Students will understand the key economic theory of monetary policy and how this links into central banks. The lesson covers what monetary policy is and the different policies available, including changing interest rates and quantitative easing. The lesson covers the Monetary Policy Committee. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.

Students will be introduced to what economics is all about. Students will learn some of the key theories of economics and learn about the clear differences between micro and macroeconomics. Concepts introduced include needs and wants, goods and services, the factors of production, market failure, production and economic welfare. Lots of videos, tasks, questions and revision sheet included.

Students will learn about the key concepts and theory behind loss aversion and anchoring and how this relates to behavioural economics. Students will learn key economic examples of each and how it impacts the choices of consumers, firms and governments. Videos, tasks and exam style questions included.