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Economics Unit 3 Knowledge Organiser - Market Structures
This is a knowledge organiser for Economics Unit 3 Pearson Edexcel Topic on Market Structure.
Included:
Perfect Competition (Advantages and Disadvantages in SR and LR)
Contextual examples on PC.
Monopolistic Competition (Advantages and Disadvantages in SR and LR)
Monopsony (Advantages and Disadvantages in SR and LR)
Monopolies (Advantages and Disadvantages in SR and LR)
Oligopolies (Advantages and Disadvantages in SR and LR)
Game theory example
Diagrams on all market structures
Key definitions
Info. on Price discrimination
Further KOs exist on Business Growth, Labour Markets, Cost and Revenue, & Government Intervention (Coming Soon).
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Economics Unit 3 Knowledge Organiser - Business Growth
This is a knowledge organiser for Economcis Unit 3 Pearson Edexcel Business Growth. Orignally sourced as a template elsewhere. This has been adapted and reuploaded.
Includes:
Why do Business’s grow?
How do Business’s grow?
What is External growth?
Objectives of a Business
Why do firms make profit and what is wrong with this?
Further K.O exist for Cost and Revenue, Market Structures, and Labour Markets, Government Intervention (Coming Soon)
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Edexcel A Paper 1 Warm Up session 1
Edexcel A Paper 1: 3 hour warm up session available to deliver to the class Live or via Teams.
Key Topics:
Externalities
Government Intervention
Perfect Competition
Monopolies
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Economics Unit 3 Knowledge Organiser - Cost and Revenue
This is a knowledge organiser for Economics Unit 3 Pearson Edexcel Topic on Market Structure.
Included:
Short and long run cost diagram
Price Makers and Price takers
Key definitions (TR, AR, MR, Fixed and Variable costs)
Further KOs exist on Business Growth, Labour Markets, Market Structures, & Government Intervention (Coming Soon).
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Economics A Pearson Microeconomic course checklist (Theme 1 & Theme 3)
This is a course checklist for Microeconomics (A) Theme 1 & Theme 3 Pearson Edexcel.
Questions to check for understanding broken down by topic. The aim of this resource is to help students check their knowledge for each topic and to support students identify gaps.
Sample:
1.2.2 Demand
• What is the correlation between price and quantity demanded?
• What causes a movement along a demand curve?
• What factors can cause a leftward shift of a demand curve?
• What factors can cause a rightward shift of a demand curve?
• What is meant by “diminishing marginal utility”?
• What happens to the value a consumer places on consumption of a product, the more units they consume?
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Economics A Pearson Microeconomic course checklist (Theme 2 & Theme 4)
This is a course checklist for Microeconomics (A) Theme 2 & Theme 4 Pearson Edexcel.
Questions to check for understanding broken down by topic. The aim of this resource is to help students check their knowledge for each topic and to support students identify gaps.
Sample:
2.1.1 Economic Growth
• Can you define GDP? (there are three ways)
• Can you recognise a recession and a boom from a graph of real GDP data?
• Can you identify the difference between levels of GDP and rates of change of GDP from a graph?
• Can you define real/nominal/current prices/constant prices?
• Can you calculate real data from nominal data and vice versa?
• Can you calculate total GDP from per capita GDP and vice versa?
• Can you explain the difference between GNI and GDP?
• Can you explain why GDP rates in different countries are different?
• Can you explain what PPP adjusted data is?
• Can you explain how PPP adjusted data might differ from GDP data in USD?
• Can you explain how GDP data might not be an accurate measure of standards of living
• Can you explain the link between rising/falling incomes and subjective happiness using economics terminology?
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Macro Knowledge Pack: 4.5
Macroeconomic knowledge pack:
Short answer questions
Diagrams
Context based questions
Tables
Exam Style questions
Theme 4: Macro Policies on a Global context
Supports Pearson Edexcel Economics A
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Micro Knowledge Pack: 3.2
Microeconomic knowledge pack:
Short answer questions
Diagrams
Context based questions
Tables
Exam Style questions
Theme 3: Business Objectives
Supports Pearson Edexcel Economics
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Macro Knowledge Pack: 4.4
Macroeconomic knowledge pack:
Short answer questions
Diagrams
Context based questions
Tables
Exam Style questions
Theme 4: Financial Markets
Supports Pearson Edexcel Economics A
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Macro Knowledge Pack: 4.3
Macroeconomic knowledge pack:
Short answer questions
Diagrams
Context based questions
Tables
Exam Style questions
Theme 4: Emerging and developing economies
Supports Pearson Edexcel Economics A
![DChaffey20](https://d2w4qhtqw2dbsq.cloudfront.net/profile_live/29867905/small.jpg)
Macro Knowledge Pack: 2.2
Macroeconomic knowledge pack:
Short answer questions
Diagrams
Context based questions
Tables
Exam Style questions
Theme 2: Aggregate Demand
Supports Pearson Edexcel Economics A