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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)
IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 1)
smith_michaelsmith_michael

IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 1)

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For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403 For standard level resource see: https://www.tes.com/teaching-resource/-12684013 Everything that you need to teach Real-world issue 1 of Unit 2: Microeconomics of IB DP Economics (Higher Level). Includes: 130 slide PowerPoint (broken down into individual lessons covering everything in the syllabus for teaching Real-world issue 1 - Higher Level) Student activities and challenges throughout the presentations Worksheets Practice questions Graph practice Links to relevant videos and other external resources Links to bespoke quizzes Topics covered include: Demand The demand curve (movements & shifts) Supply The supply curve (movements & shifts) Market equilibrium Functions of the price mechanism Consumers, producer & community surplus Allocative efficiency Price elasticity of demand Behavioural economics Business objectives
IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 2)
smith_michaelsmith_michael

IB Economics (HL) - Microeconomics - Unit 2 (Real-world issue 2)

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For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403 For Unit 2 (Real-world issue 1): https://www.tes.com/teaching-resource/resource-12793808 Everything that you need to teach Real-world issue 2 of Unit 2: Microeconomics of IB DP Economics (Higher Level). Includes: 240 slide PowerPoint (broken down into individual lessons covering everything in the syllabus) Student activities and challenges throughout the presentations Worksheets Practice questions Graph practice Links to relevant videos and articles Links to online quizzes Topics covered include: Perfect competition Oligopoly & monopoly Government intervention Max and min prices Taxes and subsidies Externalities Public goods Also includes: Economics reading diary (and recommended reading list) Graph practice (for units 1 and 2)
AS-level Microeconomics bundle: Introductory concepts (8 lessons + worksheets)
smith_michaelsmith_michael

AS-level Microeconomics bundle: Introductory concepts (8 lessons + worksheets)

9 Resources
Bundle of 8 lessons covering the first 5 chapters (Introductory Concepts) of Edexcel AS-level Economics (Student Book 1). Each lesson includes a PowerPoint (plus worksheets/activities): Lesson 1: Introduction to Microeconomics Lesson 2: Scarcity Lesson 3: Opportunity cost Lesson 4: Factors of production Lesson 5: Production possibility frontiers Lesson 6: Specialisation & Division of labour Lesson 7: Functions of money Lesson 8: Types of economy Also includes Economics reading diary (discussed in lesson 1) Further 7-lesson bundle covering following chapters on consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
AS-level Microeconomics bundle: Unit 1 (Edexcel) - chapters 11-20 (8 lessons + worksheets)
smith_michaelsmith_michael

AS-level Microeconomics bundle: Unit 1 (Edexcel) - chapters 11-20 (8 lessons + worksheets)

14 Resources
Bundle of eight lessons covering chapters 11-20 of Edexcel AS-level Economics (Student book 1). Each lesson includes a PowerPoint (plus worksheets/activities). Lesson 1: Market equilibrium Lesson 2: Functions of the price mechanism Lesson 3: Law of diminishing marginal utility Lesson 4: Indirect taxes and subsidies Lesson 5: Market failure (moral hazard; information gaps; under-provision of public goods etc.) Lesson 6: Externalities Lesson 7: Government intervention Lesson 8: Government failure Also includes: Diagram practice (max & min prices and more) Links to whole class quizzes Selection of multiple choice questions from recent past papers Mind maps for planning 20-mark essay questions Essay planning template Economics reading diary
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
IB Economics (SL) - Microeconomics - Unit 2 (Real-world issue 1)
smith_michaelsmith_michael

IB Economics (SL) - Microeconomics - Unit 2 (Real-world issue 1)

(0)
For Unit 1: Introduction to Economics see: https://www.tes.com/teaching-resource/resource-12681403 For Unit 2 (Real-World issue 2) see: https://www.tes.com/teaching-resource/resource-12826944 Everything that you need to teach Real-world issue 1 of Unit 2: Microeconomics of IB DP Economics (Standard Level). Includes: 97 slide PowerPoint (broken down into individual lessons covering everything in the syllabus for teaching Real-world issue 1 - Standard Level) Student activities and challenges throughout the presentations Worksheets for every lesson Practice questions Graph practice Links to relevant videos and other external resources Links to online quizzes Topics covered include: Demand The demand curve (movements & shifts) Supply The supply curve (movements & shifts) Market equilibrium Functions of the price mechanism Consumers, producer & community surplus Allocative efficiency Price elasticity of demand Income elasticity of demand Price elasticity of supply
AS-level Microeconomics bundle: Unit 1 (Edexcel) - chapters 1-10 (15 lessons + worksheets)
smith_michaelsmith_michael

AS-level Microeconomics bundle: Unit 1 (Edexcel) - chapters 1-10 (15 lessons + worksheets)

20 Resources
Bundle of 15 lessons covering the first 10 chapters of Edexcel AS-level Economics (Student book 1). Each lesson includes a PowerPoint (plus worksheets/activities). Lesson 1: Introduction to Microeconomics Lesson 2: Scarcity Lesson 3: Opportunity cost Lesson 4: Factors of production Lesson 5: Production possibility frontiers Lesson 6: Specialisation & Division of labour Lesson 7: Functions of money Lesson 8: Types of economy Lesson 9: Rational decision making Lesson 10: Demand Lesson 11: Price elasticity of demand (PED) Lesson 12: Income elasticity of demand (YED) Lesson 13: Cross elasticity of demand (XED) Lesson 14: Supply & the supply curve Lesson 15: Price elasticity of supply (PES) Also includes: 1-hour assessment (with mark scheme) Student reading diary Graph practice worksheet Essay planner template Selection of multiple choice questions from recent past papers
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
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
Elasticities (A-level Business)
smith_michaelsmith_michael

Elasticities (A-level Business)

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A-level Business Studies lesson on Elasticities (Income Elasticity of Demand; Advertising/promotional elasticity of Demand; Cross Elasticity of Demand) used with my Year 13 students. Includes PowerPoint (with learner activities) and practice question worksheet (with answers).
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)
smith_michaelsmith_michael

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
Specialisation & Division of labour (AS-level Economics)
smith_michaelsmith_michael

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
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
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
Maximum & minimum prices (plus AS-level Microeconomics diagram revision)
smith_michaelsmith_michael

Maximum & minimum prices (plus AS-level Microeconomics diagram revision)

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AS Microeconomics graph practice / revision - show students the various news article headlines and then challenge them to draw the corresponding diagram. Students need previous knowledge of all microeconomic diagrams (except maximum and minimum prices - which are covered in the final slides). 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
Government failure (AS-level Economics)
smith_michaelsmith_michael

Government failure (AS-level Economics)

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AS-level Microeconomics lesson (Edexcel) on government failure used with my Y12 students. Includes: PowerPoint (with learner activities) Recap of market failure and government intervention Video about consequences of government failure (landfill tax) Case study (with annotated help) 20-mark question with essay planner Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Economics revision tips
smith_michaelsmith_michael

Economics revision tips

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A list of 35 things students can do to improve their A-level Economics grade (links to reading lists, podcasts, revision sites etc). Please feel free to report any broken links or make suggestions for me to add to the list (I will gladly include them).