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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)
Determination of wage rates (A-level Economics)
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Determination of wage rates (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on determination of wage rates used with my Y13 students. Includes: PowerPoint (with learner activities) Starter (quick refresh on some previous Y13 content) Explanations of perfectly competitive labour markets and non-competitive labour markets Practice questions Diagram explanations & practice Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
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
Market failure (AS-level Economics)
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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
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).
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
Monopoly & price discrimination (A-level Economics)
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Monopoly & price discrimination (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on monopolies and price discrimination. Includes: PowerPoint (covering pure monopolies, near-pure monopolies, natural monopolies, price discrimination and monopsony) Starter task (on market structures) Practice questions and activities for students Practice 30-mark mini assessment (on everything covered in the PowerPoint) Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Externalities (AS-level Economics)
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Externalities (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering externalities, used with my Year 12 students. Includes: PowerPoint (with explanations and learner activities) Starter (Microeconomic definitions) Welfare loss graph practice worksheet Practice essay question (with mark scheme) Essay planning template Link to related FT article and documentary (YouTube) with task for students to apply their knowledge 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 2)
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IB Economics (SL) - 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-12684013 Everything that you need to teach Real-world issue 2 of Unit 2: Microeconomics of IB DP Economics (Standard Level). Includes: 86 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: 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)
Contestability (A-level Economics)
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Contestability (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on contestability. Includes: PowerPoint (with learner activities) Starter task (on sunk costs) Lots of examples of contestable markets and what makes them contestable Practice questions Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Size of Business (A-level Economics)
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Size of Business (A-level Economics)

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A-level Microeconomics lesson (Edexcel) covering Size of Business. Lesson covers backward vertical integration, horizontal integration, mergers/takeovers etc. and includes: Starter task PowerPoint Group work Relevant graph (economies and diseconomies of scale) Individual worksheet Related past paper question / exam practice Essay planner sheet Took my Y13s about 2 hours to complete. Previous lesson on types of business can be found here: https://www.tes.com/teaching-resource/resource-12578132 Full shop: https://www.tes.com/teaching-resources/shop/smith_michael
Perfect competition (A-level Economics)
smith_michaelsmith_michael

Perfect competition (A-level Economics)

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A-level Microeconomics lesson (Edexcel) on perfect competition PowerPoint includes questions (with answers) for students to complete. Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
AS-level Microeconomics: 1-hour assessment (introductory concepts)
smith_michaelsmith_michael

AS-level Microeconomics: 1-hour assessment (introductory concepts)

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AS Microeconomics 1-hour assessment (with mark scheme) given to my students after covering the first nine chapters of Unit 1: Markets in Action (Edexcel). Areas assessed: The economic problem Positive & normative statements Production possibility frontiers Specialisation & division of labour Rational decision making Demand & the demand curve Price elasticity of demand (PED) Income elasticity of demand (YED) 8-lesson bundle for first 5 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 7-lesson bundle for teaching consumer behaviour, demand, and supply can be found here: https://www.tes.com/teaching-resource/resource-12535155
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