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The determination of market prices and the interrelationship of markets - AS-YR1
Define equilibrium in a market and how it is achieved
Explain how changes in demand and Supply can cause disequilibrium and how the market establishes a new equilibrium
Understand inter-market relationships
Demonstrate the interrelationship of markets through diagrams
The uses of index numbers (improved version)
Calculate, Reverse Calculate and Interpret.
With additional activities Weighting and Inflation.
Includes: Theory and many differentiated activities (individual, paired and group)
The determinants of supply for goods and services (improved version)
Review types of goods and demand
What is Supply?
What’s the relationship between supply and price?
What is the relationship between supply and other variables
Whole lesson: Theory, activities, MCQ questions, assessment and exam technique.
Production and Productivity AS-Yr1
Learning Objectives:
1) To understand the key terminology: Production, Productivity, Specialisation and Division of Labour.
2) To apply those terms to a practical example
3) Assess how production and productivity can be increased
Terms of Trade (TOT) - A2-Yr2
To understand, calculate and apply TOT
Introductory Economics taster lesson (improved version)
Introduction to Economics, including Macro and Micro with supporting resources. (whole lesson)
A taster/introductory lesson, that combines discussion activities, an article activity and a game based activity. These explain the nature of economics, introductory economic concepts such as needs & wants, scarcity, opportunity cost etc. It also gives a brief taste of Microeconomics and Macroeconomics.
Supporting notes are included in the ppt.
Monetary Policy and Exchange Rates AS-Yr1
To understand the Bank of England’s Objectives and policy instruments
To analyse and evaluate how the Bank of England’s policy instruments influence Macro economic
Theory, activities and assessment
1.1 Introduction and Economic Methodology - lesson 1
To understand the nature of the course and expectations (AQA)
To understand ‘What is Economics?’ and apply it
To understand ‘The methodology?’ and apply it
Includes: Ice breaker starter, theory, activities and links to videos
EU - Impact of the Customs union - A2-Yr2
Learning Objectives:
How does trade deflection work?
What is trade creation and analyse its impact?
What is trade diversion and analyse its impact?
Exchange Rates and Floating Exchange Rates - A2-Yr2
To understand the nature of exchange rates
To apply reciprocal movements
To understand what causes currencies to change in value (floating exchange rate)
To link (An) and evaluate the cause and consequences of changes in value.
Diagram study notes on merit- demerit- pos and neg ext in consumption with gov interventions - AS-Yr
Diagrams revision notes:
Merit, Demerit, Pos & Neg ext in consumption
Government Intervention applied to Merit, demerit, Pos & Neg ext in consumption.
Introduction to Monopolies and Monopoly Power - AS-YR1
Learning Objectives:
To understand the factors that give rise to the monopoly position and its power
To apply those factors to real market examples
To analyse the consequences of monopoly power
Elasticity types puzzle and answers
Elasticity puzzle and answers accompanies 2.6 Price Elasticity of Supply - lesson 6
revision of all types of elasticity.
Production and Production Costs in the short run Yr1 basics - AS - Yr1
Learning Objectives:
1) To review the key terminology: Production, productivity, Specialisation, Division of Labour and Exchange.
2) To calculate costs and represent diagrammatically
3) To understand the nature of costs over output
Competitive markets and Perfect competition - AS-Yr1
Understand what makes a competitive market?
What objectives might a firm have?
Calculate the nature of revenue in a perfect/competitive market
Be able to explain why a market might behave in this way
Fixed Exchange Rates - A2-Yr2
Learning Objectives:
1) To understand the other types of Exchange Rates
2) Analyse and Evaluate the manipulation of
Exchange Rates
3) To review the impact of the ERM
EU Overview and the case for and against -A2-Yr2
1) An overview of the EU
Understanding of the institutional structure of the EU, notably the role of the European Commission and the European Central Bank.
2) To understand and debate the key arguments for and against a Single European Market.
Trade: Absolute and Comparative Advantage - A2-Yr2
Learning Objectives
To understand absolute advantage and comparative advantage
To apply the theories through calculation and diagrammatical analysis
To evaluate comparative advantage
Macro Multiple Choice Puzzle - AS-YR1
Puzzle based on AS exam multiple choice questions.
Micro Multiple Choice Puzzle - AS-YR1
Puzzle based on AS Exam multiple choice questions.