This three lesson bundle introduces learners to gross and net profit, gross and net profit margin and how they make up the income statement. All topics are broken down so that it is very easy for students to see the logic behind calculations and for the teacher to explain. An activity to draw up the income statement for Ian Beale’s fish and chip shop with answers to go through. Lots of calculation practice for all three topic areas with answers to self or peer assess. The statement of financial position is slightly detailed so this could be watered down as students just need to know the basics of the balance sheet. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to mission statements and corporate objectives, we start with reading some statements from businesses to identify their missions, we look at corporate objectives and how they come from the mission. a 2 and 12 mark question, both with model answers for students to peer assess with. Structure guidance is given to embed important exam skills right from the start of the course. The questions are based on an engaging case studio on Lego about their mission and corporate objectives. Guidance for peer assesment is straight forward for students and after a few times they will get the hang of doing this like examiners! Colourful, concise and engaging slides! Thank you

This set of resources includes 1x ppt and 4x word files which can be delivered over 2-3 lessons. We start by looking at what contribution is before understanding break even and margin of safety. Lots of calculation practice to consolidate the formula, we then look at the pros and cons of using break even analysis, this is used for the exam style question which is based on a concise case study of a cake manufacturer. Structure guidance and model answer is provided for students to peer assess and improve their own answers. Students have an opportunity to draw the BE chart with step by step instructions (not required to draw the BE chart in exam but it will help with understanding the chart). Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson is the second part of ‘The market’ and learners first consolidate knowledge from last lesson on market size and share through a group activity, students are in pairs representing a businesss within a market and must calculate their own market shares as well as the whole market. We then go on to looking at mass and niche markets, with real life examples that students are familiar with. Students have the opportunity to apply this knowledge to a case study on a high end luxury manufacturer - an 8 mark question with structure guidance and a concise model answer for students to look at before peer assessing with marking grids. We look at risk vs uncertainty before finishing with a box plenary. Colourful, concise and engaging slides! Thank you

This set of resources can be delivered over 2-3 lessons and includes 1x ppt and 5 word files. The best way to bring this topic to life is to play a hotel game where students are hotel owners and try to make the most profit by changing their prices over a period of months - students can see their live profit after each month. We start by introducing the concepts of revenue, cost and profit through step by step animated examples before playing the hotel game. A few calculation activities to consolidate the formulas learnt by students with answers provided on the board for students to peer assess with. A 4 mark exam style calculation question with answers provided, 2 student answers are also provided for students to see how marks are given in these types of questions. A group presentation task with links to two kahoots and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces to globalisation and the increasing international trade we are experiencing in the world today. Students will see how Mcdonalds have adapted their products to different countries, by better suited designs and high quality products. Exchange rates is included in the previous lesson 2.3 as I feel it’s better suited to the lesson on economy (but is under this part of the spec) Colourful, concise and engaging slides! Thank you

This double lesson introduces learners methods of expanding a business, we look at how and why businesses expand, whilst considering the impact of economies and diseconomies of scale of growth. A range of case studies such as when Irn Bru took over Funkin Cocktail, the mergers of ebay and paypal, facebook and whatsapp. A case study on Dixons and Carphone warehouse merger with exam style questions attached. In the second lesson we look at franchises as a method of growth, we look at the pros and cons and apply it to Subway, a 6 mark question with a model answer for students to aspire to and peer assess. Colourful, concise and engaging slides! - all files in the zip folder. Thank you

This double lesson introduces learners to the various stakeholders, we start by looking at the different types of stakeholders involved in a business, we then look at their key interests, a choice of tasks on how to consolidate this is offered (two worksheets - matching for lowers and non-matching for more challenge) followed by evaluating the most important interest for each stakeholders. Once students know the interests well, we can start to look at how stakeholders might conflict with each other - a few examples given here. We read a case study on Unilever, students prepare presentations on whether they should focus on shareholders or stakeholders, this is in the form of an essay question so students could answer it after the presentation, or for homework. Structure guidance and concise points that would be the main focus of the answer is provided. A box plenary to finish Colourful, concise and engaging slides! Thank you

This free lesson introduces learners to the reasons for a business to stay small, we start with a brewery discussion that provides a personal service. We then look at the reasons for staying small, a short pair task followed by a concise case study on Vision Spring - this includes a 4 mark question with a model answer to peer assess against the criteria. We then go on to look at a case study of a small firm that provides clothes to men that live a fast paced lifestyle, a group presentation task can be used to answer this and then from the feedback, students can answer it as a exam style question, a concise model answer is included to compare and improve. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to aggregate supply, we start by looking at what AS is and why the curve slopes upwards (so students understand the difference between micro and macro supply curve), we go through each factor that can affect the the short run aggregate supply curve before students attempt a consolidation task of drawing shifts in SRAS. We then join AD with AS to illustrate the macroeconomic equilibrium. A set of questions which can affect either AD or SRAS with answers and step by step animated diagrams included. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different ways businesses grow, we look at a variety of examples of growth such as organic, inorganic (forward, backward, horizontal and conglomerate), we look at the pros and cons of these types of growth. A range of videos and articles to contextualise the different types of growth and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on learners understanding of macroeconomic equilibrium, we look at the word means and how it looks like on a diagram (with both LRAS types). We look at two scenarios, one of England hosting the world cup in 2020 and the other being the latest budget announced by Rishi Sunak in 2021 - students discuss the effects of this on the macroeconomy. A research task and we end with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson builds students understanding of the elements of the trade cycle, we start with a recap on output gaps before looking at the trade cycle, a basic example going onto a real GDP growth graph. We identify the differences between the four stages before watching a video on the impact of the recession created by COVID-19. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on students’understanding of the impact of economic growth. We look at each economic agent and talk through the advantages and disadvantages of growth to them. Once the knowledge is there we look at an 8 mark question to develop exam technique - a model answer is provided for students to look at. We finish with a box plenary and some quiz questions on theme 2. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to perfect competition, we start by looking at the characteristics of perfect competition, ensuring students understand that this is not a realistic structure but a foundation to understand market structures. We then look at illustrating perfect competition in the short-run (with supernormal profits) and in the long-run (normal profits). Pros and cons are discussed and we finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to monopsonies, we start with a recap on monopoly before looking at features of monopsonies. We look at some real life examples and discuss the pros and cons of monopsonies. Video case studies included which can stimulate discussion on the pros and cons of monopsonies.A research task, a link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the determination of prices. The starter introduces learners to the equilibrium point through a plotted graph which they draw, from this we introduce the concepts of excess demand and excess supply, with step by step animated examples for students to easily understand the concept. Some consolidation activities before we look at the price mechanism and the invisible hand and the three functions. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces leaners to indirect taxes and subsidies. We look at different types of indirect tax such as specific unit tax and ad valorem before looking at real life examples of these taxes so students can paint a picture of how it works in the UK. Animated step-by-step diagrams to help students with drawing the diagrams in their answers. We look at the sugar tax and students debate for and against the tax before going on to subsidies. For subsidies, we look at examples and diagrams as well before finishing off with a kahoot quiz and box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different views of how and why consumers behave the way they do, we are not 100% rational as humans and we look at some engaging examples of why. Some consolidation activities followed by an exam style question on the Help to Buy scheme in property & rental market (where alternative views might be considered). A model answer is provided and marking grid for students to peer assess and make improvements to WWW and EBI. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to public goods, what they are with examples of them, we then consider the free rider problem and why the private sector doesn’t offer public goods. We then look at information gaps and examples of how this could lead to market failure through witholding information and moral hazard. Colourful, concise and engaging slides! Thank you