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George's Marvellous Business Studies & Economic Resources

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(based on 73 reviews)

Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.

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Please check out my quality teaching resources that cover both Business Studies and Economics. I have been a teacher for over 10 years and always aim to produce high quality worksheets, activities and presentations. I have taught both Business Studies and Economics from GCSE to A-Level. Please come back often to see my latest and greatest resources.
Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets
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Private Limited Company (LTD) & Public Limited Company (PLC) - Limited Liability - PPT & Worksheets

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A bumper selection of resources to help teach private limited companies and public limited companies. I have included a detailed presentation on the main theory of both LTD’s and PLC’s. The lesson looks at the clear advantage of having limited liability over unlimited liability. The lesson also looks at the clear pros and cons of both types of incorporate companies. I have also included three useful worksheets that can be used straight after the PPT. The first worksheet is a multiple choice quiz covering limited companies. The second worksheet gets students to work out the main pros and cons of different companies. I have also included a bumper worksheet that asks a variety of questions of the various types of business ownership (including sole traders and partnerships). This lesson is perfect for GCSE level Business Studies and could be adapted for A-Level Business Studies.
Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet
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Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet

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This detailed lesson helps introduce economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). This will get students thinking about mass production. The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also introduces diseconomies of scale. There are a number of relevant video clips to help give some great examples. A great lesson which would be perfect for GCSE Business Studies.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. Students will learn about imports, exports and the advantages of comparative advantage. Students will also learn the more general benefits and drawback of international trade and protectionism. The lesson also includes info on the WTO. The lesson includes tasks, examples and videos.
Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks
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Industrial Sectors - Primary, Secondary & Tertiary Economic Sectors - GCSE Lesson & Tasks

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A nice lesson that covers the three industrial sectors in a lot of detail. The lesson introduces the three sectors with relevant theory and examples and reasons why each sector may be increasing or decreasing. I have included many tasks throughout the lesson. This includes a fun traffic light style quiz that looks at examples and gets students to guess which sector or sectors they belong in. The lesson concludes with a nice task where students have to write and draw a nice timeline for an industry of their choice and how it can change over the three sectors. A good lesson aimed at GCSE which could be used for Business Studies, Economics and Geography students,
Specialisation, Division of Labour & Exchange - Economics Full Lesson
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Specialisation, Division of Labour & Exchange - Economics Full Lesson

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This in-depth and engaging economic lesson covers specialisation and division of labour in lots of detail. The lesson includes key theory, pros and cons of specialisation and how division of labour impacts producers and workers. The lesson includes video clips, tasks and up to examples to help students access the key theory. Main Aim: Students will learn the difference between specialisation, division of labour and exchange. They will also learn the pros and cons of specialisation and how it impacts producers and workers differently. Students will also learn about derived demand.
The Circular Flow of Income
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The Circular Flow of Income

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Students will understand the key economic theory of the circular flow of income. The lesson reflects on value added and national income. The lesson also includes theory the difference between nominal and real data and the goods and factor markets. The lesson includes a clear run through of how the circular flow if income is connected, and the different leakages and injections into an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes a fun group task.
Index Numbers in Economics
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Index Numbers in Economics

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Students will understand the key economic theory of index numbers and how it can used in economics. Students will learn how index numbers are calculated, displayed and how the data can be analysed. The lesson includes deep theory, many tasks, examples and exam style questions. This lesson is aimed at higher level Macroeconomic teaching and includes many activities.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

(1)
A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams
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Price – The Functions of Price, Equilibrium Point & Supply & Demand Diagrams

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This detailed and engaging lesson covers the key theory behind price. This includes the functions of price, how price reflects value and how supply and demand diagrams help show price. The lesson looks at the equilibrium point and how excess demand or supply can change price. There are many examples of why the supply curve can shift. The lesson includes many tasks and activities throughout. Main Aim: Students will understand how price is determined through supply and demand and the equilibrium point. The lesson also covers the functions of price. The lesson covers the supply and demand diagrams and the theory behind excess demand and excess supply. The lesson includes many tasks and examples.
The Objectives of Firms, Business Models & The Theory of the Firm - Economics - A-Level
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The Objectives of Firms, Business Models & The Theory of the Firm - Economics - A-Level

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A detailed lesson on the objectives of firms, the different business models, a brief introduction to the theory of the firm, satisficing and profit maximization. This is a great introduction lesson to A-Level Economics and Business Studies. This 38 slide lesson includes key theory and relevant examples. The lesson looks at the main objectives of firms - including profit maximization. The lesson also looks at the pros and cons of typical business models such as sole traders, partnerships, LTD’s and PLC’s. I have also included a condensed student copy of the presentation which includes key theory and tasks. I have also included a nice gap-fill worksheet on the theory covered to help students reflect on the topics covered (answers included on separate document). This lesson is perfect for A-Level Economics / Microeconomics and can also be used for Business Studies.
Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets
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Cost-Benefit Analysis (CBA) - A-Level Economics / Business Studies - PPT, Quiz & Worksheets

(2)
This bumper lesson looks at cost-benefit analysis in a lot of detail. The lesson looks at what a CBA is and how it impacts firms and governments. I have included all the key theory on the topic plus many great examples of when cost-benefit analysis was used. Below is a break-down of the lesson objectives: ALL Students will understand the main pros and cons of carrying out a cost-benefit analysis. SOME students to understand a few economic examples of when a cost-benefit analysis should be used. I have included a student copy of the lesson to go alongside the main PPT. I have also included a market failure bingo game, a market failure quiz with answers and a CBA group task. This lesson is aimed at A-Level Economics but could also be useful for Business Studies.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
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Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

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A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

(1)
A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
The Role of Money & Evaluating the Importance of the Financial Sector
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The Role of Money & Evaluating the Importance of the Financial Sector

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Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.
The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics
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The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

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A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students. I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.
Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets
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Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets

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This detailed lesson helps students fully understand economies of scale. The lesson starts with a fun ‘How Big’ starter worksheet - this is where students have to guess the different sizes of large companies (answers included). The lesson then looks at how large companies can benefit from economies of scale. The lesson covers the economies of scale diagram and how average costs fall as production increases. The lesson also looks at the clear difference between internal and external economies of scale. I have focused many tasks throughout this lesson that helps students fully understand the concept of economies of scale. The lesson also looks at diseconomies of scale in a lot of detail. I have also provided a great task based on Mega Dairies in the UK and how they hope to benefit from economies of scale - this includes a number of great video clips and an excellent worksheet that could be used in a group activity. This lesson could easily stretch across 2-3 hours of teaching. A great lesson which would be perfect for GCSE Economics and also useful for A-Level.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of fiscal policy. Students will learn about the difference between government spending and government taxation. Students will learn about the different types of taxes and how much money they generate for the economy. The lesson also looks at why government set taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

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A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
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Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

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A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
Government Policies to Correct Externalities / Market Failure
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Government Policies to Correct Externalities / Market Failure

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Students will understand the key economic policies to help increase the consumption of positive externalities and lower the consumption of negative externalities. These include indirect taxes, subsidies, laws and regulations, government campaigns, nudges and state provision. The lesson includes tasks, examples, exam style questions and videos.