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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)

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Former teacher of Economics, Politics & Business Studies in Madrid, Spain (journalist at The Times, Sunday Times & MoneySavingExpert.com in a previous life)
Specialisation & Division of labour (AS-level Economics)
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Specialisation & Division of labour (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering specialisation & division of labour Full 1-hour lesson includes: PowerPoint Activities Worksheet / group activity Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12528586 Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12528605 Lesson 5 can be found here: https://www.tes.com/teaching-resource/resource-12528624 Bundle here: https://www.tes.com/teaching-resource/resource-12528890 P.S. I used dcp20’s excellent Economic Indicators Top Trumps as a template for the specialisation sheet. It can be found here: https://www.tes.com/teaching-resource/economic-indicators-top-trumps-6146807
Revenue curves (A-level Economics)
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Revenue curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on Revenue & revenue curves. Lesson covers total revenue, average revenue, marginal revenue, revenue curves and relationship between revenue and price elasticity. PowerPoint Starter task Worksheet to fill in Homework/class task (depending on length of lesson) Took my Y13s about 1.5 hours to complete - but could be done in an hour (or stretched to 2) Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Demand & the demand curve (AS-level Economics)
smith_michaelsmith_michael

Demand & the demand curve (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering demand & the demand curve. Full 1-hour lesson includes: PowerPoint Activities Worksheet 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Factors of production (AS-level Economics)
smith_michaelsmith_michael

Factors of production (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering: Factors of production (land, labour, capital, enterprise) Renewable & non-renewable resources Full 1-hour lesson includes: PowerPoint Worksheet Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12528586 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Scarcity (AS-level Economics)
smith_michaelsmith_michael

Scarcity (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering concepts of: Ceteris paribus Scarcity The economic problem Positive & normative statements Full 1-hour lesson includes: PowerPoint Activities Worksheet Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Supply & the supply curve (AS-level Economics)
smith_michaelsmith_michael

Supply & the supply curve (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering supply and the supply curve. Full 1-hour lesson includes: Starter worksheet PowerPoint Graph practice worksheet 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Sustainable development (externalities): IGCSE Business
smith_michaelsmith_michael

Sustainable development (externalities): IGCSE Business

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Lesson 4 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - environmental and ethical issues. PowerPoint recaps government monetary policy and then discusses externalities caused by people and businesses. Also attached is a worksheet with key terms table to fill in and questions to answer. Easily filled a 1-hour class. 8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Exchange rates: IGCSE Business
smith_michaelsmith_michael

Exchange rates: IGCSE Business

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Lesson 8 covering Cambridge IGCSE Business Studies (Section 6): External influences on business activity - Exchange rates. PowerPoint introduces exchange rates and explains how changing money from one currency to another works (using holidays abroad as an example). Students are then shown how appreciating or depreciating exchange rates affect the cost of raw materials for businesses. Also attached is a worksheet - in which students must fill in the key terms, research exchange rates (explaining why they are important for a business), and then say why other factors (other than exchange rates) might be more important for business success. 8-lesson bundle (£4) here : https://www.tes.com/teaching-resource/resource-12528395
Costs & diminishing returns (A-level Economics)
smith_michaelsmith_michael

Costs & diminishing returns (A-level Economics)

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2-hour A-level Microeconomics lesson (Edexcel) on Costs Lesson covers: the short run; the long run; law of diminishing returns; total, average & marginal product; returns to scale PowerPoint (with student tasks throughout) Starter task 5-page worksheet Previous lesson on revenue & revenue curves here: https://www.tes.com/teaching-resource/resource-12580294 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Law of diminishing marginal utility (AS-level Economics)
smith_michaelsmith_michael

Law of diminishing marginal utility (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering the law of diminishing marginal utility used with my Year 12 students. Includes: PowerPoint Past paper practice question (with mark scheme) 7-lesson bundle covering chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Short-run cost curves (A-level Economics)
smith_michaelsmith_michael

Short-run cost curves (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on short-run cost curves Lesson covers: short-run cost schedules and teaches students to graph average cost, average variable cost and marginal cost curves. PowerPoint (with student tasks throughout) Starter task Worksheet (with questions and tables to fill in) Homework questions Previous lesson on costs and imputed costs is here: https://www.tes.com/teaching-resource/resource-12587040 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Opportunity cost (AS-level Economics)
smith_michaelsmith_michael

Opportunity cost (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering: Choice Opportunity cost Economic & free goods Full 1-hour lesson includes: PowerPoint Activities Worksheet Homework task Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Functions of the price mechanism (AS-level Economics)
smith_michaelsmith_michael

Functions of the price mechanism (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering functions of the price mechanism, consumer surplus & producer surplus, used with my Year 12 students. Includes: PowerPoint (with learner activities) Question sheet Past paper practice question (with mark scheme) 7-lesson bundle covering chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Market equilibrium (AS-level Economics)
smith_michaelsmith_michael

Market equilibrium (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering market equlibrium, used with my Year 12 students. Includes: PowerPoint (with learner activities) Question sheet Past paper practice questions (with mark scheme) 7-lesson bundle covering chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) is here: https://www.tes.com/teaching-resource/resource-12528890
Types of economy (AS-level Economics)
smith_michaelsmith_michael

Types of economy (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering types of economy (command, free market, mixed) Full 1-hour lesson includes: PowerPoint Worksheet (challenging students to write a letter to the North Korean leader explaining why he should move away from a command economy) Homework Part of a series of lessons. Lesson 1 can be found here: https://www.tes.com/teaching-resource/resource-12528554 Lesson 2 can be found here: https://www.tes.com/teaching-resource/resource-12528577 Lesson 3 can be found here: https://www.tes.com/teaching-resource/resource-12528586 Lesson 4 can be found here: https://www.tes.com/teaching-resource/resource-12528605 Lesson 5 can be found here: https://www.tes.com/teaching-resource/resource-12528624 Lesson 6 can be found here: https://www.tes.com/teaching-resource/resource-12528791 Lesson 7 can be found here: https://www.tes.com/teaching-resource/resource-12528794 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Types of Business (A-level Economics)
smith_michaelsmith_michael

Types of Business (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Types of Business. Lesson covers sole traders, partnerships, joint ventures, state-owned enterprises and includes: Starter worksheet PowerPoint Worksheet Homework task Took my Y13s about 2 hours to complete. Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Indirect tax & subsidies (AS-level Economics)
smith_michaelsmith_michael

Indirect tax & subsidies (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering indirect taxes & subsidies, used with my Year 12 students. Includes: PowerPoint (with explanations and learner activities) Starter Graph practice Practice questions (with answers) Enough for a double lesson (1h 50m). 15-lesson bundle covering the first 10 chapters of Edexcel Student Book 1 (introductory concepts, consumer behaviour and demand and supply) can be found here: https://www.tes.com/teaching-resource/as-level-microeconomics-bundle-edexcel-chapters-1-10-15-lessons-worksheets-12602164
Rational decision making (AS-level Economics)
smith_michaelsmith_michael

Rational decision making (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering rational decision making (inertia; habitual behaviour; consumer computation etc.) Full 1-hour lesson includes: PowerPoint Activities Worksheet Homework 7-lesson bundle covering all chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155 8-lesson bundle for previous chapters (the economic problem; factors of production; functions of money; specialisation/division of labour; production possibility frontiers etc) here: https://www.tes.com/teaching-resource/resource-12528890
External economies & diseconomies of scale (A-level Economics)
smith_michaelsmith_michael

External economies & diseconomies of scale (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on external economies & diseconomies of scale Lesson covers: external sources of economies & diseconomies of scale, drawing SRAC and LRAC costs curves and the LRAC envelope. Includes: PowerPoint (with student tasks) Starter task Worksheet (with questions and graphs to complete) Part 1 on internal economies & diseconomies of scale is here: https://www.tes.com/teaching-resource/resource-12588440 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Internal economies & diseconomies of scale (A-level Economics)
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Internal economies & diseconomies of scale (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on internal economies & diseconomies of scale Lesson covers: internal sources of economies & diseconomies of scale (marketing; purchasing; financial; managerial; technical), drawing the LRAC curve and minimum efficient scale. Includes: PowerPoint (with student tasks throughout) Starter task (short-run cost curves) Worksheet (with questions, case studies and graphs to complete) Homework question (with planning sheet) Previous lesson on short-run cost curves is here: https://www.tes.com/teaching-resource/resource-12587168 Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael