51ºÚÁÏ

This lesson introduces learners to the determination of prices. The starter introduces learners to the equilibrium point through a plotted graph which they draw, from this we introduce the concepts of excess demand and excess supply, with step by step animated examples for students to easily understand the concept. Some consolidation activities before we look at the price mechanism and the invisible hand and the three functions. Two links to kahoot quizzes and 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 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 different views of how and why consumers behave the way they do, we are not 100% rational as humans and we look at some engaging examples of why. Some consolidation activities followed by an exam style question on the Help to Buy scheme in property & rental market (where alternative views might be considered). A model answer is provided and marking grid for students to peer assess and make improvements to WWW and EBI. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the variety of interventions that governments use to intervene in markets. We start by recapping indirect taxes and subsidies before looking at examples of minimum and maximum prices - students contextualise this by looking at alcohol minimum prices and tuition fee caps in the UK - a short question with a model answer on this too. We then look at pollution permits, state provision of public goods, provision of information and regulation as other ways governments can interevene in markets. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This set of resources includes 2x PPT, 2x word files and can be delivered over 2-3 lessons. Learners are introduced to employment and unenmployment. We start by learning about the two key measures of unemployment in the UK with activities, two short exam style questions with answers to consolidate before looking at the different types of unemployment that exist. We also look at the difference between unemployed and underemployed. In the second powerpoint, there is a focus on exam technique, we look at the effects of migration and then an essay exam style question on the impact on employment in the UK. We look at costs of unemployment to various parties before playing a kahoot on unemployment and finishing off with a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the final two components of aggregate demand - government expenditure (G) and net trade (exports - imports). We start with a recap on investment before looking at different categories of government spending. We then look at some recent examples of how much government has spent as well as the 2021 budget by Rishi Sunak. Students can see the difference between a budget deficit and the national debt. A short exam style question on the increase in tax allowance with a model answer on the following slide. In the second lesson, we look at net trade and factors which affect the UKs net trade balance. An 8 mark question with a model answer for students to look at for improvements to own answers. We finish with a true and false quiz and a box plenary. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to long-run aggregate supply, we start by looking at the classical and keynes models, with a discussion on spare capacity to understand the keynes version. Step-by-step animated diagrams with explanations so it is easy for students to understand and for the teacher to deliver. We then look at the factors which can shift LRAS. Lots of practice questions with illustrated answers so students know if they are on the right track. In the second part of the lesson, students combine their knowledge on AD and AS, we read a case study on rising house prices and attempt a question on the effects on AD and AS. A model answer is provided and students can peer assess with the marking grid. Two links to kahoot quizzes to finish with. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to one of the components of AD - consumption! We start with a recap of AD before looking at what consumption and disposable income is, we look at examples of where consumption comes from, marginal propensity to consume, save and APC formulas. A calculation task for consolidate the marginal propensity to consume. Some diagram practice before ending with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to investment as part of aggregate demand. We have a recap of consumption before looking at what investment in Economics means, including the difference between gross and net investment. We then look at the influences on investment with examples, a link to a BBC article for context and a set of questions with answers on the following slide. We also look at a case study of when UK business confidence was low - an 8 mark question on this with guidance and a concise model answer. We finish with a box plenary to consolidate. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to aggregate supply, we start by looking at what AS is and why the curve slopes upwards (so students understand the difference between micro and macro supply curve), we go through each factor that can affect the the short run aggregate supply curve before students attempt a consolidation task of drawing shifts in SRAS. We then join AD with AS to illustrate the macroeconomic equilibrium. A set of questions which can affect either AD or SRAS with answers and step by step animated diagrams included. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the concept of the multiplier. We start by provoking thinking on how an injection might end up stimulating AD, we look at examples of how this might look before looking at the formula for the multiplier. Calculation questions with answers are provided, an evaluation to the multiplier is discussed. In the second part of the lesson we look at the alternative way to calculate the multiplier through MPW, a question and answer on this too before playing two kahoot quizzes and a box plenary to end with. Colourful, concise and engaging slides! Thank you

This double lesson introduces learners to the circular flow of income, we start by looking at what this model is and how it is made up. We look at the difference between income and wealth before looking at injections and withdrawals into the circular flow. Animated diagrams of the circular flow to show how money circulates between the parties. A number of consolidation tasks including a 6 mark exam question - all with answers provided. Two links to kahoot quizzes and a box plenary to finish with. Colourful, concise and engaging slides! Thank you

This lesson builds on learners understanding of macroeconomic equilibrium, we look at the word means and how it looks like on a diagram (with both LRAS types). We look at two scenarios, one of England hosting the world cup in 2020 and the other being the latest budget announced by Rishi Sunak in 2021 - students discuss the effects of this on the macroeconomy. A research task and we end with a box plenary. Colourful, concise and engaging slides! Thank you

This lesson introduces learners to output gaps, we start by looking at GDP charts and identifying trends to understand long term trend rate of growth. We then look at positive and negative output gaps in more detail with step by step, animated diagrams for clearer explanations. Finally we look at the difficulties of measuring output gaps. Colourful, concise and engaging slides! Thank you

This lesson builds students understanding of the elements of the trade cycle, we start with a recap on output gaps before looking at the trade cycle, a basic example going onto a real GDP growth graph. We identify the differences between the four stages before watching a video on the impact of the recession created by COVID-19. A link to a kahoot quiz and a box plenary to finish with. Colourful, concise and engaging slides! Thank you