Introduction to Economics, including Macro and Micro with supporting resources. (whole lesson) A taster/introductory lesson, that combines discussion activities, an article activity and a game based activity. These explain the nature of economics, introductory economic concepts such as needs & wants, scarcity, opportunity cost etc. It also gives a brief taste of Microeconomics and Macroeconomics. Supporting notes are included in the ppt.
Calculate, Reverse Calculate and Interpret. With additional activities Weighting and Inflation. Includes: Theory and many differentiated activities (individual, paired and group)
What is the nature of demand/the demand curve? What variables impact demand? How does the reaction of demand differ depending on the variables? Types of Goods and Demand Whole lesson: Theory, activities and assessment.
Define the four main economic objectives link these to Indicators and UK economic performance Summarise the main objectives/ measurements and associated terms and vocabulary Whole lesson: Theory, video links, activities and assessment.
Develop an understanding of the first topic The theory of production Whole lesson: Theory and activities.
Learning Objectives: How does trade deflection work? What is trade creation and analyse its impact? What is trade diversion and analyse its impact?
Define equilibrium in a market and how it is achieved Explain how changes in demand and Supply can cause disequilibrium and how the market establishes a new equilibrium Understand inter-market relationships Demonstrate the interrelationship of markets through diagrams
Learning Objectives: 1) To review the key terminology: Production, productivity, Specialisation, Division of Labour and Exchange. 2) To calculate costs and represent diagrammatically 3) To understand the nature of costs over output
To calculate and interpret PeS To understand and apply what determines PeS To revise Elasticity Whole lesson: Theory, activities and assessment.
1) Review your understanding of the nature of demand 2) To be able to draw and calculate the Ped 3) What is the impact of the Ped on revenue? 4) Discuss the consequences of inelasticity Whole lesson: Starter test, theory, activities, video link and assessment.
What are a firm’s Objectives? What is the divorce of ownership and control? What are the alternative objectives? Whole lesson: Theory, video link and activities.
AS/Yr1 Economics Lesson 1: To understand and apply the stock and flow of an economy Develop your understanding of the two and three sector model. Apply, analyse and evaluate the sector model Lesson 2: To understand and apply the four sector economic model Analyse the consequences of changes in the flow and evaluate the sector model To Revise the model Activities, theory, video, assessments and worksheets.
Review types of goods and demand What is Supply? What’s the relationship between supply and price? What is the relationship between supply and other variables Whole lesson: Theory, activities, MCQ questions, assessment and exam technique.
Economics Monetary Policy - 3 lessons - A2/Yr2 Theory, activities, videos and assessment. Lesson 1 1) To understand the interaction of money supply and demand 2) To understand and apply the objectives of Monetary Policy 3) To apply modern methods (instruments) of money supply and its consequences Monetary base control Open Market Operations (OMOs) Setting interest rates Lesson 2 To demonstrate the relationship between interest rates and exchange rates through linked analysis To understand the transmission mechanism To apply and analyse monetary policy in view of the mechanism Lesson 3 To review, apply and analyse monetary policy in view of the transmission mechanism To develop arguments for and against monetary policy for use in evaluation To attain a brief knowledge of monetary policy history
To understand the Bank of England’s Objectives and policy instruments To analyse and evaluate how the Bank of England’s policy instruments influence Macro economic Theory, activities and assessment
To understand the nature of the course and expectations (AQA) To understand ‘What is Economics?’ and apply it To understand ‘The methodology?’ and apply it Includes: Ice breaker starter, theory, activities and links to videos
To understand the nature of exchange rates To apply reciprocal movements To understand what causes currencies to change in value (floating exchange rate) To link (An) and evaluate the cause and consequences of changes in value.
Diagram study notes on merit- demerit- pos and neg ext in consumption with gov interventions - AS-Yr
Diagrams revision notes: Merit, Demerit, Pos & Neg ext in consumption Government Intervention applied to Merit, demerit, Pos & Neg ext in consumption.