀ See my other resources for Business Studies, Computer Science and ICT here

This resource part of a series to check understanding of the Basic Economic Problem (scheme of work) to check understanding of Opportunity Costs and Production Possibility Curves. ⠀ This resource has 24 multiple choice questions to check student understanding with a full presentation with the answers. ⠀ Resources to run the lesson(s) included in this download: Printable Test with 24 multiple choice questions Answer sheet for teacher Presentation with answers for teacher to review with students ⠀ ⠀ The Scheme of Work for this unit is as follows: Introduction to Economics - Basic Economic Problem Factors of Production Opportunity cost Production Possibility Curves End of Unit Test Questions (with Answers) ⠀ All necessary resources are included in this download and all resources are for a double lesson (or two single lessons) i.e. there should be enough to content to cover around 1 hour and fifty minutes. ⠀ This lesson is part of the topic of understanding the Basic Economic Problem ⠀ The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work. ⠀ All activities and resources have been used in classes and any errors will be fixed and resources updated as soon as I am aware them. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. ⠀ If you have an idea for a topic / resource that you would like to see, feel free to leave a comment. ⠀ The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources. ⠀ See our other resources for Business Studies, Computer Science and ICT here

This lesson / resource is a lesson covering Supply and has been designed GCSE / iGCSE Economics. ⠀ It has the following learning objectives shown below: Learning objectives/Outcomes: Understand what Supply is Know the relationship between Price and Supply Understand the Conditions of Supply ⠀ This download includes: A full lesson PowerPoint Animated graphs and explanations Practical tasks and examples Handout for students to complete in the lesson Extension task ⠀ All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. ⠀ The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. ⠀ Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. ⠀ The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources ⠀ See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource is a lesson covering Market Failure and has been designed for GCSE / iGCSE Economics. It has the following learning objectives shown below: Learning objectives/Outcomes: Understand the meaning of Market Failure Know the difference between Public Goods, Merit Goods, and Demerit Goods Know the difference between social costs / benefits and private costs / benefits Understand the main reasons for market failure This download includes: A full lesson PowerPoint Printable Sort Task All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource is a lesson covering Factors of Production and has been designed for GCSE / iGCSE Economics. It has the following learning objectives shown below: Learning objectives/Outcomes: Know the meaning of Factors of Production and give examples Understand the Rewards for each Factor of Production Understand what contributes to the mobility of the Factors of Production Know the possible causes of changes in the Quantity and Quality of the Factors of Production This download includes: A full lesson PowerPoint 3 Printable Activities Exam Skills Practice Extension Research Tasks All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource is a lesson covering The Economic Problem and has been designed GCSE / iGCSE Economics. It has the following learning objectives shown below: Learning objectives/Outcomes: Know the difference between Needs and Wants Understand what the Economic Problem is and the definition of Economics Know the effect of Finite Resources and Unlimited Wants Understand the difference between economic goods and free goods This download includes: A full lesson PowerPoint Homework Questions with answers All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource is a lesson covering Demand and has been designed GCSE / iGCSE Economics. It has the following learning objectives shown below: Learning objectives/Outcomes: Understand what Demand is Know the relationship between Price and Demand Understand the difference between Individual and market demand Understand the Conditions of demand This download includes: A full lesson PowerPoint Starter for discussion - Can we have everything? Why not? Animated graphs and explanations Practical tasks and examples Extension task All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource is an Flat Vs Progressive Tax Spreadsheet and has been designed GCSE / iGCSE Economics and Business Studies. I wrote this spreadsheet so students could see the impact of different tax rates (Flat Vs Progressive). It uses the current UK Tax rates to calculate the amount of tax that would be payable on a salary inputted by the user. The user can also vary the flat tax rate to compare the outputs. This download includes: Taxation Spreadsheet The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Harvey Taylor. See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource is a full lesson on Production possibility curve diagrams (PPC) and has been designed GCSE / iGCSE Economics. It has the following learning objectives shown below: Learning objectives/Outcomes: Know the Definition of Production Possibility Curves Understand how to draw and interpret Production Possibility Curves Understand the significance of the location of Production Points This download includes: A full lesson PowerPoint Starter for discussion - Think like an economist Animated graphs and explanations Practical tasks and examples Two printable case studies Extension task All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Harvey Taylor. See my other resources for Business Studies, Computer Science and ICT here

This lesson / resource covers **The Market Mechanism, Price Elasticity of Demand ** and deals with the following learning objectives and been designed for GCSE Business Studies. This resource has one lesson. Lesson Learning objectives/Outcomes: Understand Supply and Demand and how a price is determined in a market Understand the factors that might affect Supply and Demand and therefore Quantity Supplied / Demanded and Price Understand how price elasticity of demand has an effect on revenue This download includes: Full Powerpoint 2 Graph tasks to plot Supply / Demand Table completion task Group work and discussion All necessary resources to run the lesson are included in this download and all my lessons are for a double lesson i.e. to take around 1 hour and fifty minutes so they can be separated into two single lessons if required. The aim of all my resources is to provide lessons / activities of good quality that will add value to your lessons / schemes of work without any extra planning. All activities and resources have been used in class and any errors will be fixed and resources updated as soon as I am aware of any errors. I have priced my resources at what I consider to be a reasonable cost based upon the amount of effort and work I have put into them but all comments and suggestions are very welcome and will be used to improve future resources. Please do leave a review and if you have an idea for a topic / resource that you would like to see (or improvement for this resource), feel free to contact me. The contents of this page and all downloaded materials are copyrighted Taylor Teaching Resources. See my other resources for Business Studies, Computer Science and ICT here

A nice revision activity or can be used for students to complete as they understand more about economics (to complete as they go!)

Students look at prices for a variety of goods and discuss what the price was in 1970. They fill in the table with what they think the prices were and then discuss why prices may have changed paying particular attention to inflation