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MARKET FAILURE – MISALLOCATION OF RESOURCES
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MARKET FAILURE – MISALLOCATION OF RESOURCES

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For teaching: MARKET FAILURE – MISALLOCATION OF RESOURCES The lesson objectives are: • market failure as the inability of the market system to allocate resources efficiently. • the costs associated with misallocation of resources. • methods of government intervention to counter misallocation of resources. This lesson uses the topic to focus on long-answer questions from Part B of the exam. A note on this series of resources for Economics GCSE micro – 20 lessons in total: The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
MARKET FAILURE – EXTERNALITIES
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MARKET FAILURE – EXTERNALITIES

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For teaching: MARKET FAILURE – EXTERNALITIES The lesson objectives are: • externalities as the difference between social costs/benefits and private costs/benefits. • the difference between positive and negative externalities and identify them. • that production and consumption can lead to negative externalities. I do not take credit for the ‘dominoes’ cards resource, and I don’t even remember where I found it, but I’m including it here as a bonus as I like the idea of getting students up on their feet. I haven’t explicitly incorporated it into the lesson presentation, so do with it what you will. : ) A note on this series of resources for Economics GCSE micro – 20 lessons in total: The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
THE IMPORTANCE OF PRODUCTION COSTS, REVENUE AND PROFIT FOR PRODUCERS
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THE IMPORTANCE OF PRODUCTION COSTS, REVENUE AND PROFIT FOR PRODUCERS

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For teaching: PRODUCTION COSTS, REVENUE AND PROFIT – THE IMPORTANCE OF PRODUCTION COSTS, REVENUE AND PROFIT FOR PRODUCERS The lesson objectives are: • Business objectives, including profit, sales growth and increasing market share. • How to identify and calculate total and average, fixed and variable costs, and total and average revenues. • That ‘total revenue – total costs = profit’ and that a firm may aim to increase its profits by reducing average costs and/or increasing revenues. • Higher prices imply higher profits – which provides an incentive for producers to expand production. • The motivations of producers may conflict with ethical and moral interest. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
PRODUCTION COSTS, REVENUE & PROFIT – ECONOMIES OF SCALE
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PRODUCTION COSTS, REVENUE & PROFIT – ECONOMIES OF SCALE

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For teaching: PRODUCTION COSTS, REVENUE & PROFIT – ECONOMIES OF SCALE The lesson objectives are: • Economies of scale as the effect on average costs of a rise in production. • The implications and effects of economies of scale on business behaviour. • The costs and benefits of growth for a business. • The different types of economy of scale, including managerial, purchasing, financial, technical and risk-bearing. • What is meant by diseconomies of scale. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
COMPETITIVE & CONCENTRATED MARKETS – COMPETITIVE MARKETS
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COMPETITIVE & CONCENTRATED MARKETS – COMPETITIVE MARKETS

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For teaching: COMPETITIVE & CONCENTRATED MARKETS – COMPETITIVE MARKETS The lesson objectives are: • What is meant by a competitive market. • How producers operate in a competitive market. • The economic impact of competition on consumers, producers, and workers. • Why profits are likely to be lower in a competitive market than one that is dominated by a small number of producers. This is a lesson that uses the topic of competitive markets to focus quite heavily on tackling 6-mark questions. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
HOW PRICES ARE DETERMINED – PRICE ELASTICITY OF DEMAND
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HOW PRICES ARE DETERMINED – PRICE ELASTICITY OF DEMAND

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For teaching: HOW PRICES ARE DETERMINED – PRICE ELASTICITY OF DEMAND The lesson objectives are: • that changes in price do not always cause equivalent changes in demand. • the factors that affect price elasticity of demand. • the difference between price elastic demand and price inelastic demand. • that price elasticity of demand is measured as the percentage change in quantity demanded, divided by the percentage change in price – and be able to perform calculations from given data. • the implications of price elasticity of demand for producers and consumers. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
ECONOMIC FOUNDATIONS – FACTORS OF PRODUCTION & MAKING CHOICES
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ECONOMIC FOUNDATIONS – FACTORS OF PRODUCTION & MAKING CHOICES

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For teaching: ECONOMIC FOUNDATIONS – FACTORS OF PRODUCTION & MAKING CHOICES The lesson objectives are: • the nature of an economic resource. • examples of the four factors of production and the reward accrued to each. • how and why choices are made, and how costs and benefits can be weighed up to make a choice. • the concept of opportunity cost in the context of economic activity. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
RESOURCE ALLOCATION – MARKETS AND ALLOCATION OF RESOURCES
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RESOURCE ALLOCATION – MARKETS AND ALLOCATION OF RESOURCES

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For teaching: RESOURCE ALLOCATION – MARKETS AND ALLOCATION OF RESOURCES The lesson objectives are: • A market is an opportunity for buyers and sellers to interact in order to establish price. • The role of markets in allocating scarce resources. • The difference between factor and product markets. A note on this series of resources for Economics GCSE micro – 20 lessons in total: The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
ECONOMIC FOUNDATIONS – ECONOMIC ACTIVITY
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ECONOMIC FOUNDATIONS – ECONOMIC ACTIVITY

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For teaching: ECONOMIC FOUNDATIONS – ECONOMIC ACTIVITY The lesson objectives are: • The difference between a need and a want (and how these can change over time). • The central purpose of economic activity. • Key economic decision-making. • The main economic groups. • Interaction between the main economic groups. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
HOW PRICES ARE DETERMINED – PRICE ELASTICITY OF SUPPLY
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HOW PRICES ARE DETERMINED – PRICE ELASTICITY OF SUPPLY

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For teaching: HOW PRICES ARE DETERMINED – PRICE ELASTICITY OF SUPPLY The lesson objectives are: • Changes in price do not always cause equivalent changes in supply. • The factors that affect price elasticity of supply. • The difference between price elastic supply and price inelastic supply. • How to calculate PES from given data. • The implications of price elasticity of supply on producers and consumers. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
COMPETITIVE & CONCENTRATED MARKETS – THE LABOUR MARKET
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COMPETITIVE & CONCENTRATED MARKETS – THE LABOUR MARKET

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For teaching: COMPETITIVE & CONCENTRATED MARKETS – THE LABOUR MARKET The lesson objectives are: • Wage determination using simple demand and supply analysis. • Wage differentials within and between occupations. • The difference between gross pay and net pay. • How to calculate income, including gross and net pay. This lesson uses the topic to focus on long-answer questions from Part B of the exam, including guided practice for 15-mark questions. There is sufficient material within these resources for 2+ lessons. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
HOW PRICES ARE DETERMINED – INTERMARKET RELATIONSHIPS
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HOW PRICES ARE DETERMINED – INTERMARKET RELATIONSHIPS

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For teaching: HOW PRICES ARE DETERMINED – INTERMARKET RELATIONSHIPS The lesson objectives are: • The meaning of complementary and substitute goods. • The impact of changes in demand, supply, and price in one market on other related markets. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
RESOURCE ALLOCATION – SPECIALISATION, DIVISION OF LABOUR, AND EXCHANGE
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RESOURCE ALLOCATION – SPECIALISATION, DIVISION OF LABOUR, AND EXCHANGE

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For teaching: RESOURCE ALLOCATION – SPECIALISATION, DIVISION OF LABOUR, AND EXCHANGE The lesson objectives are: • The meaning of specialisation and the division of labour. • How and why individuals and producers specialise. • The costs and benefits associated with the division of labour, both to the worker and the firm. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
HOW PRICES ARE DETERMINED – DEMAND FOR GOODS AND SERVICES
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HOW PRICES ARE DETERMINED – DEMAND FOR GOODS AND SERVICES

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For teaching: HOW PRICES ARE DETERMINED – DEMAND FOR GOODS AND SERVICES The lesson objectives are: • What is meant by the demand for a good or service. • The factors that influence demand. • How to construct an individual demand curve from consumer data. • The difference between shifts of, and movements along, the demand curve. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
RESOURCE ALLOCATION – ECONOMIC SECTORS
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RESOURCE ALLOCATION – ECONOMIC SECTORS

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For teaching: RESOURCE ALLOCATION – ECONOMIC SECTORS The lesson objectives are: • The meaning of primary, secondary, and tertiary sectors and their relative sizes in the UK. • The difference between a good and a service A note on this series of resources for Economics GCSE micro – 20 lessons in total: The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
PRODUCTION COSTS, REVENUE AND PROFIT – PRODUCTION AND PRODUCTIVITY
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PRODUCTION COSTS, REVENUE AND PROFIT – PRODUCTION AND PRODUCTIVITY

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For teaching: PRODUCTION COSTS, REVENUE AND PROFIT – PRODUCTION AND PRODUCTIVITY The lesson objectives are: • The difference between production and productivity. • The factors that influence productivity. • The benefits of increased productivity. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
HOW PRICES ARE DETERMINED – EQUILIBRIUM PRICE
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HOW PRICES ARE DETERMINED – EQUILIBRIUM PRICE

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For teaching: HOW PRICES ARE DETERMINED – EQUILIBRIUM PRICE The lesson objectives are: • How the interaction between supply and demand determines equilibrium price using a supply and demand diagram. • Why excess demand and excess supply can lead to changes in price. • How to use supply and demand diagrams to understand the impact of changes in equilibrium market prices. • How demand and supply curves can be applied to a variety of real-world markets. • How to demonstrate revenue on a demand and supply diagram. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mots justes’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!
GCSE ECONOMICS - COURSE INTRO
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GCSE ECONOMICS - COURSE INTRO

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Course intro presentation for the first lesson of the course to give students an overview. Check also the document listing resources for all the micro resources, with links to each. A note on this series of resources for Economics GCSE micro – 20 lessons in total The resources for each lesson will comprise at least: • A detailed PowerPoint presentation • Worksheets for students to make revision notes • Exam questions from past papers linked to the topic. The resources will be more than sufficient for an entire lesson, depending on how much discussion and classroom interaction you like to have of course! They are designed to encourage student interaction. In several cases, the resources will be sufficient for more than one lesson. For instance, more complex topics will have more detailed resources. The resources can be used for any GCSE course, but they are tailored for the AQA 8136 Economics GCSE micro spec. The presentations pose questions and encourage discussion. Many include video clips to support the topic content, or to review/consolidate learning. Most resources include news stories from the media, so that the theory can be contextualised in real life. As a magpie of ideas, sometimes my resources will incorporate ideas that I have gathered over time from various sources, and which I include or adapt if I feel they are the ‘mot juste’ to get concepts across effectively. Occasionally, presentation slides have east London specific images/text. You may choose to replace with others that are more regional to you. The ‘worksheets’ are designed to go with the presentations and together should form useful revision notes for students. The exam questions are from either past AQA exam papers, or past OCR exam papers for Economics GCSE. I really hope you find my resources useful. If so, please be kind and show your appreciation by leaving a review, so that it helps me - and helps others to find quality resources. : ) Thanks!