6.1 Economic Issues

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6.1 Economic Issues: Cambridge IGCSE Business 0264 lesson

6.1 Economic Issues is one of the 4 lessons in Unit 6 External Influences on Business Activity of Cambridge IGCSE Business 0264, for first examination in 2027. It is an editable PowerPoint of 26 slides written against syllabus sections 6.1.1 and 6.1.2, with 2 embedded video case studies, 2 learning checks and an exit ticket. Also suitable for Cambridge IGCSE (9-1) Business 0774 and Cambridge O Level Business 7081, which share the same content.

The four stages of the business cycle, then employment, inflation and growth, then taxes, government spending and interest rates and how a business responds to each. Two video case studies: one where students identify which stage of the cycle an economy is in, and one on a change announced by the Nigerian government and what it means for businesses there. An application task closes the lesson.

Slide from lesson 6.1 of Cambridge IGCSE Business 0264: Economic Issues

Learning objectives

Taken from the objectives slide of the lesson, which follows the syllabus wording.

6.1.1 Business cycle

  • main stages of the business cycle: growth, boom, recession, slump
  • how each stage of the business cycle may affect a business
  • effects of changes in the levels of employment, inflation and economic growth on a business

6.1.2 Effects of government policy

  • effects of changes in taxes on business profit
  • effects of changes in taxes on people's income
  • effects of changes in government spending
  • effects of changes in interest rates
  • how businesses may respond to changes in taxes and interest rates

What is in the lesson

The running order below is the deck as sold. Every lesson in the course follows the same shape: learning objectives, content slides with the real business examples, a learning check after each section, a case study with questions, key takeaways and an exit ticket. A teacher answer key (PDF), with model answers to every learning check, case question and exit ticket, is included when you buy the unit or the complete course.

Slide by slide (26 slides)
  1. Title slide
  2. Learning Objectives
  3. Learning Objectives
  4. The Business Cycle
  5. Stages of the Business Cycle
  6. Growth Stage
  7. Boom Stage
  8. Recession Stage
  9. Slump Stage
  10. Learning Check
  11. Case Study Which stage of the business cycle is the economy in? (video)
  12. Employment Levels
  13. Impact of Inflation
  14. Economic Growth
  15. Taxes and Business Profit
  16. Taxes and People's Income
  17. Learning Check
  18. Government Spending
  19. How Interest Rates Are Set
  20. Impact of Interest Rate Changes
  21. Responding to Tax Changes
  22. Responding to Interest Rate Changes
  23. Case Study What change did the Nigerian government announce, and how was it expected to… (video)
  24. Application Task
  25. Key Takeaways
  26. Exit Ticket

Where it fits

Week 36 of the 0264 scheme of work and pacing guide, which gives the course 46 weeks with a mock in week 41. Previous lesson: 5.5 Analysis of Accounts. Next lesson: 6.2 Business and the International Economy. All 28 lessons: Cambridge IGCSE Business 0264.

How to buy

The lesson on its own: 6.1 Economic Issues on TES. The unit: Unit 6 External Influences on Business Activity. The whole course in one download: 0264 Complete Bundle. Lesson 1.1 is free with its answer key if you want to see the format first.