This lesson introduces learners to the components of aggregate demand before looking at each component in greater detail later in the course. We start by breaking down the definition of aggregate demand to undestand the components involved. We look at the AD curve and understand why it slopes downwards and why it is different to the micro demand curve although looks the same. We look at movements and shifts in the AD curve and students have the opportunity to practice drawing the diagram with shifts - answers provided. A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to different sizes and types of firms, we look at what factors determine the size of a business, we then go on to look at the principal-agent problem and an example of a firm that has made attempts to reduce this problem. We look at the different between public and private sector organisations and their different motives, followed by interesting videos which stimulate debate on the topic. We finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the concept of economic profit as opposed to accounting profit which most are familiar with. We use broken down examples to explain the concept of normal, supernormal profits and losses. We then look at marginal revenue and marginal cost to identify profit maximisation points and shutdown points. Calculation and drawing tasks to consolidate and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the fundamental concept of the basic economic problem, we start with an engaging group activity to highlight the problem of scarcity by distributing items between groups. This brings to light the concept of opportunity cost which we look at, students are given scenarios where they have to make choices and understand the opportunity cost involved in those choices. We then look at renewable and non renewable resources before a research task and box plenary to end with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the different types of efficiencies. We start by watching a clip of Goldilocks to understand allocative efficiency - we go deeper into it and look at the definitions and illustrations of the different efficiencies. Videos and questions based on x-inefficiency and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to perfect competition, we start by looking at the characteristics of perfect competition, ensuring students understand that this is not a realistic structure but a foundation to understand market structures. We then look at illustrating perfect competition in the short-run (with supernormal profits) and in the long-run (normal profits). Pros and cons are discussed and we finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the factors which make a firm globally competitive. We start by looking at the impact of changes in exchange rates and how this can affect the competitiveness of firms even though it is out of their control. We then move onto factors that are more in their contrl such as differentiation and trying to gain low cost competitiveness through economies of scale. A concise case study on China’s toy factories as they manufacture most of the toys in the world, students answer a question on how their competitiveness might affect UK firms in the same industry, and to what extent. Structure guidance and concise model answer to aid in peer assessing. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to the important concept of opportunity cost, we start by looking at what opportunity cost actually means with some examples, we then have a number of scenarios where students might find themselves in, in the near future. Students are presented with two options, they have to make a choice, we discuss the reasons for their choice and any depends factors (all AOs developed). In the last scenario, we look at whether a student should go it alone or open up a business with a friend - students consider the opportunity cost and answer the 10 mark question, structure guidance and a concise model answer provided. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to recent protectionism that has taken place. We start by looking at the purpose of protectionism then look at the recent example of Donald Trump imposing tariffs on China, and then another example of Obama imposing tariffs on Chinese tyres, a concise case study on this with a 4 mark question, structure guidance and a model answer for students to peer assess with. We then go onto the short and long term effects of protectionism with a 10 mark question, answers included. We finish off with a box plenary and a homework research task. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to determinants of wages in competitive and non competitive markets. We start by asking how wages are determined and of course talk about footballers wages as a way to stimulate students into this topic. We look at diagrams including impacts of minimum and maximum wages. Video case studies on current labour market issues such as gender pay gap to stimulate discussion. We look at public sector wages and finish with a box plenary Colourful, concise and engaging slides! Thank you

This 3 lesson bundle covers: 3.6.1 Causes and effects of change 3.6.2 Key factors in change 3.6.3 Scenario planning Filled with real life examples, concise case studies to save time and focus on key skills of knowledge, application, analysis and evaluation. Questions with structured guidance and model answers for self/peer assessments - to save your time and to build their skills at the same time. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you Note: This upload is for the purpose of bundling with the rest of theme 3 (as only 20 uploads in a bundle allowed)

This lesson introduces learners to the important concept of specialisation and divison of labour, we start with a game where students produce a paper aeroplane, with and without specialisation to introduce the concept of efficiency when speciailising. We talk about the roots of this concept from Adam Smith and some real life examples of long supply chains yet the most efficient. After looking at divison of labour and functions of money, students have the opportunity to attempt a specialisation question (on a macro level rather than micro but same concept), structure guidance and a concise model answer is provided before we finish with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to consumer and producer surplus, we start with engaging examples to stimulate learners into the topic, we then look at what it actually is with broken down, step-by-step animated diagrams, to make it easy for students to understand, and for the teacher to deliver. We look at changes that might cause consumer and producer surplus to increase or decrease, as well as discussing society surplus with some consolidation activities. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to ethics - always a good topic to stimulate provoking discussions. We start by looking at what ethics involves, we look at some real thought provoking case studies with Primark and Bangladesh’s factories, Apple and Foxconn’s sweatshops. A 12 mark question with a concise model answer to peer assess with and a debate task acting for and against firms that are unethical. We finish by looking at the effects of firms on the environment. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to marketing in a global context, building on the knowledge from theme 1. We start by looking at three main types of marketing strategies then go on to look at’Glocalisation’, and the best example of this which is Mcdonald’s. A short engaging video on how Mcdonald’s has tailored their foods to countries around the world, followed by a concise case study on the same topic for consolidation. A few activities followed by another concise case study on Mattel and how they launched Barbie in China, but ultimately failed, due to an incorrect marketing strategy. Students attempt a 10 mark exam style question on this, with structure guidance and a model answer provided which can be used for peer asssessment. Finally we look at the Ansoff’s matrix to help decide when risk is involved. Colourful, concise and engaging slides! Thank you

This set of resources includes 1x PPT, 2x word files and can be delivered over a double lesson. Learners build on the knowledge of scarce resources by illustrating combinations of outputs on a PPF curve. We break down the curve with examples for different scenarios such as inefficient and efficient use of resources, students have an opportunity to consolidate this by having a go at drawing the curves. We then go on to look at shifts in the curves and causes of the shifts. A task to calculate opportunity cost before a group presentation task. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to ethics and corporate social responsibility - this is also covered in theme 4, although with some differences such as the focus on pay and rewards. We start by looking at what is involved in ethics, with real examples of a number of unethical actions, for example the Primark factory in Bangladesh which collapsed and killed many workers, or the suicides that were committed in Foxconn in Shezhen due to the horrid working conditions. We look at the advantages of being a socially responsible company before looking at some facts into CEOs pay. A case study on CEOs salaries and bonus makes for an interesting discussion where students can prepare arguments for and against the very high bonus’ CEOs receive. Students can present their findings back in groups, and then answer a 12 mark question on the case study in class or for homework. Structure guidance and a concise model answer provided for students to identify WWW and EBI with their response.A box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces leaners to indirect taxes and subsidies. We look at different types of indirect tax such as specific unit tax and ad valorem before looking at real life examples of these taxes so students can paint a picture of how it works in the UK. Animated step-by-step diagrams to help students with drawing the diagrams in their answers. We look at the sugar tax and students debate for and against the tax before going on to subsidies. For subsidies, we look at examples and diagrams as well before finishing off with a kahoot quiz and box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to organic growth, we start by looking at the problems of rapid growth from the previous lesson before looking at the methods of organic growth and their advantages and disadvantages. We then go on to read a short case study on a ready meal manufacturer based in Bradford, who have grown organincally since 1979. A 10 mark question on this with structure guidance and a concise model answer provided, to help students peer assess against the criteria. This is followed by a research task for students to find a company that has grown organically (link for poundland given if students struggle to find), they then present their findings back to the class - structure for this is provided too. We finish off with a kahoot quiz, the link is included and a box plenary. Colourful, concise and engaging slides! Thank you