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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)
Production possibility frontiers (AS-level Economics)
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Production possibility frontiers (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering: Production possibility frontiers showing: Choice Efficiency Opportunity cost Economic growth/contraction Full 1-hour lesson includes: PowerPoint Activities Worksheet (graph practice & questions) 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 Bundle here: https://www.tes.com/teaching-resource/resource-12528890
Demand & the demand curve (AS-level Economics)
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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
Scarcity (AS-level Economics)
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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
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
Supply & the supply curve (AS-level Economics)
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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
Government intervention (AS-level Economics)
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Government intervention (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering government intervention in markets (indirect taxes, subsidies, regulations etc), used with my Year 12 students. Includes: PowerPoint (with key words, explanations and learner activities) Practice questions (including essay question) Economics essay writing template 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
Supply of labour (A-level Economics)
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Supply of labour (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on supply of labour used with my Y13 students. Includes: PowerPoint (with learner activities) Starter (on oligopolies) Explanations of factors affecting supply of labour (net migration, government regulation, trade unions etc) Essay question / case study Essay planning template Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
R&D: new product development (A-level Business)
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R&D: new product development (A-level Business)

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A-level Business Studies lesson (Cambridge) covering R&D (research and development) and new product development used with my Year 13s. Includes: PowerPoint (with learner activities) R&D mind map Links to videos (R&D at Microsoft; TED Talk) Links to relevant news articles (on UK govt funding for R&D) Question worksheet Essay homework question (with differentiated help grid) The whole lot takes about 3 hours lesson time to complete. Previous lesson on Elasticities: https://www.tes.com/teaching-resource/resource-12605612 More Business, Economics & Politics resources here: https://www.tes.com/teaching-resources/shop/smith_michael
Market failure (AS-level Economics)
smith_michaelsmith_michael

Market failure (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering market failure, used with my Year 12 students. Includes: PowerPoint (with explanations and learner activities) 3 short past paper questions (with answers) Link to relevant video Article about moral hazard in banking 15-lesson bundle covering the first 10 chapters of Edexcel Economics 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
Monopolistic competition (A-level Economics)
smith_michaelsmith_michael

Monopolistic competition (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on monopolistic competition PowerPoint includes some MCQ practice questions (with answers) to warm up with and then explains monopolistic competition - students then have to complete graph practice. Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Allocative efficiency (A-level Economics)
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Allocative efficiency (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on efficiency (allocative efficiency; productive efficiency; dynamic efficiency; x-inefficiency) Includes: PowerPoint (with student tasks) Starter task Worksheet (with graphs to complete) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Sustainable development (externalities): IGCSE Business
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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
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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
Measures to promote growth & development: A-level Economics worksheet
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Measures to promote growth & development: A-level Economics worksheet

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Measures to promote growth and development project / worksheet for A-level Economics. Students are required to analyse methods that could help a country of their imagination grow/develop economically. Covers topics including: *types of foreign aid (tied, bilateral, multilateral); debt relief; role of the IMF; market-orientated strategies; interventionist strategies; the role of the World Bank; FDI etc. * There is also a 20-mark practice question at the end for good measure. Used as revision after covering the final chapter of Unit 4 (Edexcel Student Book 2).
Costs & diminishing returns (A-level Economics)
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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
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
Business objectives (A-level Economics)
smith_michaelsmith_michael

Business objectives (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Business objectives. Lesson covers profit maximisation, revenue maximisation, sales volume maximisation, divorce of ownership from control. PowerPoint Starter task on business size Worksheet to fill in Homework/class task (depending on length of lesson) Took my Y13s about 2 hours to complete all told. Full shop: 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
Introduction to Universal Basic Income (A-level Economics)
smith_michaelsmith_michael

Introduction to Universal Basic Income (A-level Economics)

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Quick lesson on Universal Basic Income used with my Year 13 Economics students. -Students read the BBC article on UBI -Try to fill in the table with some pros and cons (using their own knowledge) -Then I put the Financial Times video on (19 mins; free on YouTube) and asked students to update their table accordingly -Also resulted in a good discussion in my class after viewing I found this was a good way to help my students understand a real world issue that isn’t necessarily in the syllabus
Introduction to an annual wealth tax (A-level Economics)
smith_michaelsmith_michael

Introduction to an annual wealth tax (A-level Economics)

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Quick lesson on the merits of an annual wealth tax used with my Year 12 and 13 Economics students. -Students read the BBC article on a proposed wealth tax -Try to fill in the table with some pros and cons (using their own knowledge) -Then I put the Financial Times video on (20 mins; free on YouTube) and asked students to update their table accordingly -Also resulted in a good discussion in my classes after viewing I found this was a good way to help my students understand a real world issue that isn’t necessarily in the syllabus. I did something similar with Universal Basic Income here: https://www.tes.com/teaching-resource/resource-12772087