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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)
Circular flow of income (AS-level Economics)
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Circular flow of income (AS-level Economics)

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AS-level Macroeconomics lesson on circular flow of income (suitable for AS-level and IB Economics). Includes: PowerPoint (with learner activities) Step-by-step student help for drawing the circular flow of income diagram Recap of Production Possibilities Curves Explanation of leakages and injections Critical thinking student activities on how circular flow might change Link to Keynes documentary and accompanying worksheet Full shop for more Economics, Business & Politics resources: https://www.tes.com/teaching-resources/shop/smith_michael
Direct & Indirect tax: A-level Economics worksheet
smith_michaelsmith_michael

Direct & Indirect tax: A-level Economics worksheet

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Direct and indirect tax worksheet for Y13 Macroeconomics - used to see how well students had understood the topics of tax and public spending (Chapters 34 & 35 in Edexcel Economics Student Book 2). Students are required to: Define direct & indirect taxes Graphically illustrate the effect of progressive & regressive taxes Discuss implications of cutting public spending during challenging economic times Select - and justify - a set of tax rises that the Chancellor of the Exchequer Rishi Sunak could make to pay for the COVID-19 pandemic
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
20-mark essay mind maps (AS-level Economics)
smith_michaelsmith_michael

20-mark essay mind maps (AS-level Economics)

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Used this at the end of the Microeconomics course to help Year 12s plan their exam essays (Edexcel). Challenges students to make mind maps for a variety of past paper 20 mark essay questions (Unit 1, Edexcel). Eight past paper questions to do overall.
20-mark essay mind maps (A-level Economics)
smith_michaelsmith_michael

20-mark essay mind maps (A-level Economics)

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Used this at the end of the Microeconomics course to help Year 13s plan their exam essays (Edexcel). Challenges students to make mind maps for a variety of past paper 20 mark essay questions (Unit 3, Edexcel). 10 past paper questions to do overall.
Microeconomics quizzes (Quizizz)
smith_michaelsmith_michael

Microeconomics quizzes (Quizizz)

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Links to the microeconomics quizzes that I make on Quizizz. Students play on their own laptops and compete against one another. This is a live document: every time I create a new quiz, I will add it to the list.
YED, PED, XED: A-level Economics worksheet
smith_michaelsmith_michael

YED, PED, XED: A-level Economics worksheet

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A-level YED, PED, XED Microeconomics worksheet (with answers) Used with Year 12 for revision of Income Elasticity of Demand, Price Elasticity of Demand and Cross Elasticity of Demand. Took my students a full hour to complete
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).
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
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).
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
XED: Cross elasticity of demand (AS-level Economics)
smith_michaelsmith_michael

XED: Cross elasticity of demand (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering cross elasticity of demand (XED). Full 1-hour lesson includes: PowerPoint Activities Previous exam practice questions Worksheet (PED; YED; XED questions with answer sheet) 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
YED: Income elasticity of demand (AS-level Economics)
smith_michaelsmith_michael

YED: Income elasticity of demand (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering income elasticity of demand (YED). Full 1-hour lesson includes: Starter worksheet PowerPoint Activities Previous exam practice questions Worksheet Graph practice homework sheet 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
Functions of money (AS-level Economics)
smith_michaelsmith_michael

Functions of money (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering the functions of money and role of financial markets. Full 1-hour lesson includes: PowerPoint Quick quiz on key concepts so far Worksheet (challenging students to research whether Bitcoin satisifies the functions of money) Role of financial markets (video and mind map) Practice 4-mark question (with mark scheme) 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 Bundle here: https://www.tes.com/teaching-resource/resource-12528890 P.S. I adapted the worksheet from a site called econedlink. The original can be found here: https://econedlink.org/wp-content/uploads/2019/04/Money-Checklist.pdf
PED: Price elasticity of demand (AS-level Economics)
smith_michaelsmith_michael

PED: Price elasticity of demand (AS-level Economics)

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AS Microeconomics lesson (Edexcel) covering price elasticity of demand (PED). Full 1-hour lesson includes: PowerPoint Activities Previous exam practice questions 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) is here: https://www.tes.com/teaching-resource/resource-12528890