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Marginal, Average and Total relationship
A presentation to explain, with examples, the relationship between Marginal, Average and Total values.
Economic concepts used as examples are the Law of Demand, the Marginal cost of labour, the law of Diminishing marginal utility, internal economies of scale and internal diseconomies of scale, division of labour and the law of Diminishing marginal returns.
Both .pptx and .pdf versions have been included.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
MC curve: perfect competition vs monopsony
An exercise to explain the shape of the MC curves that firms face under perfect competition vs monopsony.
An answer sheet is provided as well as the answers being included on the second slide of the attached slideshow.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
A-level Economics Price discrimination
A-level Economics lesson on price discrimination. Includes:
Presentation on price discrimination
Worksheet so students can see how a combined market can be divided into smaller markets (Price discrimination 10 people want to use the bus.pdf)
Worksheet so students so students can see what the impact of price discrimination is on economic surplus (Price discrimination and economic surplus.pdf)
Handout so students so students can identify different kinds of price discrimination, advatantages of price discrimination to producers and consumers and a case study to plan an essay response on the topic of price discrimination (Price discrimination.pdf)
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
Monopolistic competition: profit-maximisation, efficiency, profit and shut-down point
An exercise to identify profit-maximising price and output, economic efficiency, profit and shut-down point under monopolistisic competition.
An answer sheet is provided as well as the answers being included on the attached slideshow.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
No-nonsense guide to progressive tax
A no-nonsense guide to progressive income tax.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
Perfect competition: profit-maximisation, efficiency, profit and shut-down point
An exercise to identify profit-maximising price and output, economic efficiency, profit and shut-down point under perfect competition.
An answer sheet is provided as well as the answers being included on the attached slideshow.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
MR curve: perfect competition vs monopoly
An exercise to explain the shape of the MR curves that firms face under perfect competition vs monopoly.
An answer sheet is provided as well as the answers being included on the second slide of the attached slideshow.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
A-level Economics Elasticities revision test
Revision test with answers on the powerpoint for PED, YED, XED and PES.
The test, when filled in and then corrected, doubles as a revision poster for students to take home.
Both .pdf and .docx file formats have been included
If you use a specification other than AQA you can ignore/delete/replace the second slide.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
A-level Economics long-run average costs and market structure revision
A3 revision worksheet on the impact of long-run average costs on market structures. Includes a set of suggested answers.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
Edexcel GCSE (9-1) Business Topic 1.5 revision knowledge organiser
Useful for revising Edexcel GCSE (9-1) Business topic 1.5 Understanding external influences on business. Separate suggested answers included.
Both .pdf and .doc file formats have been included
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The full set of Edexcel GCSE (9-1) Business revision knowledge organisers can be found below:
Topic 1.1 Enterprise and entrepreneurship
Topic 1.2 Spotting a business opportunity
Topic 1.3 Putting a business idea into practice
Topic 1.4 Making the business effective
Topic 1.5 Understanding external influences on business
Topic 2.1 Growing the business
Topic 2.2 Making marketing decisions
Topic 2.3 Making operational decisions
Topic 2.4 Making financial decisions
Topic 2.5 Making human resource decisions
Edexcel GCSE (9-1) Business Topic 1.4 revision knowledge organiser
Useful for revising Edexcel GCSE (9-1) Business topic 1.4 Making the business effective. Separate suggested answers included.
Both .pdf and .doc file formats have been included
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The full set of Edexcel GCSE (9-1) Business revision knowledge organisers can be found below:
Topic 1.1 Enterprise and entrepreneurship
Topic 1.2 Spotting a business opportunity
Topic 1.3 Putting a business idea into practice
NEW Topic 1.3 Putting a business idea into practice
Topic 1.4 Making the business effective
Topic 1.5 Understanding external influences on business
Topic 2.1 Growing the business
Topic 2.2 Making marketing decisions
Topic 2.3 Making operational decisions
Topic 2.4 Making financial decisions
Topic 2.5 Making human resource decisions
Edexcel GCSE (9-1) Business Topic 1.3 revision knowledge organiser
Useful for revising Edexcel GCSE (9-1) Business topic 1.3 Putting a business idea into practice. Separate suggested answers included.
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The full set of Edexcel GCSE (9-1) Business revision knowledge organisers can be found below:
Topic 1.1 Enterprise and entrepreneurship
Topic 1.2 Spotting a business opportunity
Topic 1.3 Putting a business idea into practice
NEW Topic 1.3 Putting a business idea into practice
Topic 1.4 Making the business effective
Topic 1.5 Understanding external influences on business
Topic 2.1 Growing the business
Topic 2.2 Making marketing decisions
Topic 2.3 Making operational decisions
Topic 2.4 Making financial decisions
Topic 2.5 Making human resource decisions
Edexcel GCSE (9-1) Business Topic 1.2 revision knowledge organiser
Useful for revising Edexcel GCSE (9-1) Business topic 1.2 Spotting a business opportunity. Separate suggested answers included.
Both .pdf and .doc file formats have been included
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The full set of Edexcel GCSE (9-1) Business revision knowledge organisers can be found below:
Topic 1.1 Enterprise and entrepreneurship
Topic 1.2 Spotting a business opportunity
Topic 1.3 Putting a business idea into practice
NEW Topic 1.3 Putting a business idea into practice
Topic 1.4 Making the business effective
Topic 1.5 Understanding external influences on business
Topic 2.1 Growing the business
Topic 2.2 Making marketing decisions
Topic 2.3 Making operational decisions
Topic 2.4 Making financial decisions
Topic 2.5 Making human resource decisions
Edexcel GCSE (9-1) Business Topic 1.1 revision knowledge organiser
Useful for revising Edexcel GCSE (9-1) Business topic 1.1 Enterprise and entrepreneurship. Separate suggested answers included.
Both .pdf and .doc file formats have been included
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The full set of Edexcel GCSE (9-1) Business revision knowledge organisers can be found below:
Topic 1.1 Enterprise and entrepreneurship
Topic 1.2 Spotting a business opportunity
Topic 1.3 Putting a business idea into practice
NEW Topic 1.3 Putting a business idea into practice
Topic 1.4 Making the business effective
Topic 1.5 Understanding external influences on business
Topic 2.1 Growing the business
Topic 2.2 Making marketing decisions
Topic 2.3 Making operational decisions
Topic 2.4 Making financial decisions
Topic 2.5 Making human resource decisions
AQA A-level Economics Welcome to Economics handout
A ‘Welcome to A-level Economics’ handout I give to new learners on an A-level course. Includes details about the course assessment, some suggested textbooks and publications for the course and a list of habits possessed by bad economists to avoud. I would include a line added at the top which says
"Your teacher is Mr Lenin vle@rabfak.sch.uk".
Both .pdf and .docx file formats have been included
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
A-level Economics Editable Cost and Revenue Monopoly diagram spreadsheet
A tool to easily create your own Average Cost, Marginal Cost, Average Revenue and Marginal Revenue under Monopoly diagram. Easy to edit and to create different diagrams depending on your needs.
AQA A-level Economics Behavioural economics paper 1 Specimen 2014 essays
A lesson I’ve put together with suggested content and an essay plan for the paper 1 specimen 2014 essays on Behavioural economics.
Traditional economic theory assumes that consumers make rational decisions that maximise their economic welfare, but behavioural economists disagree.
Using examples to illustrate your answer, explain how anchoring and loss aversion can affect an individual’s choices when deciding how to spend or save their income. [15 marks]
The Government would like to improve the well-being of the population by encouraging people to adopt a healthy diet. Using your knowledge of both traditional economic theory and behavioural economics, assess alternative policies that the Government might adopt to try to achieve its objective. [25 marks]
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
The font is OpenDyslexic - Free, OpenSource Dyslexia Typeface
http://opendyslexic.org/
AQA AS and Year 12 Economics Market failure and government intervention knowledge organiser part 2
Part 2 of a knowledge organiser for The market mechanism, market failure and government intervention in markets topic from the AS and Year 12 Economics. Includes a set of example answers. Part 1 can be found here: https://www.tes.com/teaching-resource/aqa-as-and-year-12-economics-market-failure-and-government-intervention-knowledge-organiser-part-1-12146218
There is a version of this with A-level Economics content which can be found here:
https://www.tes.com/teaching-resource/aqa-a-level-economics-market-failure-and-government-intervention-organiser-part-2-11903122
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
AQA AS and Year 12 Economics Market failure and government intervention knowledge organiser part 1
Part 1 of a knowledge organiser for The market mechanism, market failure and government intervention in markets topic from the AQA AS and Year 12 Economics. Includes a set of example answers. Part 2 can be found here:
https://www.tes.com/teaching-resource/aqa-as-and-year-12-economics-market-failure-and-government-intervention-knowledge-organiser-part-2-12146220
There is a version of this with A-level Economics content which can be found here:
https://www.tes.com/teaching-resource/aqa-a-level-economics-market-failure-and-government-intervention-organiser-part-1-11901022
Any suggestions/improvements/complaints please do comment and I will update it for future editions.
AQA AS and Year 12 Economics Competitive and concentrated markets knowledge organiser
Knowledge organiser for the Competitive and concentrated markets topic from the AQA AS and Year 12 Economics. Includes a set of example answers.
There is a version of this with A-level Economics content which can be found here:
https://www.tes.com/teaching-resource/aqa-a-level-economics-production-costs-and-revenue-knowledge-organiser-11887669
Any suggestions/improvements/complaints please do comment and I will update it for future editions.