Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Perfect Competition within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: Characteristics of perfect competition Profit maximising equilibrium in the short run and long run Diagrammatic analysis Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Alternative views of consumer behaviour within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Reasons why consumers may not behave rationally: peer pressure, herding behaviour, habitual behaviour, computational issues Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Externalities within the A level Edexcel Economics course. (useful for other exam boards too) This lesson teaches the following content: Distinction between private costs, external costs and social costs Distinction between private benefits, external benefits and social benefits Use of a diagram to illustrate: o the external costs of production using marginal analysis o the distinction between market equilibrium and social optimum position o identification of welfare loss area Use of a diagram to illustrate: o the external benefits of consumption using marginal analysis o the distinction between market equilibrium and social optimum position o identification of welfare gain area Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Price Mechanism within the A level Edexcel Economics course. Useful for other exam boards too. This lesson teaches the following content: -Functions of the price mechanism to allocate resources: -rationing -incentive -signalling Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Consumer and Producer Surplus within the A level Edexcel Economics course. Useful for other exam boards too. This lesson teaches the following content: -Consumer vs producer surplus -Total economic surplus -Graphical representations of consumer and producer surplus using supply and demand diagrams -How shifts in supply or demand affect consumer and producer surplus. Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

A Level Economics worksheet activity containing questions about the lesson: Production Possibility Frontiers (1.1.4) Model Answers Included This is tailored for the Edexcel specification, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is designed to help students apply their knowledge to questions. This active revision technique ensures that the worksheet will be very useful for students, and will act as a vital revision tool. Click on the links below to check out some of our other FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of £3) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Price, Income and Cross Elasticities of Demand within the A level Edexcel Economics course. Useful for other exam boards too. This lesson teaches the following content: -Price, income and cross elasticities of demand -The formulae to calculate price, income and cross elasticities of demand -Interpreting numerical values of: price elasticity of demand: unitary elastic, perfectly and relatively elastic, and perfectly and relatively inelastic income elasticity of demand: inferior, normal and luxury goods; relatively elastic and relatively inelastic cross elasticity of demand: substitutes and complementary goods -The factors influencing elasticities of demand Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Public Goods within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Public goods vs private goods -Quasi public goods -The free rider problem -Merit and demerit goods Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Government Failure within the A level Edexcel Economics course. (useful for other exam boards too) This lesson teaches the following content: -Understanding of government failure as intervention that results in the loss of welfare and exacerbates the market failure. -Causes of government failure: o distortion of price signals o unintended consequences o excessive administrative costs o information gaps -Government failure in various markets Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Government intervention in markets within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: Purpose of intervention with reference to market failure and using diagrams in various contexts: o indirect taxation (ad valorem and specific) o subsidies o maximum and minimum prices Other methods of government intervention: o trade pollution permits o state provision of public goods o provision of information o regulation Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Economic Growth within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Rates of change of real Gross Domestic Product (GDP) as a measure of economic growth -Real and nominal values -distinction between value and volume (in terms of GDP) -Per capita (GDP) -Other national income measures: Gross National Income (GNI) -Comparison of rates of growth between countries and over time -Understanding of Purchasing Power Parities (PPPs) and the use of PPP-adjusted figures in international comparisons -The limitations of using GDP to compare living standards between countries and over time -National happiness Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Inflation within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -inflation -deflation -disinflation -The process of calculating the rate of inflation in the UK using the Consumer Prices Index (CPI) -The limitations of CPI in measuring the rate of inflation -The Retail Prices Index (RPI) as an alternative measure of the rate of inflation -Causes of inflation: demand pull and cost push -The effects of inflation on consumers, firms, the government and workers Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Employment and Unemployment within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Measures of unemployment (the claimant count and the UK LFS) -The distinction between unemployment and under-employment -Structural unemployment -Frictional unemployment -Seasonal unemployment -Demand deficiency and cyclical unemployment -Real wage inflexibility Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Balance of Payments (Theme 2) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Components of the balance of payments, with particular reference to the current account, and the balance of trade in goods and services -Current account deficits and surpluses -The interconnectedness of economies through international trade Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full PowerPoint presentation and Worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Aggregate Supply (Topic 2.3) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content in detail: -The characteristics of AS -Short-run AS -Long-run AS Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Revenue within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Formulae to calculate and understand the relationship between: total revenue, average revenue and marginal revenue -Revenue diagrams -Price elasticity of demand and its relationship to revenue concepts (calculation required) Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Costs within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Formulae to calculate and understand the relationship between: o total cost o total fixed cost o total variable cost o average (total) cost o average fixed cost o average variable cost o marginal cost -Short run cost curves -Diminishing marginal productivity Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full PowerPoint presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Business Objectives (Topic 3.2) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Different business objectives and reasons for them: o profit maximisation o revenue maximisation o sales maximisation o satisficing -Diagrams and formulae to illustrate the different business objectives: o profit maximisation o revenue maximisation o sales maximisation Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.