Edexcel GCSE Business - Theme 1 - 1.5.4 and 1.5.5 The economy and business
This 3 lesson bundle introduces learners to what the economy is made up of by discussing GDP and strong/weak economies around the world for a good foundation. We look at the business cycle and break down what happens at each stage, students have plenty of assessment opportunities to consolidate this knowledge.
The second lesson looks at exchange rates and interst rates and their effects on consumers and businesses, calculation practice included and other activities to consolidate this knowledge.
The final lesso looks at inflation and the effects of it, interesting examples included of the effect of inflation over the last few decades. We finally look at taxes and a range of group
activities such as a class debate on increasing taxes.
Colourful, concise and engaging slides!