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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.
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

(1)
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.
Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet
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Economies of Scale - Whole Lesson - GCSE Business Studies - PPT, Starter & Worksheet

(1)
This detailed lesson helps introduce 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). This will get students thinking about mass production. 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 introduces diseconomies of scale. There are a number of relevant video clips to help give some great examples. A great lesson which would be perfect for GCSE Business Studies.
Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet
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Production Methods - Job, Batch & Flow Production - Operations - Group Task & Worksheet

(1)
A great lesson on the three production methods; job, batch and flow. The lesson includes all the key theory of the three production methods (including examples and pros and cons) which leads up nicely to a fun group task. Students are split into there teams (job, batch and flow) and have to create as many paper cars as possible. Each group has slightly different rules. The game illustrate the pros and cons of each production method. I have also included a simple worksheet on the production methods. There is also a nice traffic light plenary quiz at the end of the lesson. Perfect for teaching the Operations topic in GCSE Business Studies. This lesson may also be useful for Design Technology lessons.
Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS
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Lean Production, Kaizen, JIT & Productivity - Operations - Business Studies - GCSE & AS - PPT & WS

(1)
A bumper lesson that covers some key areas of business operations. The lesson looks at lean production, kaizen, Just in Time (JIT) and general productivity in a firm. There are relevant examples throughout and clear theory. The lesson leads to a 9 mark exam style question. I have also included a nice multiple choice quiz which would be perfect for a starter activity. The lesson is aimed at operations topic for GCSE Business Studies, but could easily be adapted for AS Level Business Studies.
Government Objectives & Conflicts of Macro Objectives (Including Phillips Curve)
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Government Objectives & Conflicts of Macro Objectives (Including Phillips Curve)

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Students will understand the key economic theory of government objectives and the conflicts of these objectives including the Phillips Curve. The lesson covers the five main economic objective and their clashes such as economic growth and inflation. The lesson also covers the short-run and long-run Phillips curve. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.
Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers
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Integration - Business Growth - Horizontal, Vertical & Lateral Intergration - Mergers & Takeovers

(2)
This lesson looks at business growth and focuses on business growth and integration. The starter activity re-caps on the three industrial sectors and the difference between internal and external growth. The PPT then looks at the pros and cons of mergers and takeovers. The biggest section of the PPT is the look at integration. There are clear examples of vertical, horizontal and conglomerate / diversification / lateral integration. There are many tasks throughout and two very detailed worksheets to help with the theory. This lesson could easily be used for A-Level Business Studies and also used for Economics. Perfect for teaching the Growing as a Business topic in GCSE Business Studies.
GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR
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GCSE Economics Revision Packs: The UK Economy & Globalisation - Exam Style Questions & Revision OCR

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Every year OCR GCSE Economics release a stimulus material that will be used in the The UK Economy & Globalisation exam (50% of final grade). Over the last three years I have dissected the stimulus material and added my own theory behind the evidence, quotes, graphs and figures. I then include exam style questions that may be asked to help prepare students for their upcoming exam. I have included 12 key revision packs that cover the key topics from last three years (2014, 2015 and 2016). To help students prepare for the 2017 stimulus material and exam these resources may prove to be very useful. They also cover key theory from the unit so may be useful as outright lessons. Some of my packs include student copies - these are slimmed down versions of the main revision packs. Each pack includes a screenshot of the key figures from the stimulus material, keywords and theory and exam style questions. Please see below for a full list of each pack: Pack 1: Balance of Payments Pack 2: Imports & Exports Pack 3: Exchange Rates Pack 4: Competitiveness Pack 5: Poverty Pack 6: Problems of Trade Pack 7: The Eurozone Crisis Pack 8: GDP Pack 9: Economic Growth Pack 10: Poverty & External Debt Pack 11: The EU & Eurozone Pack 12: Exchange Rates This bumper revision pack is aimed at OCR Economics and the The UK Economy & Globalisation exam but they may prove useful for other GCSE exam boards and even A-Level Economics.
The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples
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The Balance of Payments & the Current Account - GCSE Economics - PPT, Tasks & Examples

(1)
A bumper lesson on the balance of payments. The lesson aims to explain what the balance of payments is, how it is calculated and what the current account is. The lesson also looks at imports and exports and how they are used in the balance of payments. The lesson includes numerous tasks throughout and looks at ways the UK can aim to improve it balance of payment and try to get its current account into a surplus. I have also included a nice revision aid on the topic which includes exam style questions and other tasks. Perfect lesson for GCSE Economics which could also be used / altered for A-Level Economics.
The National Minimum Wage & Mobility of Labour - Economics - Labour Markets - GCSE
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The National Minimum Wage & Mobility of Labour - Economics - Labour Markets - GCSE

(0)
A detailed lesson on the National Minimum Wage and the mobility of labour. This lesson continues with the labour markets and covers two important topics. The lesson starts with key theory on the National Minimum Wage, the PPT looks at the pros and cons of the NMW and introduces the National Living Wage. The lesson includes the latest minimum wage figures and can help bring up a great discussion with your class on how income is distributed across the UK. The lesson then continues by looking at how mobility of labour and the immobility of labour can have a huge impact on the labour market. The lesson looks at both geographical and occupational mobility and immobility of labour. The lesson finishes with numerous questions on the topics covered in the PPT. This lesson is perfect for GCSE Economics and could easily be adapted for A-Level standard.
A-Level Economics: Poverty & Inequality of Income Bundle
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A-Level Economics: Poverty & Inequality of Income Bundle

4 Resources
This bundle includes all four lessons that cover the poverty and inequality of income topics in microeconomics. Each lesson includes all key theory and numerous tasks. Lessons included: 1. Absolute & Relative Poverty & The Main Causes of Poverty in the UK 2. How Poverty & Inequality is Measured - The Lorenz Curve & Gini Coefficient 3. Income & Wealth - Inequality, Distribution of Income & Poverty 4. Poverty & Distribution of Income - The Earnings & Poverty Trap - Equity & Equality
Price Stability & Inflation
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Price Stability & Inflation

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Students will understand the key economic theory of inflation and price stability. Students will learn about purchasing power, basket of goods and the consumer price index. Students will also reflect on the difference between nominal and real values and how this links to inflation. The lesson includes tasks, examples and videos. The lesson also includes a nice worksheet to help consolidate learning.
Poverty & The Unequal Distribution of Income & Wealth
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Poverty & The Unequal Distribution of Income & Wealth

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This detailed and engaging lesson covers the key theory behind poverty and how income and wealth is distributed. This includes the different forms of poverty and the impact this can have on an economy. The lesson also looks at pay day loans and how they had a big impact on society – leading to a high mark exam question. The lesson includes many tasks, worksheets, videos and activities throughout. The lesson also includes a nice group work activity to help consolidate the key theory.
Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets
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Income Statements - Profit & Loss Accounts - Finance - Business Studies - PPT, Starter & Worksheets

(0)
A real bumper lesson on teaching income statements / profit and loss accounts. The lesson starts with looking at how an income statement is constructed what each section means (with relevant examples). The lesson the looks at how to calculate and complete income statements. The lesson has a great finance starter activity - a 10 question multiple choice quiz. I have also attached a lot of profit and loss worksheets, where students need to complete various financial documents. This lesson could potentially expand across two lessons as there are so many detailed resources, Perfect for teaching a tricky topic. This lesson could be used for both GCSE and A-Level Business Studies.
Economic & Firms / Business Costs - Different Types of Costs of a Firm - Microeconomics
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Economic & Firms / Business Costs - Different Types of Costs of a Firm - Microeconomics

(0)
A detailed lesson (61 slides) looking at the various costs of a firm. The lessons has clear theory, examples and tasks (many calculation and graph based questions) for the following costs: Fixed costs Variable costs Marginal costs Average costs Total costs Sunk costs Short-run costs The lesson is perfect for Microeconomics and A-Level Economics. The lesson also includes a student version of the lesson which is streamlined and works alongside the PPT.
Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative
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Economic Efficiencies - Technical, Productive, X-Efficiency, Dynamic & Allocative

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This high quality lesson looks at the five main economic efficiencies as listed below: Technical efficiency Productive efficiency X-Efficiency Allocative efficiency Dynamic efficiency Each type of efficiency is clearly explained and uses relevant examples and diagrams. I have included various tasks throughout the lesson as listed below: Starter - Mini Whiteboard Task Economic Efficiency Consolidation Quiz Peer work: Exam Question Analysis Plenary Post-it Notes – Key Economic Efficiency Tips The teacher PPT is 34 slides and will help deliver a top quality lesson. I have also included a streamlined student copy of the PPT and a efficiency test. This lesson is perfect for A-Level Economics.
Government Intervention in the Economy - Ways to Correct Market Failure - A-Level Economics
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Government Intervention in the Economy - Ways to Correct Market Failure - A-Level Economics

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This detailed lesson looks at government intervention in the economy. The lesson includes lots of detailed theory, examples, videos, diagrams and tasks. The lesson looks at: * Pro-Free Market Economists VS Interventionist Economists * The main reasons for government intervention * Ways to correct market failure * The forms of government intervention Lesson Aim: Students will understand what government intervention is and how it can help / hinder an economy. I have included a student copy of the lesson to work alongside the main PPT. I have included exam style questions and videos to help teach a tricky topic. A perfect lesson for A-Level Economics.
Operations - Operational Efficiency - Improve Productivity - Business Studies - PPT & Worksheet
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Operations - Operational Efficiency - Improve Productivity - Business Studies - PPT & Worksheet

(0)
A nice lesson to teach operational efficiency. The lesson covers ways to improve a businesses operations. It looks at how lowering costs can impact quality. There are numerous tasks throughout the PPT and relevant examples. The tasks include worksheets on calculating labour and capital productivity. There is also a nice You Say We Pay group task. The lesson includes a nice worksheet on the operations topic for GCSE Business Studies.
Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets
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Balance Sheets - Finance - Business Studies - PPT, Tasks, Starter Activity & Worksheets

(0)
A great lesson that covers balance sheets. The PPT covers the theory behind balance sheets and how they are constructed. There are numerous examples to help explain how a balance sheet needs to ‘balance’. I have included numerous balance sheet tasks and worksheets to help students fully grasp this tricky topic. I have also included a nice quiz on finance, perfect for a lesson starter. The detailed worksheets and activities will easily stretch across 2 lessons. Perfect for GCSE and A-Level Business Studies.
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.
The Role of Money & Evaluating the Importance of the Financial Sector
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The Role of Money & Evaluating the Importance of the Financial Sector

(0)
Students will understand the key economic theory of the financial market. Students will learn what money is, how it is a medium of exchange and the difference between debit and credit cards. Students will also reflect on the how the financial system works, with central banks and commercial banks. The lesson concludes by evaluating the importance of the financial market and how it impacts consumers. The lesson includes tasks, examples and videos.