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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.
Price Elasticity of Supply (PES) - Elastic & Inelastic Supply - Theory, Curves & Calculations
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Price Elasticity of Supply (PES) - Elastic & Inelastic Supply - Theory, Curves & Calculations

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A great lesson that helps teach price elasticity of supply. The PPT covers all the main theory of price elasticity of supply. The lesson has many tasks and examples throughout. The lesson also looks at how to calculate PES. The attached worksheet also asks students to work out the price elasticity of supply for numerous businesses. The lesson is perfect for GCSE Economics and would also be suitable for AS Economics.
Introduction to Monetary Policy
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Introduction to Monetary Policy

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Students will understand the key economic theory of monetary policy. Students will learn about the interest rates, inflation, the base rate and the objectives of The Bank of England. Students will learn about the Monetary Policy Committee and their role in keeping inflation under control. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise
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Franchises / Franchising - Pros & Cons - Business Ownership - PPT & Worksheets - Franchise

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This bumper lesson covers everything students need to know about franchises. This PPT includes a description of franchises, there pros and cons and includes various tasks throughout. The lesson also includes relevant examples of business franchises and links to some great videos. The lesson also looks at the important difference between a franchisee and a franchisor. I have also included two detailed worksheets based on franchises that can be used straight after the PPT is used in class. This is a perfect resource for GCSE Business Studies and the Setting up a New Business unit. I have also included a 10 question multiple choice quiz, which is perfect for the lesson starter.
Exchange Rates
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Exchange Rates

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Students will understand the key economic theory of exchange rates. Students will learn what exchange rates are, how they are calculated and how they can impact economies and why they are so important. Students will learn the pros and cons of having a weak and strong currency. The lesson also introduces supply and demand of exchange rates with diagrams and examples. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Supply-Side Policies
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Supply-Side Policies

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Students will understand the key economic theory of Supply-Side policies. The lesson covers the different types of supply-side polices such as free market and interventionist policies. The lesson also covers the micro and macro effects of supply-side policies. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
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.
Market Structures – Competitive Markets, Oligopolies & Monopolies – Pros & Cons of Markets
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Market Structures – Competitive Markets, Oligopolies & Monopolies – Pros & Cons of Markets

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This detailed and engaging lesson covers the key theory behind Market Structures. This includes the different market structures, perfect competition, competitive markers, oligopolies and monopolies. The lesson looks at the pros and cons of each structure and many examples. The lesson includes a group task to consolidate learning. The lesson includes many tasks, videos and activities throughout. Main Aim: Students will understand market structures – including competitive markets, oligopolies and monopolies. The condition, pros and cons of each market structure are covered. The lesson includes many videos, tasks and examples.
Fiscal Policy
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Fiscal Policy

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Students will understand the key economic theory of fiscal policy. Students will learn about the difference between government spending and government taxation. Students will learn about the different types of taxes and how much money they generate for the economy. The lesson also looks at why government set taxes. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet
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Exchange Rates - Economics - How Exchange Rates Impact an Economy - GCSE - PPT & Worksheet

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A nice lesson that explains exchange rates and how they can impact an economy. The lesson starts with the difference between imports and exports - with a nice simple task. The lesson then explains what exchange rates are. They lesson includes numerous examples of different exchange rates and explains how a weak or strong exchange rate can impact an economy. I have included great revision aids on how to help students remember the pros and cons of both a strong and weak pound, with the great acronyms SPICED and WPIDEC. The lesson then leads to a worksheet where students need to research different exchange rates and see how the price changes when different currencies are compared. A great lesson for teaching an important topic in Economics. Perfect for GCSE Economics and even Business Studies - the lesson could also be adapted for A-Level.
The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics
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The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

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A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students. I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.
Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets
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Economies of Scale - GCSE Economics - Internal & External Economies of Scale - PPT & Worksheets

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This detailed lesson helps students fully understand 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). 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 looks at the clear difference between internal and external economies of scale. I have focused many tasks throughout this lesson that helps students fully understand the concept of economies of scale. The lesson also looks at diseconomies of scale in a lot of detail. I have also provided a great task based on Mega Dairies in the UK and how they hope to benefit from economies of scale - this includes a number of great video clips and an excellent worksheet that could be used in a group activity. This lesson could easily stretch across 2-3 hours of teaching. A great lesson which would be perfect for GCSE Economics and also useful for A-Level.
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.
International Trade
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International Trade

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Students will understand the key economic theory of international trade. Students will learn about imports, exports and the advantages of comparative advantage. Students will also learn the more general benefits and drawback of international trade and protectionism. The lesson also includes info on the WTO. The lesson includes tasks, examples and videos.
Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks
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Market Structures - Perfect Competition to Monopolies - Microeconomics - GCSE - PPT & Tasks

(1)
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.
How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient - Lesson 3 of 4
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How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient - Lesson 3 of 4

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This lesson at how poverty and inequality is measured. The lesson focuses heavily on both the Lorenz Curve and how the Gini Coefficient is used to measure a countries poverty and distribution of income. The lesson includes lots of detailed theory, diagrams, examples and tasks. The tasks include a nice gap fill worksheet. I have also included a nice worksheet based on the Gini Coefficient. 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 and how it is measured. This lesson is perfect for A-Level Economics and could also be useful for Geography and Business Studies. This is lesson 3 of 4 covering poverty and the inequality of the distribution of income.
The Balance of Payments
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The Balance of Payments

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Students will understand the key economic theory of the balance of payments. The lesson covers how sections of the balance of payments such as the current account and financial account. The lesson also covers foreign direct investment (FDI) and evaluating a current account deficit and surplus. The lesson includes deep theory, many tasks, examples and overview revision tasks. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Monopolies & Competitive Markets - Economics - Microeconomics - PPT, Quiz & Worksheet - GCSE & AS
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Monopolies & Competitive Markets - Economics - Microeconomics - PPT, Quiz & Worksheet - GCSE & AS

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A bumper lesson that covers monopolies and competitive markets. The PPT leads up to a past GCSE exam question (can easily be edited for AS standard) and helps students understand the various pros and cons of both monopolies and competitive markets. I have included a nice multiple choice quiz and a worksheet used throughout the PPT. The PPT has lots of tasks throughout and uses up to date examples and key information.
Factors Influencing International Competitiveness - Economics - Productivity Globally - GCSE
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Factors Influencing International Competitiveness - Economics - Productivity Globally - GCSE

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This lesson looks at six of the main factors that can influence how competitive an economy can be. The six main influences are productivity, inflation, exchange rates, tax rates, infrastructure and cost of doing business. Each influence is covered nice detail and include examples. The lesson complete with a nice group work task where students have to consider 3 - 4 policies that the UK government could implement to help make the country more competitive. Students need to look at the pros and cons of each policy and the likely short and long term implications of your policies. A great lesson for GCSE Economics and Business Studies. This lesson could also be adapted for A-Level.
Break Even Analysis - Calculations, Theory & Graphs - Business Finance - A-Level / GCSE
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Break Even Analysis - Calculations, Theory & Graphs - Business Finance - A-Level / GCSE

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A really detailed lesson (that could easily span over 2-3 lessons) on break-even. The lesson looks at the key theory behind break-even and how it is calculated. The lesson has loads of tasks throughout and gets students to complete tables, graphs and formulas to calculate a businesses break-even point. A great lesson includes a student handout which can be printed and used alongside the overall lesson PPT. The lesson includes examples and great revision tips on a potentially difficult financial topic. Perfect for both A-Level and GCSE Business Studies.
Market Structures Key Theory: Perfect Competition, Oligopoly & Monopolies
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Market Structures Key Theory: Perfect Competition, Oligopoly & Monopolies

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This lesson focuses on the basic key theory of the main market structures (as listed below). The lesson includes theory, examples and tasks throughout. Perfect competition Monopolistic competition Oligopoly Duopoly Monopoly The lesson then focuses on perfectly competitive markets and its key diagrams. The diagrams covered includes: Revenue curves in perfect competition Short-run equilibrium in perfect competition Profit maximisation in perfectly competitive markets Long-run equilibrium in perfect competition There are tasks, examples and clear theory for each diagram. The lesson then looks at monopolies and looks at marginal and average revenue curves in a monopoly. The lesson concludes with an exam style question. I have also included a student copy of the PPT. This 48 page PPT can easily stretch across a number of lessons. I have also included a nice keyword quiz. Perfect for A-Level Economics.