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The Circular Flow Model - 2 lessons
AS/Yr1 Economics
Lesson 1:
To understand and apply the stock and flow of an economy
Develop your understanding of the two and three sector model.
Apply, analyse and evaluate the sector model
Lesson 2:
To understand and apply the four sector economic model
Analyse the consequences of changes in the flow and evaluate the sector model
To Revise the model
Activities, theory, video, assessments and worksheets.
1.2 The nature and purpose of economic activity, eco resources, scarcity, allocation and economic pr
1) The nature and purpose of economic activity
2) What are Economic resources and scarcity?
3) To understand and apply the economic problem
Whole lesson: theories and activities
worksheet for starter available separately.
Monetary Policy - 3 lessons - A2/Yr2
Economics Monetary Policy - 3 lessons - A2/Yr2
Theory, activities, videos and assessment.
Lesson 1
1) To understand the interaction of money supply and demand
2) To understand and apply the objectives of Monetary Policy
3) To apply modern methods (instruments) of money supply and its consequences
Monetary base control
Open Market Operations (OMOs)
Setting interest rates
Lesson 2
To demonstrate the relationship between interest rates and exchange rates through linked analysis
To understand the transmission mechanism
To apply and analyse monetary policy in view of the mechanism
Lesson 3
To review, apply and analyse monetary policy in view of the transmission mechanism
To develop arguments for and against monetary policy for use in evaluation
To attain a brief knowledge of monetary policy history
4.1 Monopolies - lesson 1
1) What is a monopoly and what are the assumptions?
2) What are the sources of monopoly power?
3) The case for intervention
Whole lesson: Theory and activities.
Long run costs AS - Economies and Diseconomies AS - Revenue AS - AS-YR1
1) To understand and apply economies and diseconomies of scale
2) To apply, represent and interpret long run costs diagrammatically
3) To understand and calculate revenue
Economics Macro Paper 2 Exam
I have written a full mock exam paper for the New AQA specification - take a look!
Macro Paper 2