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.
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Cost and Revenue diagrams, incl. Efficiencies (e.g. Productive, Allocative, X efficiency, Dynamic)
Year 2 Micro: Business Economics diagrams. Suitable for both Edexcel and AQA. Excellent quality, and very helpful for developing student progression in some very difficult topics!
Year 2 Micro-economics: Business Economics A-Level Bundle
Outstanding bundle of Workbooklets / Worksheets for Year 2 Micro-economics, including: - Market Structures: Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly Markets - The Law of Increasing and Diminishing Marginal Returns, Total Product Curves, Marginal Cost - Costs and Revenue diagrams: Objectives of firms - Costs and Revenue diagrams: The 4 efficiencies - Costs and Revenue Introduction - Economies of Scale, Diseconomies of Scale, and External Economies of Scale These booklets are fantastic for building understanding, they often come with Model Answers on the following page, and will save you hours of preparation time! (Suitable for both Edexcel and AQA)
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This serves both as a wonderful introduction, and good practice for the students many months into the course. I'm really happy with this purchase. And I confess the Model Answers are very much appreciated for certainty sake
Outstanding resource - and is both the perfect introduction and recap booklet. It breaks down the Costs and Revenue diagrams in a really logical, effective way. All of the worksheets are excellent!!! (and the included Model Answers are very welcome too!)
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