Lesson plans
Equilibrium in macroeconomics (neo-classical perspective)
While there is general consensus among economists concerning the shape of the aggregate demand curve as well as the short run aggregate supply curve, economists tend to disagree over the shape of the...
Activities
Components of aggregate demand
This page contains the student activities for the teacher page: Components of aggregate demand Aggregate demand - the total spending in an economy consisting of consumption, investment, government expenditure...
Lesson plans
Components of aggregate demand
This section looks at the components of aggregate demand and how changes in one or more of the components - C, G, I or (X-M) will change the level of aggregate demand. The page containing the student...
.jpg)
Activities
Aggregate demand and supply
Lesson time: 70 minutes This page contains the student access activities for the teacher page: Components of aggregate demand Aggregate demand - the total spending in an economy consisting of consumption,...
Lesson plans
Aggregate demand and supply
This page introduces the concept of aggregate demand and aggregate supply and your students will need to understand that the AD of an economy is the sum of the collective individual demand curves. You...
Lesson plans
The business cycle
This page introduces the concept of the business cycle which you will focus on during the coming weeks. I have placed this topic in unit 3.1 but it could easily be completed as part of the section on...
Activities
Game theory (HL only)
This page contains the student activities for the teacher page: Game theory (HL only) Divide the class into pairs and ensure that they cannot speak to each other or communicate in any other way, for...
Lesson plans
Game theory (HL only) Free
This lesson focuses on game theory, which many of your students will know from the film 'a beautiful mind' starring Russell Crowe as John Nash. In the film John Nash created the economic concept known...
Lesson plans
Monopolistic competition (HL only)
This lesson focuses on monopolistic competition. Your classes may have been unable to provide an example of a pure perfectly competitive market but will be able to provide several examples of industries...
.jpg)
Activities
Monopoly (HL only)
This page contains the student activities for the teacher page: Monopoly (HL only) Take a look at the following video and then answer the following questions: 1. Identify examples of monopolies within...