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George's Marvellous Business Studies & Economic 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.

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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.
Economic Systems - Planned, Mixed & Free Marked Economies - PPT, Group Task & Worksheet - GCSE & AS
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Economic Systems - Planned, Mixed & Free Marked Economies - PPT, Group Task & Worksheet - GCSE & AS

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A detailed lesson on the three economic systems. The PowerPoint looks at the key theory for the main types of economic systems; planned (controlled), mixed and free market economies. The lesson looks at the main pros and cons for each and provides relevant examples. I have also included great video links to life in both Cuba and North Korea that will help students fully understand life in a planned economy. I have also included a detailed worksheet on the three economic systems. There is also a good group work task, where students need to argue which economy is the best or worse. A great selection of resources that is aimed at GCSE Economic / Business Studies students, but could easily be adapted for A-Level students.
Stakeholders & Business Objectives - Business Studies - GCSE - Worksheet, PPT & Quiz
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Stakeholders & Business Objectives - Business Studies - GCSE - Worksheet, PPT & Quiz

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A bumper lesson on a typical businesses stakeholders. The presentation looks at the main stakeholders for different businesses and their differing objectives. Stakeholders I have focused on include workers, customers, managers, suppliers, government and the local community. The lesson includes numerous real life business examples with an emphasis on McDonalds. There are also a number of tasks throughout the lesson to help keep students engaged. I have also included a nice worksheet on stakeholders to be used at the end of the PPT. I have also included a nice 10 question multiple choice quiz on stakeholders and other topics as a perfect starter for the lesson. Perfect for GCSE 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.
The Labour Market - The Marginal Revenue Product & Marginal Physical Product of Labour - 3 of 6
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The Labour Market - The Marginal Revenue Product & Marginal Physical Product of Labour - 3 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at how to calculate and show both the marginal revenue product (MRP) and marginal physical product (MPP) of labour on a curve. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun revision game called Keyword Championships - a great way to learn and re-cap on all the keywords for A-Level Economics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 3 of 6 of the labour market.
The Labour Market - The National Minimum Wage & Wage Differentials - A-Level Economics - 5 of 6
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The Labour Market - The National Minimum Wage & Wage Differentials - A-Level Economics - 5 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at The National Minimum Wage and various wage differentials. The lesson looks at the main pros and cons of the minimum wage and the key wage reasons why people earn different wages. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 5 of 6 of the labour market.
Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS
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Supply - Determinants of Suppy & Supply Curves - Microeconomics - PPT, Worksheet & Task - GCSE & AS

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A bumper set of resources to help teach supply. This lesson moves on perfectly from teaching demand. The lesson covers all the main theory of supply curves and the main determinants of supply. There are numerous tasks throughout the lesson with relevant examples. I have also included a nice supply and demand worksheet based on past exam questions. There is also a great demand and supply scenario task, where students need to shift either the supply or demand curve after reading each scenario. A perfect lesson to help teach supply to economic students. Perfect for GCSE Economics and could be used for AS Economics.
The Labour Market - Monopsony / Monopsonies Key Theory - A-Level Economics - Lesson 4 of 6
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The Labour Market - Monopsony / Monopsonies Key Theory - A-Level Economics - Lesson 4 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson cover the key theory behind monopsonies and how they impact the labour market. The lesson includes all the key theory, diagrams and questions. I have also included a student copy of the lesson. I have also included a fun economics pictionary game that helps re-cap on key theory based on A-Level Microeconomics. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 4 of 6 of the labour market.
Market Failure - Introduction & The Main Causes of Market Failure - A-Level Economics
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Market Failure - Introduction & The Main Causes of Market Failure - A-Level Economics

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This lesson is a perfect introduction to market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson starts with a look at productive and allocative efficiency. The lesson then explains what market failure is and why it is a big problem. The lesson then looks briefly a the following types of market failure: * Externalities * Merit and Demerit Goods * Public goods Main lesson aim: Students will understand what market failure is and the main causes of market failure. I have made a nice task where students need to tick whether a product is a public, merit or demerit good and explain their answer. I have also included a nice worksheet on the topics covered. I have also included a student copy of the PPT. This lesson is perfect to GCSE or A-Level Economics.
Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz
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Economic Growth - How it is Measured - GDP & GDP Per Capita - GCSE Economics - PPT & Quiz

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This lesson will help students understand what economic growth means, the main benefits and drawbacks of economic growth, how economic growth can be measured and how it can effect an economy. This lesson includes numerous tasks and key theory. Below is a breakdown of the lessons objectives: All: Students will know what economic growth is. Most: Students will know the difference between GDP and GDP per capita. Some: Students will know which countries have the highest and lowest GDP and GDP per capita around the world. The lesson looks at the following concepts in a lot of detail and includes various tasks, key terms and examples: Economic Growth Benefits and Drawbacks of Economic Growth Gross Domestic Product (GDP) GDP Per Capita Standard of Living The lesson includes many fun activities and interactive tasks and concludes with various written questions, I have also included a useful mini test that could be used in a separate lesson. I have also included a fun multiple choice quiz to help students re-cap on the lesson. This lesson is perfect for GCSE Economics but could easily be used for AS level Economics. This lesson could also be used for Geography.
The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour - A-Level Economics 2 of 6
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The Labour Market - The Backward-Bending & Upward Sloping Curve of Labour - A-Level Economics 2 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at both the upward sloping curve of labour and the backward-bending curve of labour. This lesson also looks at the monetary and non-monetary factors that impact the supply of labour. The lesson includes numerous questions, diagrams and detailed theory. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Lesson 2 of 6.
The Labour Market - Trade Unions - A-Level Economics / Microeconomics - Lesson 6 of 6
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The Labour Market - Trade Unions - A-Level Economics / Microeconomics - Lesson 6 of 6

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This detailed lesson carries on with the key theory behind the labour market. This lesson looks at the key theory behind trade unions and how they impact the labour market. The lesson includes all the key theory, diagrams, video clips and questions. I have also included a student copy of the lesson. This is a perfect lesson for A-Level Economics and helps cover a tough topic. Lesson 6 of 6 of the labour market.
Globalisation - How Globalisation Impacts the UK & the World - GCSE Economics / Geography
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Globalisation - How Globalisation Impacts the UK & the World - GCSE Economics / Geography

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A whole lesson looking at the key theory behind globalisation and how it has impacted the UK and its competitiveness. The lesson looks at the pros and cons of globalisation and includes numerous examples to help teach the key theory. The lesson also includes a nice worksheet where students need to anlayse who has ‘won’ from each globlisation scenario. A great lesson for Economics and even Geography. Perfect for GCSE.
Unemployment - Different Types of Unemployment & How it is Measured - GCSE Economics - PPT & Quiz
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Unemployment - Different Types of Unemployment & How it is Measured - GCSE Economics - PPT & Quiz

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This lesson will help students understand what unemployment is, the different types and how it is measured in the UK. The lesson includes key theory, examples and video clips to promote a healthy class discussion on the topic. Below is a breakdown of the lessons objectives: All Students will know how unemployment levels are measured in the UK. Most Students will know the different types of unemployment. Some Students will know how interpret key unemployment data and show analytical skills. The lesson aims to explain the following key theory (including the different types of unemployment): ILO Survey Structural unemployment Seasonal unemployment Cyclical unemployment Frictional unemployment Classical unemployment Each type of unemployment includes examples and key definitions. The lesson concludes with written questions based on the theory covered. I have also included a multiple choice quiz for the topic. This lesson is perfect for GCSE Economics and could also be used for A-Level.
Inflation - Cost Push & Demand Pull Inflation & Problems of Inflation - Housing Market - Economics
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Inflation - Cost Push & Demand Pull Inflation & Problems of Inflation - Housing Market - Economics

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This lesson on inflation helps students fully understand what inflation is and how it can effect the economy. I have included enough theory that this attached lesson could easily stretch across 2-3 lessons. The lesson looks at what inflation is, how it is measured, a brief history of UK inflation, the problems of inflation and the causes of inflation. The lesson sets out to answer the following learning objectives: All Students will know how inflation levels are measured Most Students will know the different problems caused by inflation Some Students will know the difference between cost push and demand pull inflation The lesson helps students fully understand the key concepts of inflation and covers the following topics in good detail: Inflation Retail Price Index (RPI) Cost push inflation Demand pull inflation Price stability The 2nd lesson then goes on to link key theory to the housing market (a typical exam topic) and how inflation can impact that industry. The lesson looks to cover the following learning objectives: All Students will know what deflation is Most Students will know the different ways of solving inflation Some Students will know how inflation can effect the UK housing market The lesson concludes with various questions based on the theory covered. This lesson is perfect for GCSE Economics and could be sued for A-Level Economics.
Public & Private Goods - Market Failure - Exam Practice & Key Theory - A-Level Economics
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Public & Private Goods - Market Failure - Exam Practice & Key Theory - A-Level Economics

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This lesson looks at public and private goods and how they link to market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson covers the following key theory: * Public goods * Quasi public goods * Non-rivalry * Non-excludable Main lesson aim: Students will understand what public goods are and how they can lead to market failure if they are not properly provided. * All Students will understand what public goods are and know a number of relevant examples. * Most Students will understand the difference between pure public goods and quasi-public goods with relevant examples. * Some students will know how to answer 25 mark exam questions on public goods. The lesson starts with a fun quiz on the lesson topic. I have included a great 'Public & Private Goods in the Economy' task. The lesson then looks at a high mark exam question which includes a useful template. The lesson concludes with a nice 'You Say We Pay' game to help cover the key theory. I have also included a student copy of the PPT. This lesson is perfect for A-Level Economics. I have included 2 separate PPT's that could help stretch this topic over two full lessons.
Economies & Diseconomies of Scale - A-Level Economics - Microecnomics - Whole Lesson
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Economies & Diseconomies of Scale - A-Level Economics - Microecnomics - Whole Lesson

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This bumper 50 slide PPT covers economies of scale in a lot of detail. The lesson covers all the key theory for this vital topic including internal and external economies of scale, diseconomies of scale, Long-run cost curves and minimum efficient scale. The lesson has great notes on the key theory and diagrams. The lesson includes numerous tasks including calculation, graph and written activities. A really good and detailed resource on a great economic topic. Perfect for A-Level economics.
Contestable Markets & Market Concentration - A-Level Economics / Microeconomics - PPT & Tasks
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Contestable Markets & Market Concentration - A-Level Economics / Microeconomics - PPT & Tasks

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A lesson that covers contestable markets and market concentration. This lesson is aimed at A-Level Economic. Below is a breakdown of the lesson objectives: All Students will understand that a how contestable markets impact firms. Most Students will understand what market concentration is. Some students will understand how to apply this knowledge to a past exam question. The lesson includes key theory, gap fill tasks and multiple choice questions. The lesson concludes with a 25 mark exam style question. I have also included a student copy of the PPT. A perfect lesson for A-Level Economics.
Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks
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Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks

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A bumper lesson that includes all the key theory for the four main market structures in economics. The lesson covers theory, examples and tasks for the following market structures; perfect competition, monopolistic competition, oligopolies, duopolies (not essential, but fascinating) and monopolies. The lesson has a nice worksheet that when filled in (answers sheet provided) students will have a great summary sheet on the four main market structures. I have also created a nice task where students need to guess which market structure each business would likely fall under (answers again provided). This lesson is a great introduction to the various market structures and could be adapted for AS Level Economics.
Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS
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Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS

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A bumper lesson that covers some key areas of business operations. The lesson looks at lean production, kaizen, Just in Time (JIT) and general productivity in a firm. There are relevant examples throughout and clear theory. The lesson leads to a 9 mark exam style question. I have also included a nice multiple choice quiz which would be perfect for a starter activity. The lesson is aimed at operations topic for GCSE Business Studies, but could easily be adapted for AS Level Business Studies.