Evaluation points that can be used in unit 2 and unit 4 essay questions. Evaluation points for macroeconomic objectives encompass any question students could be asked. There are also essay plans with evaluation for all three macroeconomic policies. Slides 1 - 8 can be printed and given to students to fill in either individually, in pairs or as a group. Extensive answers can be found slides 9 - 16.

A model answer to the question: Using the data and your economic knowledge, evaluate whether governments such as those in the UK and China should intervene in labour markets to increase trade union membership (25 marks)

A worksheet for information failure, public goods and minimum prices for students to complete.

Macroeconomic objectives revision activity. The resource includes a blank document for students to attempt and a teachers copy with the answers. For each objective there are definitions, measurements, limitations of the measurements, causes, benefits and costs.

A powerpoint presentation with videos, empirical research, website hyperlinks and activity ideas that answer the following questions: 1. How can we measure national happiness? 2. What is the relationship between income and happiness? (can money buy happiness?) These questions are new to the Edexcel A Level Economics specification for 2015.

A handout for A Level students explaining the Marshall Lerner condition and J curve effect. The Marshall Lerner condition includes both a diagrammatic and mathematical example to demonstrate the concept. Words or numbers could be removed to stretch and challenge more adept students.

A group activity for AS Economics that gets students to work together to decide whether each of the goods is excludable, rival, non-excludable and non rival. You can then get the students to discuss how we define each of the categories, private good, public good, quasi public good etc. Can also lead to a discussion on how these categorisations may have changed over time. The resource includes the teacher answers and a paper copy that students can cut and stick with. My students all have laptops so I just gave them the powerpoint without the answers and got them to drag and drop the answers.

Students are market doctors and must diagnose the market failure in question from the free market. They must then prescribe a solution. Market failures addressed include: - Externalities - Public Goods - Information Failure - Unequal Distribution of Income and Wealth Solutions may include: - Taxation - Government provision - Information provision - Regulation - Government Provision - Education and campaigns

A model answer to the AQA Economics Unit 1 Jan 2012 Exam - With the help of an appropriate diagram, explain why merit goods are often under provide. Adapted into a 10 mark question for the new specification

A differentiated oligopoly worksheet applied to the chocolate bar market. Get students to research the chocolate bar market before answering questions. Could be used as an in class worksheet or activity or as a homework project.

A worksheet that gets students to apply their knowledge of perfect competition and efficiency in an essay style format answering a 25 mark question. Also contains teacher notes with answers to the eleven questions.

A debate worksheet for students to analyse which policy would be best in correcting geographical immobility of labour. The policies include: - Help to Buy - HS2 - Relocation of the Civil Service - Job Centre Plus Also there are three additional evaluation points that could be considered.

A worksheet that gets students to apply their knowledge of MRP, elasticity, supply and demand for labour to the market for taxi drivers. Includes a PDF version, word version and my own handwritten answers to the questions

A table that explains the various types of market failures and advantages and disadvantages of the appropriate government interventions. Students can fill in the blank tables and there are handwritten teacher answers to compare.

Six recent-ish news stories that can be used to demonstrate government failure. Students have to explain what type of government failure each story is and why. Also includes a lesson powerpoint on government failure. The answers to the worksheet are as follows: 1. Information failure 2. Unintended consequences 3. Regulatory capture (potentially stemming from information failure) 4. Policy myopia (short termism) and maybe unintended consequences from allowing drivers on the hard shoulder 5. Political self interest and conflicting policies 6. Excessive admin costs and poor value for money

Themes of evaluation that can be used in the Unit 1 AQA Economics exam.

A worksheet (and extension task) for students to act as the ONS and calculate price indexes, convert nominal GDP to real GDP, calculate GDP growth and GDP per capita. Includes questions designed to prompt students to work out why there is a difference in these measurements and useful formulas. Also includes a teacher answer sheet with the figures students should have calculated and brief answers to the questions.

A model answer to the 25 mark question: Using the data and your economic knowledge evaluate the case for and against the government subsidising newspapers and online news (25 marks) from AQA June 2014 Unit 1 Question Paper. The answer includes explanation of public goods, merit goods and the advantages and disadvantages of subsidies.

This resource includes a powerpoint presentation on fiscal policy. It explains the types of fiscal policy, the impact on AD and AS, advantages, disadvantages, evaluation and crowding out. There is a worksheet on contractionary fiscal policy, a worksheet on government policy with answers and two class activities. One analysing the effect of an increase in goverment spending and the other is a true or false activity on crowding out in both editable PDF version and word version. I have also thrown in a 'chains of analysis' powerpoint for students to edit and compete to try to make the longest chain of analysis possible regarding fiscal and monetary policy. This resource includes everything you need to teach fiscal policy.

This resource is a worksheet that gets students to categorise the different scenarios into cyclical unemployment, frictional unemployment, structural unemployment or another situation. Once they have determined what type of unemployment it is they must colour in the relevant squares the corresponding colours to make the picture. The picture is of a map of the UK. The colours represent the differences rates of unemployment across the country. They must answer correctly to complete the challenge. This worksheet could be used as a revision activity and the completed graph (and therefore answers) is attached.