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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.
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

(1)
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 - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6
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The Labour Market - Introduction to the Labour Market - A-Level Microeconomics / Economics 1 of 6

(2)
This detailed lesson introduces the labour market. The lesson looks at the goods and factor markets and how the labour market impacts perfectly competitive firms through graphs and examples. The lesson also looks at the main reasons why people work and includes a past paper exam style question. I have also included a fun 'The Price is Right' style game based on salaries and jobs. This is a perfect lesson for A-Level Economics and helps introduce a tough topic. Pack 1 of 6.
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

(1)
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.
Absolute & Relative Poverty & The Main Causes of Poverty in the UK - A-Level Economics - 2 of 4
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Absolute & Relative Poverty & The Main Causes of Poverty in the UK - A-Level Economics - 2 of 4

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This lesson at the difference between absolute and relative poverty and the main causes of poverty in the UK. The lesson includes lots of detailed theory, diagrams, examples, video links and tasks. The tasks include a nice poverty word scramble starter activity. I have also included a fun distribution of income dice game. The lesson concludes with past exam style questions. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and how their is clear inequality in the UK and the World. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 2 of 4 covering poverty and the inequality of the distribution of income.
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.
Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4
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Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality - 4 of 4

(1)
This lesson looks at how poverty and inequality is linked to both the earnings and poverty trap. The lesson focuses on the earnings trap, the poverty trap, the underground trap, the underground economy and the difference between equity and equality. The lesson then looks at both horizontal and vertical equity. The lesson also looks at government policies that are designed to reduce poverty. The lesson includes lots of detailed theory, diagrams, examples and tasks. I have also included a nice gap fill worksheet. I have also included a nice starter activity on the Lorenz Curve. I have also created a nice government policy matching task. The lesson concludes with past exam style questions. I have also included a fun economics Pictionary game for the topics covered in poverty and further back in the syllabus. I have also included a student version of the PPT. This lesson is perfect for looking at poverty and the distribution of income. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 4 of 4 covering poverty and the inequality of the distribution of income.
Monopolies & Market Failure - Pros & Cons of Monopolistic Markets - A-Level Economics
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Monopolies & Market Failure - Pros & Cons of Monopolistic Markets - A-Level Economics

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This lesson looks at how monopolies can cause market failure. The lesson includes lots of detailed theory, diagrams, examples and tasks. The lesson covers the following key theory: * What monopolies are * Pure and natural monopolies * Barriers to entry * The role of the government to monopolies * Advantages of monopolies * Disadvantages of monopolies Main lesson aim: Students will understand what market failure is and the main causes of market failure. The lesson starts with a fun starter to help re-cap on the various market structures and get into the appropriate groups. I also have made a nice 'You Say We Pay' game to help cover the key theory. I have also included a tough quiz on the topics covered. I have also included a student copy of the PPT. This lesson is perfect for A-Level Economics.
GCSE Business Studies - Unit 1 Setting Up a New Business - Keyword Championships - Fun Revision Game
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GCSE Business Studies - Unit 1 Setting Up a New Business - Keyword Championships - Fun Revision Game

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Business Studies students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit Setting up a Business from GCSE Business Studies. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Business Studies. A perfect game for GCSE Business Studies. This game has been made to fit the AQA syllabus, however it could easily be adapted for other exam boards. Included in this lesson are the following: Keyword Championship Title Screen Rules of the game Score card Unit 1 - Setting Up a Business Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
Government Intervention & Government Failure - A-Level Economics - PPT, Quiz & Worksheets
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Government Intervention & Government Failure - A-Level Economics - PPT, Quiz & Worksheets

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A bumper lesson looking at the key theory behind government intervention and government failure. The lesson includes numerous examples and tasks throughout. The lesson looks at the seven main causes of government failure in a lot of detail. The lesson included a fun 'You Say We Pay' game and an exam style question. I have included a student copy of the PPT alongside the overall PPT. I have also included two tests / quizzes on similar topics and a nice 25 mark exam question template. This lesson is perfect for A-Level Economics.
Production & Productivity - Labour & Capital Productivity - GCSE Economics - PPT & Worksheet
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Production & Productivity - Labour & Capital Productivity - GCSE Economics - PPT & Worksheet

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This lesson looks at the difference between production and productivity. The lesson includes many key examples, tasks and key theory. I have also included a simple worksheet to work alongside the key theory. The lesson covers the following theory: * Production * Productivity * Factors of production * Labour intensity * Capital intensity Below is a break-down of the lesson aims: All: Students will know the difference between production and productivity. Most: Students will know how to calculate both labour and capital productivity Some: Students will know the main advantages and disadvantages of both labour and capital intensive industries. This lesson is perfect for GCSE Economics and could also be useful for A-Level Economics.
Uses of National Income Data & Living Standards - Year 2 - Macroeconomics / Economics A-Level
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Uses of National Income Data & Living Standards - Year 2 - Macroeconomics / Economics A-Level

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A good overview and whole lesson on how national income data can measured and how it impacts an economy. Lesson aim: Students will understand how income data is measured, why governments measure income data and the main limitations of using income data to access living standards. This 33 slide PPT offers a perfect 2 hour+ lesson on national income data. The lesson looks at the following areas: Measuring National Income Why do Governments Measure National Income? What are the Limitations of Using National Income Data to Measure Living Standards? Other ways of measuring living standards The Big Mac Index The lesson has a number of written tasks throughout including two essay-based exam questions at the end. Overall a perfect lesson for A-Level economics.
Economic Growth & the Economic Cycle - Year 2 A-Level Macroeconomics / Economics
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Economic Growth & the Economic Cycle - Year 2 A-Level Macroeconomics / Economics

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A very detailed look at the causes, pros and cons of economic growth and how it can influence different economies. Main aim: Students will expand their theory of economic growth and look at very details pros and cons of economic growth. Students will also look at the major impact economic growth can have to an economy. This lesson covers the following areas: The Benefits of Economic Growth The Disadvantages of Economic Growth The Impact of Economic Growth The Stages of the Economic Cycle The Causes of Changes in the Economic Cycle The lesson has numerous written tasks throughout and leads up to a 25-mark exam style essay question.
GCSE Business Studies - Unit 2: Growing as a Business - Keyword Championships - Fun Revision Game
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GCSE Business Studies - Unit 2: Growing as a Business - Keyword Championships - Fun Revision Game

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Business Studies students. Unit 2 Keyword Championships helps students re-cap on all the keywords from the unit Growing as a Business from GCSE Business Studies. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Business Studies. A perfect game for GCSE Business Studies. This game has been made to fit the AQA syllabus, however it could easily be adapted for other exam boards. Included in this lesson are following: Keyword Championship Title Screen Rule of the game Score card Unit 2 - Growing as a Business Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
GCSE Economics - How the Market Works - Keyword Championships - Fun Revision Game - OCR - Micro
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GCSE Economics - How the Market Works - Keyword Championships - Fun Revision Game - OCR - Micro

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At the end of each year (and even each term) I like to play a fun revision game with my GCSE Economics students. Unit 1 Keyword Championships helps students re-cap on all the keywords from the unit How the Market Works from GCSE Economics. I first explain the rules of the game to my students (see below) and hand out the packs to groups of 4-5 students. I simply print out and cut up all the keywords and definitions to make a large pile. One person from each group grabs a card and reads out the definition to their other group members - the first person who guesses the correct definition wins a point which is recorded on the score card (see PPT). The pile of cards goes round the group and the scores are recorded. The game finishes when all cards have been used. This game takes around 1 hour to complete all cards. This game has proved a huge hit with students of all abilities and really has helped them learn the keywords and basic theory of Economics. A perfect game for GCSE Economicss. This game has been made to fit the OCR syllabus, however it could easily be adapted for other exam boards. Included in this lesson are following: Keyword Championship Title Screen Rule of the game Score card Unit 1 - How the Market Works Keywords (ready to be cut up) There is space for adding your own keywords and definitions to make the game more fun and suited to your students. E.g. I like to add in the odd fact and business quote to help make the game a little more fun. Rules of Keyword Championships: Get into groups of 4-5 people. Shuffle your keyword cards and turn them upside down into a nice pile. One person in your group will then pick up a card and read the description. The first person to correctly identify the keyword gets a point. Keep going around the table until all keywords have been identified and find out who has the most points. The winning person in each group will win a prize.
Aggregate Demand, Consumption & The Level of Economic Activity - A-Level Macroeconomics / Economics
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Aggregate Demand, Consumption & The Level of Economic Activity - A-Level Macroeconomics / Economics

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A detailed extension of aggregate demand theory and a detailed look at the consumption function and MPC. Perfect for year 2 A-Level macroeconomics. Main Aim: Students will expand their theory of AD and look at how consumption can be looked to through both the consumption function and MPC. Students will also look at the Multiplier concept. This lesson covers the following areas: Consumption The consumption function and graph Marginal propensity to consume (MPC) Influences on MPC The multiplier effect The reserve multiplier. The lesson concludes with exam-based questions on a news article. This lesson could easily last 2 hours.
Economic Systems & Factors of Production Overview / Re-Cap Tasks
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Economic Systems & Factors of Production Overview / Re-Cap Tasks

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This detailed and engaging PPT will help students re-cap and revise key theory from economic systems and the factors of production. The lesson includes a great A3 revision sheet, key exam question practice and an interactive research task perfect for homework. It also includes a bonus Word Doc worksheet covering many questions. Main Aim: Students will re-cap and complete tasks to fully cover the main economic systems, goods and services and the factors of production.
Employment & Unemployment & How it is Measured
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Employment & Unemployment & How it is Measured

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This detailed and engaging lesson covers the key theory employment and unemployment. This includes the definition of full employment, being economically inactive and what employed means. The lesson also looks at how unemployment is measured. There are many examples of unemployment and videos. The lesson includes many tasks and activities throughout.
Types of Unemployment & Calculating & Analysing Employment Data
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Types of Unemployment & Calculating & Analysing Employment Data

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This detailed and engaging lesson covers the key theory behind the different types of unemployment and how employment data can be properly analysed. The lesson gives examples and clear definitions of cyclical, structural, frictional and seasonal unemployment. There are many examples of unemployment and videos. The lesson includes many tasks and activities throughout.
Sole Traders - Types of Business Ownership - Pros & Cons - Business Studies - PPT & Worksheet
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Sole Traders - Types of Business Ownership - Pros & Cons - Business Studies - PPT & Worksheet

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A detailed lesson on sole traders. This PPT includes a description of sole traders, there pros and cons and includes various tasks throughout. The lesson carefully explains unlimited liability and how this can impact a sole trader. The lesson also looks at the various examples of typical sole traders. I have also included a nice multiple choice quiz based on stakeholders. There is also a detailed 5 page worksheet based on sole traders that can be used straight after the presentation. This is a perfect lesson for GCSE Business Studies and the Setting up a New Business unit.