51ºÚÁÏ

At the end the lesson, Students should be able: to; Identify and explain the purpose and nature of business activity Explain concepts of needs, wants, scarcity and opportunity cost.• Importance of specialisation. • Purpose of business activity• The concept of adding value and how added value can be increased. Class Activities with Answers

Identify and explain the monetary policy measures changes in interest rates, money supply and foreign exchange rates. I dentify and explain the effects of monetary policy How monetary policy measures may enable the government to achieve its macroeconomic aims. D efine supply side policy I dentify and explain supply side policy measures Examples include education and training, labour market reforms, lower direct taxes, deregulation, improving incentives to work and invest, and privatisation. I dentify and explain the effects of supply side policy measures How supply side policy measures may enable the government to achieve its macroeconomic aims. ‘Class Activities’ with Answers.’

Goods and Services: Meaning and Classification of Goods and Services This resource is prepared for KS3 Bussiness Studies. It explains Goods and Services: Meaning and Classification of Goods and Services Difference between Goods and Services, categorisation of goods and services. It shows the difference between tangible and non- tangible goods, Durable Goods Non- Durable Goods Tangible Good Non Tangible Goods Contains Class Activity.

At the end of the lesson, students should be able to: The Structure - components of the current account of the balance of payments – trade in goods, trade in services, primary income and secondary income. Calculation of deficits and surpluses on the current account of the balance of payments and its component sections. Causes of current account deficit and surplus - Reasons for deficits and surpluses. Consequences of current account deficit and surplus Impact on GDP, employment, inflation and foreign exchange rate. Policies to achieve balance of payments stability - The range of policies available to achieve balance of payments stability and how effective they might be.Class Activities provided with Answers

At the end of the lesson, students should be able to:Identify and explain causes of price changes - Changing market conditions as causes of price changes. Identify and explain consequences of price changes - Demand and supply diagrams to be used to illustrate these changes in market conditions and their consequences for equilibrium price and sales. ‘Class Activities’ and Solutions

At the end of the lesson, students should be able to: Define foreign exchange rate - Floating and fixed systems. Determine foreign exchange rate in exchange market - by the demand for and supply of a currency in the exchange market and determine the equilibrium foreign exchange rate. Causes of exchange rate fluctuations - including changes in demand for exports and imports, changes in the rate of interest, speculation, and the entry or departure of MNCs. Consequences of exchange rate fluctuations - effects of exchange rate fluctuations on export and import prices and spending on imports and exports via the PED. Floating and fixed foreign exchange rates - the difference between, and the advantages and disadvantages of, a floating exchange rate and a fixed foreign exchange rate system. ‘Class Activities with Answers.’

At the end of the lesson, students should be able toDefine globalization. Identify the role of multinational companies MNCs and the costs and benefits to their host and home countries. Identify and explain the benefits of free trade - the benefits for consumers, producers and the economy in a variety of countries. Methods of protection - tariffs, import quotas, subsidies and embargoes. Reasons for protection - Including infant industry, declining industry, strategic industry and avoidance of dumping. Consequences of protection - Effectiveness of protection and its impact on the home country and its trading partners. ‘Debate topic.’ ‘Class Activities’ with ‘Answers.’

At the end of the lesson, students should be able to: Define inflation and deflation. - Measure inflation and deflation using the Retail Prices Index (RPI). Explain - causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side. Consequences of inflation and deflation - for consumers, workers, savers, lenders, firms and the economy as a whole. Range of policies to control inflation and deflation and how effective they might be. ‘Class Activities’ & ‘Multiple Choice Questions’ with Answers.

At the end of the lesson students should be able:Identify and explain the factors that affect population growth - Birth rate, death rate, net migration, immigration and emigration. Identify and explain the reasons for different rates of population growth in different countries - How and why birth rates, death rates and net migration vary between countries. The effects of changes in the size and structure of population on different countries - The concept of an optimum population. The effects of increases and decreases in population size and changes in the age and gender distribution of population. Note: Interpretation of a population pyramid is required. Drawing is not.‘Class Activity - debate / points.’ ‘Multiple Choice Questions / Answers.’

This resource explains what inflation and deflation means. It describes how to measure inflation and deflation, types of inflation and how to measure. It explains how to measure RPI and CPI. It explains the causes of inflation, presents graphic illustrations and diagrams, graphs and others to make it easy to understand. Contains interactive questions and answers. Prepared for IGCSE Economics.

The resource is made for Economics and Sociology. The resource explains the concept of globalization.It explains the origin and its effect on society , economy and the positive and negative changes it brings. The resource explains the difficulty / challenges encountered in the global system and how it transforms the society.It explains how the concept affects politics and culture, and communication as the driving force of globalization and more.

This resource explains the meaning of Monetary policy in Economics. The resource is prepared for IGCSE Economics and Business Studies . It contains illustrations and interactive questions. It explains Monetary supply measures and uses of monetary measures.etc.

This resource explains what monopoly means. The resource also uses examples to describe how monopoly is created in Economics. The resource is prepared for Economics students. It uses illustrations to explain the topic. It explains the advantage and disadvantage of monopoly, the characteristics and what constitute Perfect Market.

This resource explains Specialization in Economics. It shows the importance of specialization and the advantages , disadvantages . Contains interactive questions.

This resource explains the meaning of Trade Unions and the methods they use. It explains the roles of trade unions and their advantages, disadvantages in government activities.

This resource explains different choices, decisions and factors that determines business locations.It explains various factors that that are considered in the localization of manufacturing industry. Prepared for Business Studies IGCSE. Contains case study on business location. It also looks at international factors/ reasons that are considered in overseas business location.

This resource is prepared for teachers foe Economics Lesson on Firm’s Plan and Revenue Objectives. Contains Lesson Objectives and step by step methods of lesson delivery.

This resource is prepared for Economics . It is a Power Point resource on Fiscal Policy. It covers different areas such as budget, national debt, taxation, types and categories of taxation. government spending and national debt , as well as public sector finance.It contains illustrations and interactive questions and tests, for effective teaching and learning

This is a lesson plan on monetary policy. It is a word document on the lesson plan and contains stage by stage procedures on monetary policy.

The resource is is on Economics. It s prepared for the topic on Supply Side Policy. Contains step by step procedures on teaching the topic.