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Llywelyn Morris's Economics Shop

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Hi :) My shop sells Student Work Booklets for A-Level Economics and A-Level Business. These booklets are superbly laid out, designed-for-learning, and test students understanding in a variety of ways (diagrams, worded questions, charts, figures, etc.) I also sell A-Level Economics Revision Notes. Each chapter is beautifully laid-out, in lots of colour, with easy-to-understand diagrams and exam tips.

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Hi :) My shop sells Student Work Booklets for A-Level Economics and A-Level Business. These booklets are superbly laid out, designed-for-learning, and test students understanding in a variety of ways (diagrams, worded questions, charts, figures, etc.) I also sell A-Level Economics Revision Notes. Each chapter is beautifully laid-out, in lots of colour, with easy-to-understand diagrams and exam tips.
Introduction to Macroeconomics and the Macro Objectives (EDEXCEL & AQA)
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Introduction to Macroeconomics and the Macro Objectives (EDEXCEL & AQA)

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Fantastic student work booklet / worksheets introducing Macro-economic data to Economics A-Level students. The worksheets invite ‘self-discovery learning’, with easy-to-deduce data leading to understanding. The tasks highlight common misunderstandings. For instance, the tasks bring clarity to the fact that a falling economic growth rate still means that GDP is rising, and that a falling inflation rate still means Price Levels are rising. Model Revision Notes and Definitions are provided at the back of the booklet. Perfect task to start the Macro-course (or even recap the Macro course!). Topics in the booklet include: GDP, Economic Growth, Inflation, Deflation, Price Levels, Unemployment, Government Spending and Government Revenue, Fiscal Surpluses and Fiscal Deficits, National Debt, Trade Surpluses and Trade Deficits, and a spotlight on Protecting the Environment through Rhino population data! (Suitable for both Edexcel and AQA Courses)
Index Numbers / Indices for Economics A-Level Booklet
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Index Numbers / Indices for Economics A-Level Booklet

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First-rate Student Booklet / Worksheets covering Index Numbers for Economics A-Level. A variety of tasks is provided, testing and building up student understanding in a multitude of ways. Included are Homework Tasks, accompanied with Model Answers (Mark Scheme). Also features Key Terms Definitions list, with the required Formulas added on. Suitable for Edexcel and AQA.
Human Development Index (HDI), GDP, GNI, PPP, Economic Development, Economic Growth A-level Booklet
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Human Development Index (HDI), GDP, GNI, PPP, Economic Development, Economic Growth A-level Booklet

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Outstanding Economics A-Level Worksheets / Booklet covering: The Costs and Benefits of Economic Growth. The Strengths and Weaknesses of using GDP data to compare Living Standards between countries. The Strengths and Weaknesses of using GDP data to compare Living Standards over time. The difference between GDP and GNI. Purchasing Power Parity (PPP). The Human Development Index (HDI). The relationship between ‘Economic Growth’ and ‘Economic Development’. The tasks develop students’ understanding. Many of the exercises have contexts designed such that students can deduce the strengths and weaknesses of using GDP data by themselves. The booklet contains 7 pages of top-quality revision notes, and a Model Essay Answer to a past paper question. I3 pages of Model Answers / Answer Sheets are also provided, so that you can be confident of what the answers are. This wonderfully edited and comprehensive booklet is a bargain! Suitable for both Edexcel and AQA.
Supply-Side Policies Student Work Booklet (Edexcel & AQA)
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Supply-Side Policies Student Work Booklet (Edexcel & AQA)

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21-page Supply Side Policies Student Work Booklet / Worksheets. The superbly structured activities builds and assesses students understanding in a multitude of ways. Many of the pages have Model Answers provided (in a separate document). 2 articles / case studies included, along with links to lots of excellent videos. Suitable for the Edexcel and AQA A-Level (and probably to GCSE Economics as well).
Year 1 Macro Workbooklets, including Inflation, Monetary Policy,  Phillips Curve and Supply-Side Policies
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Year 1 Macro Workbooklets, including Inflation, Monetary Policy, Phillips Curve and Supply-Side Policies

8 Resources
Outstanding bundle of Workbooklets / Worksheets for Year 1 Macro-economics, including: Inflation and Monetary Policy The Phillips Curve and the Natural Rate of Unemployment Exchange Rates Fiscal Policy Demand-Side Supply-Side Policies These booklets are fantastic for building understanding, they often come with Model Answers on the following page, links to videos and will SAVE YOU HOURS of preparation time! (This bundle is suitable for both Edexcel and AQA)
Nationalisation vs Privatisation, Free-Market vs Mixed Economy vs Command, Economic Liberalisation
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Nationalisation vs Privatisation, Free-Market vs Mixed Economy vs Command, Economic Liberalisation

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Superb Student Work Booklet for Economics A-Level. Topics covered include: Privatisation vs Nationalisation Free-Market Economy vs Mixed Economy vs Command Economy Advantages and Disadvantages of Minimum Support Prices (Guaranteed Minimum Prices) Natural Monopoly Markets Examples of Economic Liberalisation Policies The booklet contains diagramatic analysis of Privatised and Nationalised Monopoly firms, a Case Study regarding the recent liberalising of the Cross-Channel Railway Market (London to Europe by train market), and links to excellent videos. This booklet will save your hours of planning, and has been created with developing student understanding in mind.
Comparative Advantage, Patterns of Trade, WTO, Protectionism, Globalisation Work Booklets (AQA)
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Comparative Advantage, Patterns of Trade, WTO, Protectionism, Globalisation Work Booklets (AQA)

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Outstanding Student Work Booklet / Worksheets on the following A-Level Economics topics: The Law of Comparative Advantage Costs and Benefits of Free Trade Protectionism (Tariffs, Quotas, Domestic Subsidies, Import Regulations) The Patterns of Trade Globalisation World Trade Organisation (WTO) The content is specifically tailored to AQA Students. Included in the price is a Homework Section, Revision Notes, comprehensive Model Answers section, a list of Key Terms and Definitions, and a list of excellent Video links. This booklet is of the highest quality! It is aesthetically pleasing, and the tasks are designed to engage and deepen students understanding. Buying this booklet will lead to GREAT LEARNING OUTCOMES and will SAVE YOU HOURS of time!
Aggregate Demand, Aggregate Supply, Circular Flow of Income, Real vs Nominal GDP, AD AS Diagrams
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Aggregate Demand, Aggregate Supply, Circular Flow of Income, Real vs Nominal GDP, AD AS Diagrams

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Outstanding A-Level Economics Macro work booklet / worksheets covering: Circular Flow of Income, Injections and Leakages of Income Aggregate Demand (AD) Aggregate Supply (AS) AD AS Diagrams Real vs Nominal Data Gross Domestic Product (GDP) Advantages and Disadvantages of Economic Growth and Development The booklet includes a multitude of Students Tasks, including having to shift the AD and/or AS Curves on 30+ diagrams. The booklet also contains a 5-page long Homework Section. The booklet also includes excellent Revision Notes on the Circular Flow of Income, the relationship between GDP per capita and Welfare, and the weaknesses of using GDP data as a measure of Economic Development. Finally, a list of Key Terms and Formulas are included at the back of the booklet. This document will save you HOURS (!) of preparation, and is suitable for both Edexcel and AQA syllabuses.
The Financial Sector EDEXCEL Economics A-Level - Bubbles, Imperfect Information, Financial Markets
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The Financial Sector EDEXCEL Economics A-Level - Bubbles, Imperfect Information, Financial Markets

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Outstanding A-Level EDEXCEL-specific Student Booklet covering The Financial Sector. The work booklet includes: The Role of Financial Markets: o To facilitate saving o To lend to businesses and individuals o To facilitate the exchange of goods and services o To provide forward markets in currencies and commodities o To provide a market for equities Market failure in the Financial Sector: o asymmetric information o externalities o moral hazard o speculation and market bubbles o market rigging The Role of Central Banks: o implementation of monetary policy o banker to the government o banker to the banks – lender of last resort o role in regulation of the banking industry The 26-page long booklet contains a list of Key Terms, links to relevant Videos, excellent Revision Notes, Articles/Case Studies, a possible Exam Essay Question with accompanying Model Answer. This booklet is the culmination of having taught Financial Markets over many, many years! The worksheets are of fantastic quality, specific to the Edexcel syllabus, and will save you hours of preparation time!
Exchange Rates Booklet (AQA Economics A-Level), including Fixed vs Free Floating Exchange Rates
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Exchange Rates Booklet (AQA Economics A-Level), including Fixed vs Free Floating Exchange Rates

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Superb Student Work Booklet / Worksheets covering the Exchange Rate topic for AQA Economics A-Level. The booklet includes student tasks on: Using the Exchange Rate to work out prices of foreign goods The factors determining Supply and Demand of the Currency on the FOREX Exchange Rate Diagrams Floating Exchange Rates; Advantages and Disadvantages Fixed Exchange Rates; Advantages and Disadvantages The booklet includes Student Tasks, Revision Notes, Key Terms Definitions list and Case Study on the Argentinian Peso. This booklet has been developed over many years (!) of teaching Exchange Rates, and will save you hours of planning!
EDEXCEL Market Structure - Perfect Competition, Monopolistic Comp, Monopoly, Oligopoly, Contestable
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EDEXCEL Market Structure - Perfect Competition, Monopolistic Comp, Monopoly, Oligopoly, Contestable

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Superb 30-page Student Work Booklet for EDEXCEL, covering the following topics: Perfect Competition Monopolistic Competition Monopoly Oligopoly Contestable Markets Tasks include identifications, diagram drawing, responding to drawn diagrams, revision sheets and case studies. The booklet also includes homework revision tasks, with model answers included (at the end of the booklet) This booklet will save you HOURS of preparation time, and will make a great revision booklet for students! Buying this product gives you the download to the Word AND PDF version, definitions list of key terms, and a Cost and Revenue diagram showing the outputs at which Productive and Allocative Efficiency occur. (Suitable for EDEXCEL)
Business A-Level Bundle Student Work Booklets
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Business A-Level Bundle Student Work Booklets

8 Resources
8 outstanding booklets covering much of the Business A-Level (mostly focused on the more mathematical topics of the course). The booklets include: Operations (e.g. Just in Production) Human Resources (e.g. Management Styles) Finance Booklet (e.g. Cash-Flow) Decision Trees (e.g. Expected Revenue) Budget Forecasts (e.g. Variances) Network Diagrams (e.g. Critical Path Analysis) Investment Appraisal (e.g. Payback, ROI) Division of Labour (e.g. specialisation) The price represents a real bargain in terms of the huge number of hours saved from less planning! All the booklets are of the highest quality, and most feature page-after-page of Answer Sheets. Designed for the AQA Business Specification, but all these topics are covered almost identically by the Edexcel and OCR boards.
PED, YED, XED & PES Student Booklet / Work Sheets (AQA & EDEXCEL). All 4 Elasticities covered.
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PED, YED, XED & PES Student Booklet / Work Sheets (AQA & EDEXCEL). All 4 Elasticities covered.

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33-page student work booklet for AQA and EDEXCEL Superbly laid out, and very professional Exposes students to elasticities in many different ways - diagrams, tables, worded questions, figures, etc. Includes bonus homework revision tasks at the back of the booklet, accompanied with Model Answers and Model Essays. Full list of Definitions, Formulas and Key Terms included. This 33-page work booklet covers : 1.Price Elasticity of Demand 2. Income Elasticity of Demand 3. Cross-Price Elasticity of Demand 4. Price Elasticity of Supply. Suitable for: AQA, Edexcel and OCR.
Comparative Advantage, Patterns of Trade, Terms of Trade, Protectionism Work Booklets (EDEXCEL)
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Comparative Advantage, Patterns of Trade, Terms of Trade, Protectionism Work Booklets (EDEXCEL)

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Outstanding Student Work Booklet / Worksheets on the following A-Level Economics topics: The Law of Comparative Advantage Costs and Benefits of Free Trade Protectionism (Tariffs, Quotas, Domestic Subsidies, Import Regulations) The Patterns of Trade The Terms of Trade Globalisation World Trade Organisation (WTO) The content is specifically tailored to EDEXCEL Students. Included in the price is a Homework Section, Revision Notes, a comprehensive Model Answers section, and a list of Key Terms and Definitions. This booklet is of the highest quality! It is aesthetically pleasing, and the tasks are designed to engage and deepen students understanding. Buying this booklet will lead to GREAT LEARNING OUTCOMES and will SAVE YOU HOURS of time!
Costs and Revenue Diagram Introduction - Practice, Calculations, Efficiencies, Economies of Scale
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Costs and Revenue Diagram Introduction - Practice, Calculations, Efficiencies, Economies of Scale

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Fantastic work booklet introducing students to Costs and Revenue for A-Level Economics. Topics include: Calculating Fixed Costs (FC), Variable Costs (VC), Average Cost (AC), Marginal Cost (MC), Total Revenue (TR), Marginal Revenue (MR) & Profit. Drawing Costs and Revenue diagrams. Showing Profit Maximisation, Sales Maximisation and Revenue Maximisation on Costs & Revenue diagrams. SRAC and LRAC. The booklet comes with Model Answers, a list of Key Terms Definitions, and Revision Notes on Short-Run Average Cost (SRAC) and Long-Run Average Cost (LRAC). This booklet is excellent for building student understanding! Suitable for Edexcel, AQA and OCR.
EU, Free Trade Area, Customs Union, Single Market AQA Economics A-Level
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EU, Free Trade Area, Customs Union, Single Market AQA Economics A-Level

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Fantastic student work booklet covering the following: Free Trade Areas Customs Union Single Market / Common Market (European Union) The booklet includes Revision Notes on the different types of Trade Arrangements. It also includes Model Answers, a Key Terms Definition List, an article with questions [Norway], and links to excellent videos. Made specifically for AQA A-Level Economics (but could also be used for any GCSE board). This booklet is ready-to-go, of outstanding quality, and will save you hours of planning!
Balance of Payments (AQA), Current Account, Capital-Financial Account,  Marshall-Lerner Condition
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Balance of Payments (AQA), Current Account, Capital-Financial Account, Marshall-Lerner Condition

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Outstanding Balance of Payments Student Booklet / Worksheets for AQA A-Level Economics. The topics covered include: The Current Account and the Capital / Financial Account Causes of Current Account Deficits (and Surpluses) The impact of Current Account Deficits (and Surpluses) on the Macro-economic Objectives The J-Curve and the Marshall-Lerner Condition Exchange Rate Recap The significance of Current Account Imbalances / Trade Surpluses (and Deficits) Policies to reduce a Current Account Deficit: Expenditure Switching and Expenditure Reducing Policies This excellent booklet includes Students Tasks (with Answer Sheets for some of the exercises), Colourful Revision Notes, Key Terms Definitions List, Homework Tasks, a Model Essay Answer, and a list of relevant Video Links. This 29-page booklet is specific to the AQA syllabus, but could be used for the other exam boards. [I have created an EDEXCEL version of this resource - search ‘Balance of Payments (EDEXCEL)’]
Market Failure AQA - Externalities, Tragedy of the Commons, Pollution Permits, Pigou Tax & Subsidies
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Market Failure AQA - Externalities, Tragedy of the Commons, Pollution Permits, Pigou Tax & Subsidies

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Outstanding, comprehensive Student Work Booklet covering: The Negative Production Externality Diagram The Negative Consumption Externality Diagram The Positive Production Externality Diagram The Positive Consumption Externality Diagram Government Policies to correct Market Failure caused by Externalities The Absence of Property Rights leading to Market Failure Government Intervention: The Extension of Property Rights to avoid the Tragedy of the Commons Government Intervention: Tradeable Pollution Permits Government Intervention: Pigouvian Taxes and Subsidies Government Intervention: Congestion Charging and Pollution Charging These Work Sheets / Booklet are specific to the AQA Economics A-Level course. Model Answers, Model Diagrams and Model Essays are included. The Booklet also includes a list of links to Excellent Videos, and a Key Terms Definition List. This booklet has been created and honed over many years of teaching Externalities! It covers everything in the AQA Syllabus and is of the highest quality.
Edexcel Theme 1 Micro-economics Work Booklets and Revision Notes
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Edexcel Theme 1 Micro-economics Work Booklets and Revision Notes

12 Resources
Superbly structured, colourful and engaging series of Worksheets / Work Booklets, along with Revision Notes. The booklets include: Year 1 Micro Key Terms List Year 1 Micro Diagrams - Student Test doc, and Model Diagrams doc Production Possibility Frontiers (PPFs) Work Booklet Production Possibility Frontiers (PPFs) Revision Notes Supply and Demand Work Booklet Elasticities Work Booklet (PED, YED, XED and XED) Elasticities Revision Notes Public Goods Work Booklet Labour Market Work Booklet Externalities Revision Notes Tradeable Pollution Permits Revision Notes. These Edexcel-specific booklets will save you hours and hours of time! The examples have been honed over a decade of teaching experience, and test students’ understanding in a multitude of ways. Model Answers are provided to many of the questions. This bundle is fantastic - and I will happily transfer the money back to you if you are unsatisfied (just contact me if so!). Best wishes, Llywelyn
Inflation Booklet / Worksheets (Edexcel & AQA)
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Inflation Booklet / Worksheets (Edexcel & AQA)

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**Superb 24-page booklet on Inflation. ** Topics include: The Index-Weighted Basket of Goods The Consumer Price Index Inflation, Disinflation and Deflation Cost-Push Inflation and Demand-Pull Inflation The Dangers of High Inflation The Dangers of Deflation The tasks are designed with learning-through-doing in mind. It tests students’ thinking through a variety of tasks. The booklet also contains revision notes, starter activities, key terms and a homework section.