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Economies and diseconomies of scale can be real head-scratchers for students. To help them untangle these tricky concepts, a well-structured worksheet can really help to organise thinking. Memory Aids Economies of Scale (E.O.S)- Paul Makes Fiona The Rice Diseconomies of Scale: 3Cs and a T BizEconHub

Imagine the Earth as a crowded bus. At first, there were only a few passengers, but now it’s packed to the gills! That’s kind of like what’s happening with our planet’s population. In this 27 slide lesson we will learn about the ups and downs of people growth, like the natural rate of increase (think of it as the bus driver’s foot on the gas pedal) and the dependency ratio (the ratio of kids and old folks to working-age people). We’ll also talk about net migration (people getting on or off the bus) and the optimal population (the perfect number of people for a place). And since we’ve recently hit 8 billion passengers, we’ll ponder what the future holds: Will the bus get even more cramped, or can we find a way to make everyone comfortable? Business Economics Playground

This 29-slide lesson is your secret decoder ring to the world of economics. Uncover the mystery of scarcity, dive deep into needs versus wants, and meet the famous CELL gang (you’ll thank me later!). Building on what you already know, this presentation is your guide to cracking the economic code and understanding why choices matter. Business Economics Playground

"All materials not originally created by Michelle O Looney are used with permission or under fair use guidelines.¨ Action-packed lessons: Forget dry lectures, these engaging activities (think props, games, and even a space adventure!) will have students clamoring for more. Catchy titles: Each lesson boasts a title that sparks curiosity and sets the tone for the learning journey. Crystal-clear learning objectives: Students know exactly what they’ll achieve by the end of each session. Engagement for all: This resource caters to different learning styles, ensuring no student gets left behind. The best part? You don’t need to scour the internet for hours. This comprehensive scheme of work has it all, meticulously researched and ready to use. Business Economics Playground

This 24-slide adventure takes you through the world of economic building blocks! Watch a cool video, meet the CELL (yes, that’s right, CELL!) of economic factors, and discover how they move and groove in the economy. Get ready to think critically and become a factor pro! Business Economics Playground

This effective 15-slide resource brings the Production Possibility Curve (PPC) to life. With clear explanations and a fun fan and plane activity, students will grasp the concept effortlessly. The resource includes key definitions, a handy Q2CELL memory aid for shifters of the PPC. Business Economics Playground

"All materials not originally created by Michelle O Looney are used with permission or under fair use guidelines.¨ Action-packed lessons: Forget dry lectures, these engaging activities (think props, games, and even a space adventure!) will have students clamoring for more. Catchy titles: Each lesson boasts a title that sparks curiosity and sets the tone for the learning journey. Crystal-clear learning objectives: Students know exactly what they’ll achieve by the end of each session. Engagement for all: This resource caters to different learning styles, ensuring no student gets left behind. The best part? You don’t need to scour the internet for hours. This comprehensive scheme of work has it all, meticulously researched and ready to use. Business Economics Playground

This 25-slide presentation delves into the fascinating world of resource allocation in a market economy. Building on the foundation of previous lessons it focuses on the price mechanism as the driving force behind resource distribution. With clear learning objectives and a helpful (ARSI) memory aid, students will gain a deep understanding of how prices influence production, consumption, and resource allocation. Engaging lesson and opportunities to challenge their thinking ensure a dynamic and informative learning experience. I have also included another economic system activity if you choose to use it. Business Economics Playground

Supply Stretch is a dynamic 17-slide presentation that delves into the world of price elasticity of supply. This resource equips students with the knowledge to understand how responsive producers are to price changes. With a handy PSSST memory aid to master the factors affecting PES students will become supply elasticity experts in no time. Business Economics Playground

This resource is a market failure party! It’s got everything to make learning fun: a slide show (29 slides) packed with info, engaging activities like turning into art critics and solving public good puzzles, and even a memory trick to remember all the market failure drama. Get ready to dive into the crazy world of economics! Clear learning objectives A lot of opportunities for elicitation Optional starter activity also. Hope you enjoy. Business Economics Playground

This resource is a demand-packed powerhouse! It’s got everything you need to turn your students into demand experts. From auctioning chocolate bars to dancing through demand shifters, this 43-slide presentation is a fun and easy way to master demand curves and their movers and shakers. Plus, a handy handout keeps students on track. Get ready to watch demand soar in your classroom! Business Economics Playground

This dynamic 28-slide lesson dives deep into the world of price elasticity of demand. Starting with a fun review of demand and supply, it guides students through the concept of PED, using a catchy memory aid to crack the formula (Queue before you Pay)and to to remember the factors determining PED (SPLAT!) Interactive elements and a practice exam question ensure students master the bend and flex of demand curves. Get ready to make PED perfectly clear! A worksheet is also included. Business Economics Playground

Supply Spectacular! This 33-slide lesson is all about how much stuff businesses are willing to make. Building on your demand knowledge, you’ll explore the law of supply, see how things like costs and technology can shift the supply curve (remember that handy TWICS acronym!), and even get a taste of real-world economics with some cool reading material. Get ready to become a supply side superstar! I have also thrown in a starter retrieval activity. Business Economics Playground

This Unit 6 resource on International Trade and Globalisation for IGCSE Economics (0455) offers a comprehensive and engaging approach to teaching the topic. It includes detailed, visually rich lesson slides that cover key concepts such as international specialisation, globalisation, free trade and protectionism, exchange rates, and the balance of payments. The unit integrates hyperlinks to past paper questions and exam practice resources, facilitating targeted revision. Interactive elements like hands-on activities, case studies, and multimedia content—including videos and infographics—are incorporated to enhance student understanding and engagement. This well-structured unit is designed to cater to diverse learning styles, ensuring students grasp complex economic concepts and are well-prepared for their examinations. Enjoy The Business and Economics Playground

This comprehensive 28-slide Cambridge IGCSE Economics lesson on Free Trade and Multinationals offers students a clear, step-by-step exploration of global economic concepts. Through interactive activities like the trading game, learners experience firsthand the benefits of trade, grasping the principles of absolute and comparative advantage in an engaging manner. The lesson is enriched with vivid visuals and concise notes, facilitating a deeper understanding of how multinational corporations operate across borders and their impacts on both home and host countries. To stimulate critical thinking, students are challenged to discuss the role of the World Trade Organization (WTO) in regulating international trade, encouraging them to consider the complexities of globalization and trade policies. Enjoy The Business and Economics Playground

This 40-slide lesson offers an in-depth exploration of the current account within the balance of payments framework. It begins by defining the balance of payments and delving into the components of the current account: trade in goods, trade in services, primary income, and secondary income. The lesson provides clear explanations and visual aids to illustrate these concepts effectively. Key topics include the causes and consequences of current account surpluses and deficits, with a particular focus on the UK’s current account. The lesson examines factors leading to these imbalances and discusses their implications on the economy. Interactive elements are integrated throughout the lesson, such as hyperlinks to relevant Section A past papers, a game idea to reinforce learning, and a true/false quiz to assess understanding. These features aim to engage students and facilitate a comprehensive grasp of the subject matter. Overall, this lesson serves as a valuable resource for students seeking to understand the intricacies of the current account and its role in the broader economic context. Enjoy The Business and Economics Playground

This IGCSE Cambridge Economics lesson focuses on Protectionism and trade barriers. A 40 slide lesson which aims to engage learners through storytelling and relevant, updated examples, including discussions involving US presidents. The lesson incorporates a Bamboozle quiz to check understanding and uses exam-style questions marked with a target icon for student practice. It is designed to challenge students and ensure they grasp the core concepts of Protectionism. Everything a teacher needs to deliver an effective, fun and engaging lesson. Enjoy The Business and Economics Playground

This 36 slide lesson introduces students to key business concepts including productivity, costs, revenue, and break-even analysis. It features an engaging hands-on activity using a tube of Pringles to illustrate variable and fixed costs, supported by clear visuals and interactive cost calculation exercises. The lesson also includes an engaging video to reinforce costs, hyperlinks to relevant exam-style questions, helping students apply their knowledge in a practical context and interactive step by step guidance on break-even. Enjoy The Business and Economics Playground

This comprehensive 75-slide lesson on firms covers sectors, growth (good and bad!), and economies/diseconomies of scale with slick visuals, learning aids, and links to videos, games, and exam-style questions (look for the target!). It’s designed to challenge both teachers and students, turning the potentially dry topic of businesses into an engaging and genuinely understandable adventure. Get ready to level up your firm knowledge – no boring bits allowed! The Biz and Econ Playground

This unit of work resource offers an in-depth and engaging approach to teaching the topic of Firms in the IGCSE Economics (0455) syllabus. It encompasses detailed, visually rich lesson slides that cover key concepts such as the classification of firms, economies and diseconomies of scale, production processes, and the calculation of costs and revenue. The unit integrates hyperlinks to past paper questions and exam practice resources, facilitating targeted revision. Interactive elements like hands-on activities, case studies, and multimedia content—including videos are incorporated to enhance student understanding and engagement. This well-structured unit is designed to cater to diverse learning styles, ensuring students grasp complex economic concepts and are well-prepared for their examinations. The Business and Economics Playground