economic terms

Lesson plans

fake dictionary definition of the word monopoly

Vocabulary: economic terms (market share, market power, economies of scale, economic barriers to entry)
Vocabulary: competition (competitive advantage, stifle/hamper competition, to corner the market)
Reading: anti-competitive behaviour (price-fixing, predatory pricing, exclusive dealing)

6:04

a tax form with a calculator and a pencil

Vocabulary: taxes (income tax, file a tax return, tax deductions, taxable income)
Reading: the tax systems in the UK and the US
Video: How tax brackets actually work

2:47

Inflation concept - Different piles of coins arranged on wooden cubes with the inscription inflation

Vocabulary: economic terms (purchasing power, economic growth, youth unemployment)
Video: Inflation and young people
Speaking: how inflation affects you, ways to spend less

2:14

Idiom and phrasal verb boosters