Theme 3 Micro Diagrams (EDEXCEL) - Costs and Revenue diagrams, Diminishing Returns, Monopoly Market

Full list of Theme 3 diagrams students need to learn for their EDEXCEL Economics A-Level.

Model Diagrams are provided within the resource to help students learn these important diagrams :)

Diagrams included:

1. C & R Diagram for a firm in Perfect Competition
2. C & R Diagram showing a firm in Monopolistic Competition.
3. C & R Diagram showing Dead-Weight Loss in a Pure Monopoly Market
4. C & R Diagram showing a firm Sales Maximising.
5. C & R Diagram showing a firm being Productively Efficient.
6. Marginal Product of Labour and Average Product of Labour Diagram
7. Total Product Curve diagram
8. Diagram showing that a firm is making a loss, but should continue in the Short-run.
9. Diagram showing that a firm is making a loss, and should Shutdown immediately.
10. Diagram demonstrating (Internal) Economies of Scale and Diseconomies of Scale
11. Diagram demonstrating External Economies of Scale
12. Diagram showing the effects on output, profit and price from a rise in Fixed Costs.
13. Diagram showing the effects on output, profit and price from a rise in Demand.
14. Diagram showing the effects on output, profit and price from a rise in Variable Costs.
15. Diagram showing the Law of Increasing Returns from a Variable Factor of Production.

Bonus Year 1 Micro diagrams:
16. Negative Production Externality diagram
17. Positive Consumption Externality diagram
18. Buffer Stock Agency diagram [Minimum Pricing and Maximum Pricing]
19. Tradeable Pollution Permit diagram

Labour Market – Diagram Test

1. Showing Wage differentials on a Labour Market diagram
2. Showing PES of Labour on a Labour Market diagram
3. Showing PED for Labour on a Labour Market diagram
4. Minimum Wage diagram on a Labour Market diagram

This is a truly invaluable resource, and will definitely help your students achieve higher grades!!!