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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.
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
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
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
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.