Sarah Hilton has been a business examiner for over 20 years and a business teacher for longer. She is now a teacher trainer, business teacher and qualification developer. She runs the website revisionstation which provides smashing business teaching resources at budget prices.
Sarah Hilton has been a business examiner for over 20 years and a business teacher for longer. She is now a teacher trainer, business teacher and qualification developer. She runs the website revisionstation which provides smashing business teaching resources at budget prices.
**This bundle includes the following topics: **
1.2.1
Demand
a) Factors leading to a change in demand:
o changes in the prices of substitutes and
complementary goods
o changes in consumer incomes
o fashions, tastes and preferences
o advertising and branding
o demographics
o external shocks
o seasonality
1.2.2
Supply
a) Factors leading to a change in supply:
o changes in the costs of production
o introduction of new technology
o indirect taxes
o government subsidies
o external shocks
1.2.3
Markets
a) The interaction of supply and demand
b) The drawing and interpretation of supply and demand
diagrams to show the causes and consequences of price
changes
1.2.4
Price elasticity of
demand
a) Calculation of price elasticity of demand
b) Interpretation of numerical values of price elasticity of
demand
c) The factors influencing price elasticity of demand
d) The significance of price elasticity of demand to
businesses in terms of implications for pricing
e) Calculation and interpretation of the relationship
between price elasticity of demand and total revenue
1.2.5
Income elasticity of
demand
a) Calculation of income elasticity of demand
b) Interpretation of numerical values of income elasticity of
demand
c) The factors influencing income elasticity of demand
d) The significance of income elasticity of demand to
businesses
This bundle includes Teacher PowerPoints and students worksheets for every topic. These are all written by Sarah Hilton for Revisionstation
This booklet was written in collaboration with students.
It includes 26 pages (A-Z) with 130 ideas for revision techniques and methods
Ideal for any subject, any topic
Works with Years 9-13, GCSE, A Level, BTEC Level 2 and 3, T levels
130 revision ideas:
Memory techniques
Games
Challenges
Websites
Craft ideas
Revision techniques
Time management tools
Ways to use this pack:
Revision sessions leading up to mock or live exams
As group activities, distribute around tables and ask students to move round and try the ideas (carousel)
Ask students to rank the ideas and come up with their top 5
Upload to a shared area as a resource for all classes
Hand out as homework, to create a revision resource on a specific topic or unit
Use for cover work (with some topics)
Use for 1-2-1 tutoring
Use for whole class teaching
Perfect for isolation materials
a) Creating and setting up a business
b) Running and expanding/developing a business
c) Innovation within a business (intrapreneurship)
d) Barriers to entrepreneurship
e) Anticipating risk and uncertainty in the business environment
This lesson contains a PowerPoint and a Word worksheet. This is the copyright of Sarah Hilton at Revisionstation. Please leave a review if you get time, it is helpful for others looking for this resource.
This lesson covers the following topics:
a) Characteristics and skills required
b) Reasons why people set up businesses:
financial motives:
profit maximisation
profit satisficing
non-financial motives:
ethical stance
social entrepreneurship
independence
home working
