Essential Economics in Year 1: Teaching Resource… | tutor2u Economics
CPD Course Resource Packs

Essential Economics in Year 1: Teaching Resource Pack

  • Levels: AS, A Level
  • Exam boards: AQA, Edexcel, OCR, Eduqas, WJEC

This resource comprises the 70+ digital teaching & learning resources provided to delegates attending the Essential Economics in Year 1 CPD course run by tutor2u.

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Essential Economics in Year 1: Teaching Resource Pack

  • SKU: 02-4015-10811-01
  • Instant Download

  • £100.00 (+VAT)

PLEASE NOTE: THESE INDIVIDUAL TOPIC TEACHING RESOURCES ARE DRAWN FROM THE VAULT OF TRIED AND TESTED RESOURCES DEVELOPED BY TUTOR2U ECONOMICS CONTRIBUTORS.

SOME OF THESE RESOURCES ARE AVAILABLE FOR SALE SEPARATELY AND/OR HAVE BEEN INCLUDED IN OTHER CPD RESOURCE PACKS FOR SPECIFIC COURSES

SOME ARE AVAILABLE FOR FREE DOWNLOAD ELSEWHERE IN THE TUTOR2U STORE

The individual teaching resources included in this pack are:

YEAR 1 MICRO: HOW MARKETS WORK

  • Swipe It! Positive and Normative statements
  • Decisions Decisions! Trade-offs
  • Opportunity Island. Decision making / trade-offs / PPFs
  • Special Cars. Division of Labour
  • Survival Game / The Island. Division of Labour
  • Comparative advantage with Annie and Bertie. Specialisation and comparative advantage
  • Could I be an Elephant? Functions of Money
  • The Liquidity Spectrum. Types of money
  • The Living Free Market. Economic Systems
  • The Economy Spectrum. Economic Systems applied to different economies
  • Kit Kat Auction, Law of Demand
  • Demand Street, factors affecting demand
  • XED Picture Matching, cross elasticity of demand
  • Elasticities Apprentice, revision of elasticities
  • Job Interview, revision of elasticities
  • Market Equilibrium worksheet and Market Diagram worksheet, price determination
  • Interaction between Markets, inter-related markets
  • VAT matching, indirect taxes
  • Behavioural Economics thought experiments, irrationality

YEAR 1 MICRO: MARKET FAILURE AND GOVERNMENT INTERVENTION

  • Externalities Mystery, consider new building projects from the point of view of different stakeholders
  • Externalities Experiment, interactive simulation looking at externalities
  • RedSands, interactive simulation on cost-benefit analysis
  • The Big Congestion Picture, creative discussion exercise exploring the externalities associated with congestion
  • Public Goods Worksheet and discussion exercise
  • What Went Wrong? Application of types of government failure
  • Control the Child, consider interventions and their relative merits using a more familiar context
  • Obesity Colour Chaos Essay, support the teaching of assessment objectives at the same time as considering government interventions to correct market failure
  • Cause poster, a useful mnemonic for teaching government failure
  • Play Nicely, move beyond the standard solutions to market failure and deploy some behavioural economics ideas
  • Spot the Market Failure poster discussion

YEAR 1 MACRO: MEASURING THE ECONOMY

  • Kinesthetic circular flow, team practical activity to develop an understanding of the macroeconomy
  • Mean and Median cards, supporting essential quantitative skills
  • The Better Life Index, combine weighted indices and an understanding of development measures
  • Economic cycle in pictures, discussion activity to help students develop application skills
  • What does Economic Growth look like? Creative activity to make connections between macro topics
  • Aggregate demand theory buster worksheet true/false, knowledge testing
  • AD and AS diagrams, practice essential macro diagrams
  • Aggregate demand cubes, revision activity on factors affecting AD
  • Index numbers PowerPoint activity, essential quantitative skills practice
  • Keynesian v Classical Thinking, introduction to a key debate in macro models
  • AD/AS investigators, application of the AD/AS framework to real-world examples
  • The Six Stages of Sid (helps with understanding people’s decisions to work for certain wage rates)
  • What does unemployment look like?, creative activity to make connection between macro topics
  • Flexible Flexibilities, factors that determine labour market flexibility
  • Unemployment Types, categorise the different types of unemployment
  • Minister for unemployment, assess policies for tackling different types of unemployment
  • Penalty Shoot Out / Higher Lower for inflation weights, PowerPoint activities
  • Back to Back Phillips Curve, practice accurate diagrams and effective communication
  • The Bigger Picture, revision and making connections between trade-related topics
  • Balance of Payments, kinaesthetic calculation activity
  • The International Trade Game, a full lesson team-game simulation of factors affecting trade
  • Think Global, PowerPoint based game encouraging students to think about international trade decisions
  • Curing a Current Account Deficit, discussion and card-sort activity

YEAR 1 MACRO: MACROECONOMIC POLICY

  • VAT matching
  • Strong bonds
  • Team Bonding
  • Fiscal Budget Time
  • How Times Change
  • The Government Game
  • Meet the MPC
  • Base Rate Dilemma
  • Quantitative easing
  • Supply side policies
  • Labour Markets Quantitative Skills booklet
  • Power of the Trade Union
  • Skills Superheroes
  • Flexible Flexibilities
  • Value of a Job to Our Society
  • The Inequality Pyramid
  • Citizens Advice Bureau
  • Labour Market Issues

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