This double lesson introduces learners to the final two components of aggregate demand - government expenditure (G) and net trade (exports - imports). We start with a recap on investment before looking at different categories of government spending. We then look at some recent examples of how much government has spent as well as the 2021 budget by Rishi Sunak. Students can see the difference between a budget deficit and the national debt. A short exam style question on the increase in tax allowance with a model answer on the following slide. In the second lesson, we look at net trade and factors which affect the UKs net trade balance. An 8 mark question with a model answer for students to look at for improvements to own answers. We finish with a true and false quiz and a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the components of aggregate demand before looking at each component in greater detail later in the course. We start by breaking down the definition of aggregate demand to undestand the components involved. We look at the AD curve and understand why it slopes downwards and why it is different to the micro demand curve although looks the same. We look at movements and shifts in the AD curve and students have the opportunity to practice drawing the diagram with shifts - answers provided. A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to long-run aggregate supply, we start by looking at the classical and keynes models, with a discussion on spare capacity to understand the keynes version. Step-by-step animated diagrams with explanations so it is easy for students to understand and for the teacher to deliver. We then look at the factors which can shift LRAS. Lots of practice questions with illustrated answers so students know if they are on the right track. In the second part of the lesson, students combine their knowledge on AD and AS, we read a case study on rising house prices and attempt a question on the effects on AD and AS. A model answer is provided and students can peer assess with the marking grid. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the causes of economic growth, we start by looking at what growth is by differentiating between actual and potential growth. We look at different ways to show growth through step by step diagrams. We watch a few videos for context on economic growth and the export-led economic growth of Bangladesh. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to supply side policies to increase the productive potential of the economy. We look at both, market based and interventionist policies, with relevant examples for each one. We look at the pros and cons of using supply side policies for the economy. A group task engaging students to come up with supply-side policies and a question on how to boost the productivity of the manufacturing sector. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson builds learners understanding on demand-side policies. We look at different interest rates to understand the base rate. We look at fiscal policy and the most recent spending review, students discuss what impact these policies might have on AD. An interesting documentary on the interest rate rise which shows the point of view from different people - an exam style question with guidance and a model answer is provided for students to use before peer assessing. In the second lesson, we look at quantitative easing and demand side policies used in the great depression and 2008 financial crisis. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson summarises the possible macroeconomic objectives which students would have heard throughout the course so far. We look at the 7 main objectives. Students are given an exam style question to prepare a presentation on - how inflation could impact the other macroeconomic objectives - balanced points are given on the following slide to compare with students’ presentations, this can also be answered for homework later. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different sizes and types of firms, we look at what factors determine the size of a business, we then go on to look at the principal-agent problem and an example of a firm that has made attempts to reduce this problem. We look at the different between public and private sector organisations and their different motives, followed by interesting videos which stimulate debate on the topic. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to demergers, we start by looking at a text to identify reasons why demerging might take place, we then go on to looking at reasons for demergers with some examples, before discussing the impact on workers, consumers and firms. Tasks for contextualisation included before finishing with a kahoot quiz. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the different objectives of businesses. We look at the four objectives and their illustrations on a diagram, we also look at real life examples/videos of businesses with different objectives for context. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of revenue in Economics. We first start by looking at the law of diminishing marginal utility to understand how curves will look. We then look at each formula, with examples of figures + an activity where students calculate the total revenue, average revenue and marginal revenue. Students are made aware that revenue will be different in perfect competition compared to imperfect competition. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lessons builds on the previous lesson on costs, with an emphasis now on economies and diseconomies of scale. We look at a range of ways economies of scale can be achieved i.e. internal and external, we also look at the minimum efficient scale point and the usefulness of operating at the MES. Videos on the supermarket industry to highlight this concept and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x PPT, 1x set of group task cards and 1x word case study, this can be delivered over two lessons. Learners are introduced to demand and the various factors influencing demand. We look at movements in the demand curve through price first before going through each factor with relevant examples such as using Messi and Ronaldo adverts to highlight the impact on demand for football boots. We also look at how this can be shown on diagramatically on demand curves. We then go on to ‘Walkthrough Westfield’ which is a group activity, students are given a set of factors which affect demand, and then through our virtual walkthrough we stop at different shops, students have the opportunity to dicuss and rank the factors for that particular shop (encouraging application and evaluation). We then look at different types of demand such as joint, derived and composite before looking at the concept of dimiinishing marginak utility. Students then read a concise case study and answer an 8 mark question, structure guidance and model answer provided for peer assessments - this question is from the business spec but relevant to this topic. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the fundamental concept of the basic economic problem, we start with an engaging group activity to highlight the problem of scarcity by distributing items between groups. This brings to light the concept of opportunity cost which we look at, students are given scenarios where they have to make choices and understand the opportunity cost involved in those choices. We then look at renewable and non renewable resources before a research task and box plenary to end with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to what factors start ups might consider when choosing a location to start up, we then look at key factors that determine the location such as proximity to customers, labour, transport and more. A 3 mark question with a model answer to peer assess. Finally an engaging group activity where a case study is given and some financial data about different locations, students then work together to calculate and discuss which location is the best to start up. Whole class discussion on the ultimate location. Students can write down their conclusions. A ranking activity where students have to consider various factors that affect location, and then for different types of businesses, state which factors are the most important when deciding to locate. Colourful, concise and engaging slides! Thank you

This bundle could be delivered over 3 lessons and introduces learners to return on capital employed and gearing, whilst consolidating ratios from theme 2 such as current ratio, acid test, gross and net profit margins. Students have a chance to consider the limitations of ratios also. We start by demonstrating simple broken down examples of roce and gearing, as well as the other ratios with a range of consolidation activities. We also have a group task where students are given accounts of a major retailer, and they have to report back on how well the company has been performing by carrying out all the ratio analysis. Two kahoot quizzes with links provided and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This free double lesson introduces learners to the operations function of business, with a particular focus on job, batch and flow production. Excellent examples such as a wedding dress for job production, videos of each included for good application skills. 3 and 6 mark questions included with model answers to self assess and various other activities to consolidate understanding. Colourful, concise and engaging slides! Thank you - Please leave a review if you are happy with the download :)

This double lesson introduces learners to the different ownership types such as sole traders, partnerships an private limited companies. We look at the pros and cons of each one. A few 3 mark questions with model answers to consolidate knowledge and exam technique. We then go on to read a case study about two brothers deciding to start up as either a sole trader and employee or as a LTD. The second lesson looks at franchises, we look at the difference between franchisors and franchisees, then go on to discuss the pros and cons of each, finally applying it to a case study on Subway - which includes a 6 mark model answer for students to use to help each other peer assess. An design an advert to recruit franchisees to finish off! Colourful, concise and engaging slides! Thank you

This lesson introduces learners to internal and external considerations to complete a SWOT analysis. We start by looking at what a SWOT analysis is and the types of questions we need to ask ourselves to find out our SWOT. We then contextualise with a few examples such as Mcdonald’s, Thornton’s and a brief sorting activity with Apples SWOT. We then go on to look at a concise case study on BHP the large mining company, students can work in pairs or a group to assess the companies position using SWOT, the outcomes of this can be used to answer a 12 mark question based on the case study. A concise model answer is included for students to peer assess and a kahoot quiz with link to finish off. Colourful, concise and engaging slides! Thank you

This free introductory lesson introduces learners to the unit. We then look at different types of customers such as internal and external customers. Discussions throughout of how this can be applied to a gym or similar facility as the assignment is based on this. We also look at influences of customer behaviour, a card sort activity and box plenary to consolidate learning.