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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)
6.1 The Objectives of government economic policy - lesson 1
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.
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.
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.
2.1 The determinants of demand for goods and services - lesson 1
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.
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
2.3 Price Elasticity of Demand, Yed and Xped - lesson 3
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.
1.2 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.
2.5 Price Elasticity of Supply - lesson 5
To calculate and interpret PeS
To understand and apply what determines PeS
To revise Elasticity
Whole lesson: Theory, activities and assessment.
2.2 Price Elasticity of Demand - lesson 2
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.
1.2 The relationship between short run output, short run costs & long run costs - lesson 2
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.
1.1 Economic decision making activity - lesson 1
Methodology and Decision making activity.
1.1 Theory of short run production - lesson 1
Develop an understanding of the first topic
The theory of production
Whole lesson: Theory and activities.
Elasticity types puzzle and answers
Elasticity puzzle and answers accompanies 2.6 Price Elasticity of Supply - lesson 6
revision of all types of elasticity.
1.4 STARTER TEST – Have you been learning your definitions (Chapter1) - lesson 4
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.
6.3 Reviewing and Prioritising Economic Objectives lesson 3
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.
6.2 Reviewing and Prioritising Economic Objectives lesson 2
To define and apply economic objectives
To assess trade offs and prioritise objectives
Whole lesson: Theory, activities, video link and assessment.
3.1 Perfect markets -competition, short & long run efficiencies and exit strategy lesson 1
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.
1.4 Review of the PPF Curve and The Market Mechanism - lesson 4
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.
2.2 Price Elasticity of Demand puzzle
Activity for 2.2 Price Elasticity of Demand - lesson 2