A complete revision of AS diagrams with answers inserted (Macro and Micro). 51 diagrams

To calculate and interpret PeS To understand and apply what determines PeS To revise Elasticity Whole lesson: Theory, activities and assessment.

What is the nature of demand/the demand curve? What variables impact demand? How does the reaction of demand differ depending on the variables? Types of Goods and Demand Whole lesson: Theory, activities and assessment.

Resource to accompany 1.4 Review of the PPF Curve and The Market Mechanism - lesson 4. Review of chapter 1 key terms, answers in the ppt lesson.

1) Review your understanding of the nature of demand 2) To be able to draw and calculate the Ped 3) What is the impact of the Ped on revenue? 4) Discuss the consequences of inelasticity Whole lesson: Starter test, theory, activities, video link and assessment.

To assess trade offs and prioritise objectives To understand differing economic view points How have UK economic priorities changed Whole lesson: Theory, activities and assessment.

To define and apply economic objectives To assess trade offs and prioritise objectives Whole lesson: Theory, activities, video link and assessment.

The nature of output in the short run How do costs behave in the short run? How do costs behave in the long run? Nature of the Market/industry Whole lesson: Theory, activities and assessment.

Define the four main economic objectives link these to Indicators and UK economic performance Summarise the main objectives/ measurements and associated terms and vocabulary Whole lesson: Theory, video links, activities and assessment.

Lesson 1/1 Reviewing the performance of perfect markets Understanding the outcome and consequences of economic efficiency for Economic welfare (short and long run) Understanding the reaction of a firm to a loss making scenario (exit strategy) Whole lesson: Theory and activities.

1) Review your understanding of the nature Ped 2) Understand and apply the determinants of Ped 3) Investigate Xped and Yed 4) Calculating Yed and Xped 5) Interpreting the calculations 6) Explaining how/why Demand has reacted and more challenge questions and diagrams Whole lesson: Theory, activities and assessment.

1) Testing key terms, reviewing & testing the PPF curve 2) What is a market? – Defining, Applying and Analysing 3) How are resources allocated through the Market mechanism? - Define, conceptualise/apply and evaluate Theory, video links, activities and mini tests.

Methodology and Decision making activity.

Activity for 2.2 Price Elasticity of Demand - lesson 2

The nature of revenue in different markets structures Combining revenue and costs to show how profits differs in different market structures Whole lesson: Theory and activities

To understand and apply how and why firms grow To identify the reasons for and against growth To assess the impact of technology Whole lesson: Mostly theory and some activities. Notes for last slide provided under the slide.

What are a firm’s Objectives? What is the divorce of ownership and control? What are the alternative objectives? Whole lesson: Theory, video link and activities.

To understand the role of economic agents in allocating scarce resources Revise and consolidate your understanding of agents and resources To understand the roll of PPF diagrams in analysing cost and resource allocation Whole Lesson: theory and many activities

MCQ and Knowledge questions for starter to ppt lesson 2

Develop an understanding of the first topic The theory of production Whole lesson: Theory and activities.