This lesson introduces learners to the concept of economic profit as opposed to accounting profit which most are familiar with. We use broken down examples to explain the concept of normal, supernormal profits and losses. We then look at marginal revenue and marginal cost to identify profit maximisation points and shutdown points. Calculation and drawing tasks to consolidate and a box plenary to finish with.
Colourful, concise and engaging slides!
Thank you
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Edexcel A Level Economics Theme 3 (COMPLETE COURSE)
New for 2021, this bundle for Edexcel's A Level Economics Theme 3 is the ultimate pack for teachers delivering this course. Captivating powerpoints, the highest quality, unrivalled lesson experiences from start to finish. Filled with real life examples and step-by-step animated diagrams. Please have a look at individual files to see previews. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you Theme 3 - Business behaviour and the labour market
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Edexcel A Level Economics Theme 3 - 3.3 Revenues, costs and profits
This 5 lesson bundle covers: 3.3.1 Revenue 3.3.2 Costs - double lesson 3.3.3 Economies and diseconomies of scale 3.3.4 Normal profits, supernormal profits and losses Filled with examples, activities and quizzes to consolidate learning in an engaging way. All you need - open the powerpoint, run through it, and deliver quality lessons whilst saving precious time. Colourful, concise and engaging slides! - all files in zip folder. Thank you
£26.00
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