# Dizzleeducation's Shop

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I am a teacher of Economics and Business in a south London school and the resources on here are all ones I've found work well and are effective when teaching my students in these subjects. You will also find some other resources for general target-setting or supporting pupils in form time as well as some resources from when I taught Maths a few years ago.

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I am a teacher of Economics and Business in a south London school and the resources on here are all ones I've found work well and are effective when teaching my students in these subjects. You will also find some other resources for general target-setting or supporting pupils in form time as well as some resources from when I taught Maths a few years ago.

#### Price Elasticity of Demand

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These resources include everything you need to teach a class about the key concept of price elasticity of demand. These activities will take around 1 hour 30 minutes, so with the addition of some past questions from your exam board this would cover two 1 hour lessons. The PowerPoint guides you through the process of the lesson and includes step-by-step transitions and key terms. The introduction to the topic allows students to explore exactly what elasticity is and the factors that affect it. These factors are considered in more detail using the ‘scenarios’ activity. Next students are introduced to how to calculate price elasticity of demand, with questions to test their understanding. The second part of the worksheet focuses on exploring the link between elasticity and revenue, which is then summarised on the PowerPoint. The lesson concludes with some multiple-choice questions to test student understanding.

#### The Market for Chocolate Supply & Demand Worksheet

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Uses the product of Cadbury Dairy Milk (close to many people’s hearts!) to get students to draw supply and demand curves. Also requires them to shift lines and considers the idea of a market not being in equilibrium. Also includes 2 short homework questions on a similar theme.

#### Interest Rates 20-mark Exam Question and Model Answer

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Designed to match the requirements of the new Edexcel A Level Business Specification, this is an example 20-mark exam question on the topic of interest rates. The case study included with the question is about Sainsbury's supermarket and has been specifically written to aid students in planning/answering the question. Also included in this pack is a model answer to the question, written with the aim of matching the top Level 4 criteria on the new mark schemes. Possible ways of using this is a lesson could include: 1. Read through case study together and then give students time to come up with ideas/potential points. Then discuss model answer together to see how/why it is a level 4 answer, in conjunction with the criteria from a mark scheme. 2. Set the question as homework then students can compare their work to the model answer to look for ways to improve their work 3. Using different colours, highlight each of the four exam skills in the answer- knowledge, application, analysis, evaluation. And I'm sure there are many other good uses you could put this to.

#### Elasticity Exam Questions BHS Bankruptcy

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This resource is designed for the new Edexcel AS Level Business Paper 1 exam. It includes a case study of BHS's slide into bankruptcy (at least at the time of writing it had just gone into administration) and has four exam-style questions related to the case study. The main focus of the questions is elasticity but also covered is demand and supply and a general 8-mark 'Assess' question about the factors leading to BHS' failure.

#### A Fishy Supply Simulation Lesson

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This simulation lesson will assist students studying the factors that affect supply of a product in Business. Designed for year 12 students for their A-Level course but could work well at GCSE level. Students are put in the position of fishermen/women and their objective is to make as much money as they can from creating fish. The situation changes regularly, so students may change their approach during the lesson. After the fun and excitement, students complete an evaluation sheet that relates the practical activity they have just been doing to the fundamental topic of demand and supply- getting students to draw clear diagrams with written explanation of what’s happened in each situation. This also allows for an excellent class discussion. Everything required to run the lesson is included - you just need some scrap paper, scissors, pencils, and rulers. It is written to last an hour, but can be adapted, or the discussion can be conducted as a follow-up in the next lesson.

#### Cross and Income Elasticity of Demand Lesson

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This lesson is written for A Level Business students, introducing these two types of elasticity to them, how they are calculated, and what they mean. It is written to last approx. one hour. This is designed to be used after students have already been taught about Price Elasticity of Demand (see the other lesson I have uploaded on this topic) For each type of elasticity the PowerPoint includes an explanation of what it is, the different types of goods (substitute/complement; normal/inferior) and how to use the calculation. There is also a small worksheet for each elasticity that requires students to practice using the calculation. If you have any questions about this lesson, please do get in touch.

#### Machine Press Tools Video

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Designed to assist Year 11 students preparing for exams involving the Edexcel B&R Engineering case study, a video showing machine press tools bending metal and explaining very simply what they do. An information sheet for students is also included.

#### Company Types & Growth Revision

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PowerPoint and associated worksheet designed to revise these two Business topics. Should take approx. 40 mins. including discussion of the points.