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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.
Costs and Revenue Diagrams, Economies & Diseconomies of Scale, Normal & Supernormal Profit, Shutdown
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Costs and Revenue Diagrams, Economies & Diseconomies of Scale, Normal & Supernormal Profit, Shutdown

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Outstanding Economics Revision Notes / Booklet covering: The Relationship between Price, Total Revenue and Marginal Revenue Fixed Costs, Variable Costs, Total Cost, Average Cost and Marginal Cost The Average Variable Cost Curve and the Average Fixed Cost Curve Diminishing Marginal Productivity The Short-Run Average Cost Curve and the Long-Run Average Cost Curve (Internal) Economies of Scale and Diseconomies of Scale External Economies of Scale Normal Profit and Supernormal Profit Profit Maximisation, Revenue-Maximisation and Sales Maximisation Strategies The Shut-down Point List of Key Terms / Definitions Excellent Revision tool / notes that can be given to your students! Specifically designed for EDEXCEL A-Level Economics, but also suitable for AQA.
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!
Economies of Scale, Diseconomies of Scale, External Economies of Scale, MES for Economics A-Level
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Economies of Scale, Diseconomies of Scale, External Economies of Scale, MES for Economics A-Level

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Outstanding student work booklet covering: Economies of Scale (e.g. Purchasing Economies, Technical Economies, Marketing Economies, Financial Economies etc) Diseconomies of Scale External Economies of Scale (‘Economies of Agglomeration’) The booklet has a range of student activities designed to truly develop student understanding of this topic. The booklet contains a list of relevant Video Links, Key Terms list, Revision Notes, Numbers practice and a Homework Section with Model Answers! Suitable for Edexcel, AQA and OCR A-Level Course Specifications (and for GCSE)
Finance Booklet (A-Level Business), incl. Cash Flow, Gross Profit, Net Profit,Sources of Finance,
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Finance Booklet (A-Level Business), incl. Cash Flow, Gross Profit, Net Profit,Sources of Finance,

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Outstanding A-Level Business student Booklet / Worksheets covering: Distinction between Cash Flow and Profit Gross Profit and Gross Profit Margin Net Profit Internal and External Sources of Finance (Loans, Retained Profit, Share Capital, Venture Capital, Debt Factoring). Booklet includes Homework Task sheets, Model Answers and Key Terms Definitions list (and includes a bonus Network Diagram / Critical Path Analysis worksheet). Suitable for AQA and Edexcel, and many of the pages could be used for GCSE Business.
Operations - Just-In-Time Production, The Supply Chain, Inventory Control Chart (Business A-Level)
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Operations - Just-In-Time Production, The Supply Chain, Inventory Control Chart (Business A-Level)

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Outstanding 17-page Student Booklet / Worksheets covering: Capacity and Capacity Utilisation Average Cost and Labour Productivity Just-In-Time Production vs Just-In-Case Production The Advantages and Disadvantages of Just-In-Time Production Inventory Control Charts (including Re-order Levels, Re-order Quantities, Lead Time, etc) Supply Chain considerations Booklet also includes some Model Answers to the Tasks set, and a Key Terms Definitions List. Suitable for AQA and Edexcel Business A-Level. This booklet is colourful, has lots of carefully considered tasks and will save hours of lesson planning!
Buffer Stock Schemes / Systems, Guaranteed Minimum Support Prices, Maximum Prices, Price Volatility
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Buffer Stock Schemes / Systems, Guaranteed Minimum Support Prices, Maximum Prices, Price Volatility

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Superb Student Booklet on Buffer Stock Schemes, designed for EDEXCEL. Booklet includes: Examples of Unstable Commodity Prices Guaranteed Minimum Prices and Maximum Prices Buffer Stock Schemes / Systems / Agencies diagrams Advantages and Disadvantages of Buffer Stock Schemes Buffer Stock Scheme Case Study - India The booklet also includes Model Answers, a 4-page Revision Note summary, Key Terms Definitions list, a list of Lesson Starter Activities and Video Links. This booklet is ready-to-go, and will save you hours and hours of planning! Whilst designed for the EDEXCEL Specification, the content contained overlaps with WJEC / EDUQAS and OCR specifications.
Import Substitution Industrialisation & Export led Growth, and FDI (Foreign Direct Investment)
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Import Substitution Industrialisation & Export led Growth, and FDI (Foreign Direct Investment)

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Superb booklet for A-Level Economics on Inward looking Growth Strategies (‘Import Substitution Industrialisation’ ISI) and Outward Looking Export-led Growth Strategies (sometimes called ‘Export-Oriented Industrialsation’ EOI). Also includes the advantages and disadvantages of Foreign Direct Investment (FDI) by TNCs / MNCs (Multi-National Corporations). TheTask Sheets carefully tests and builds students knowledge in a multitude of ways. The booklet also includes: Memorable speech-bubbles Case study of Renault’s investment into Morocco Identification tables Colourful Revision notes Past paper questions (with two paragraphs of Model Answers) This booklet has been developed over a number of years, and is of outstanding quality. It will save you hours of planning!
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.
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!
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!
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.
AQA Labour Market - Labour Productivity, Supply and Demand of Labour, Elasticities Worksheets Bundle
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AQA Labour Market - Labour Productivity, Supply and Demand of Labour, Elasticities Worksheets Bundle

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Superbly laid out, **32-page **Student Work Booklet. Includes: • Supply and Demand Labour Market Diagrams • Minimum Wage • PED for Labour • PES of Labour • Trade Unions • Division of Labour Recap • Links to relevant Videos • Revision Notes • Definitions of Key Terms at the end of the BOOKLET Designed with Learning-Through-Doing in mind. (Booklet tailored to AQA specification).
Supply and Demand Student Work Booklet / Worksheets (AQA)
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Supply and Demand Student Work Booklet / Worksheets (AQA)

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25 page, AQA-specific booklet covering: Supply and Demand Consumer Surplus and Producer Surplus Excess Supply and Excess Demand Minimum Price and Maximum Price Legislation Joint Demand and Goods in Competitive Demand Joint Supply and Composite Demand Outstanding quality! Contains a plethora of examples and different scenarios to challenge students. Comes with a section of Supply and Demand related homeworks (along with some model answers to those homeworks). Also includes a list of Key Terms and Definitions.
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)
Theme 3 Micro Diagrams (EDEXCEL) - Costs and Revenue diagrams, Diminishing Returns, Monopoly Market
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Theme 3 Micro Diagrams (EDEXCEL) - Costs and Revenue diagrams, Diminishing Returns, Monopoly Market

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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: C & R Diagram for a firm in Perfect Competition C & R Diagram showing a firm in Monopolistic Competition. C & R Diagram showing Dead-Weight Loss in a Pure Monopoly Market C & R Diagram showing a firm Sales Maximising. C & R Diagram showing a firm being Productively Efficient. Marginal Product of Labour and Average Product of Labour Diagram Total Product Curve diagram Diagram showing that a firm is making a loss, but should continue in the Short-run. Diagram showing that a firm is making a loss, and should Shutdown immediately. Diagram demonstrating (Internal) Economies of Scale and Diseconomies of Scale Diagram demonstrating External Economies of Scale Diagram showing the effects on output, profit and price from a rise in Fixed Costs. Diagram showing the effects on output, profit and price from a rise in Demand. Diagram showing the effects on output, profit and price from a rise in Variable Costs. 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 Showing Wage differentials on a Labour Market diagram Showing PES of Labour on a Labour Market diagram Showing PED for Labour on a Labour Market diagram Minimum Wage diagram on a Labour Market diagram This is a truly invaluable resource, and will definitely help your students achieve higher grades!!!
Theme 1 Micro Diagrams (EDEXCEL) - Externalities, PPFs, Incidence of Tax & Subsidies, Elastic Demand
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Theme 1 Micro Diagrams (EDEXCEL) - Externalities, PPFs, Incidence of Tax & Subsidies, Elastic Demand

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Extremely helpful resource to ensure students learn the required Year 1 Micro-economics diagrams for EDEXCEL. Diagrams include: PPF Diagram: Actual Economic Growth PPF Diagram: Potential Economic Growth Showing Total Revenue earned on Elastic and Inelastic Demand Curve diagrams. Incidence of Tax diagram Incidence of Subsidy diagram Negative Production Externality Diagram Positive Consumption Externality Diagram Tradeable Pollution Permit Diagram Buffer Stock Diagram 2 different booklets are included when buying this - (1) Booklet with the diagram tasks left blank, and (2) Booklet with the diagram tasks and the Model Diagrams already filled in. [Both resources are included in the price]. Students often drop lots of marks and grades because they have not been exposed to enough diagram practice. This resource can help boost the grades your students achieve!
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!
Free Trade Area, Customs Union, Common Market (EU) EDEXCEL Economics A-Level Booklet
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Free Trade Area, Customs Union, Common Market (EU) EDEXCEL Economics A-Level Booklet

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Fantastic student work booklet covering the following: • Free Trade Areas • Customs Union • 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 some excellent videos. Made specifically for EDEXCEL 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!
Diminishing Returns, Marginal Product of Labour, Total Product Curve, Marginal Cost
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Diminishing Returns, Marginal Product of Labour, Total Product Curve, Marginal Cost

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Outstanding A-Level Work Booklet / Worksheets covering the following topics: Law of Increasing Returns Law of Diminishing Returns Marginal Product of Labour Marginal Cost of Production Total Product Diagram (‘The Production Function’ diagram) Student activities include responding to diagrams, drawing diagrams, filling in empty cells in tables, advantages and disadvantages, etc. Model answers are included (!), as well as a Key Terms list. This booklet is of excellent quality, has been tried-and-tested over many years, and will save hours of planning! Suitable for both Edexcel & AQA
Division of Labour, Specialisation, Labour Productivity Worksheets and Revision Notes
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Division of Labour, Specialisation, Labour Productivity Worksheets and Revision Notes

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Comprehensive 5-page A-Level Revision Notes, and a 3-page exercise on Labour Productivity and Specialisation. These worksheets have been designed with learning-through-doing in mind. Both documents are bursting with colour, and are beautifully laid-out. The Revision notes contain Advantages and Disadvantages of Division of Labour and Specialisation, and finishes with a Definitions Key Terms List. Suitable for both Edexcel and AQA.