A Level Economics worksheet activity containing questions about the lesson: Perfect Competition (3.4.2) Model Answers Included This is tailored for the Edexcel specification, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is designed to help students apply their knowledge to questions. This active revision technique ensures that the worksheet will be very useful for students, and will act as a vital revision tool. Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Consumer and Producer Surplus within the A level Edexcel Economics course. Useful for other exam boards too. This lesson teaches the following content: -Consumer vs producer surplus -Total economic surplus -Graphical representations of consumer and producer surplus using supply and demand diagrams -How shifts in supply or demand affect consumer and producer surplus. Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Externalities within the A level Edexcel Economics course. (useful for other exam boards too) This lesson teaches the following content: Distinction between private costs, external costs and social costs Distinction between private benefits, external benefits and social benefits Use of a diagram to illustrate: o the external costs of production using marginal analysis o the distinction between market equilibrium and social optimum position o identification of welfare loss area Use of a diagram to illustrate: o the external benefits of consumption using marginal analysis o the distinction between market equilibrium and social optimum position o identification of welfare gain area Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full PowerPoint presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Business Objectives (Topic 3.2) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Different business objectives and reasons for them: o profit maximisation o revenue maximisation o sales maximisation o satisficing -Diagrams and formulae to illustrate the different business objectives: o profit maximisation o revenue maximisation o sales maximisation Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Sizes and Types of Firms within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Reasons why some firms tend to remain small and why others grow -Significance of the divorce of ownership from control: the principal-agent problem -Distinction between public and private sector organisations -Distinction between profit and not-for-profit organisations Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full PowerPoint presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Government Intervention (3.6) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Government intervention to control mergers -Government intervention to control monopolies: o price regulation o profit regulation o quality standards o performance targets -Government intervention to promote competition and contestability: o enhancing competition between firms through promotion of small business o deregulation o competitive tendering for government contracts o privatisation -Government intervention to protect suppliers and employees: o restrictions on monopsony power of firms o nationalisation -The impact of government intervention on: o prices o profit o efficiency o quality o choice -Limits to government intervention: o regulatory capture o asymmetric information Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full PowerPoint presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Poverty and Inequality (4.2) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Absolute poverty vs relative poverty -Measures of absolute and relative poverty -Causes of changes in absolute and relative poverty -Wealth vs Income inequality -Measurements of income inequality - the Lorenz curve and the Gini coefficient -Causes of income and wealth inequality -Impact of economic development on inequality -Significance of capitalism for inequality Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Taxation within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Distinction between progressive, proportional and regressive taxes -The economic effects of changes in direct and indirect tax rates on other variables: o incentives to work o tax revenues: the Laffer curve o income distribution o real output and employment o the price level o the trade balance o FDI flows Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

A Level Economics worksheet activity containing questions about the lesson: Trading Blocs and the World Trade Organisation (4.1.5) Model Answers Included This is tailored for the Edexcel specification, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is designed to help students apply their knowledge to questions. This active revision technique ensures that the worksheet will be very useful for students, and will act as a vital revision tool. Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

A Level Economics worksheet activity containing questions about the lesson: Economies & Diseconomies of Scale (3.3.3) Model Answers Included This is tailored for the Edexcel specification, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is designed to help students apply their knowledge to questions. This active revision technique ensures that the worksheet will be very useful for students, and will act as a vital revision tool. Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Government Failure within the A level Edexcel Economics course. (useful for other exam boards too) This lesson teaches the following content: -Understanding of government failure as intervention that results in the loss of welfare and exacerbates the market failure. -Causes of government failure: o distortion of price signals o unintended consequences o excessive administrative costs o information gaps -Government failure in various markets Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Government intervention in markets within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: Purpose of intervention with reference to market failure and using diagrams in various contexts: o indirect taxation (ad valorem and specific) o subsidies o maximum and minimum prices Other methods of government intervention: o trade pollution permits o state provision of public goods o provision of information o regulation Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full PowerPoint presentation and Worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Aggregate Supply (Topic 2.3) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content in detail: -The characteristics of AS -Short-run AS -Long-run AS Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Supply within the A level Edexcel Economics course. Useful for other exam boards too. This lesson teaches the following content: -The distinction between movements along a supply curve and shifts of a supply curve -The factors that may cause a shift in the supply curve (the conditions of supply) -Understanding of price elasticity of supply -The formula to calculate price elasticity of supply -Interpret numerical values of price elasticity of supply: perfectly and relatively elastic, and perfectly and relatively inelastic -Factors that influence price elasticity of supply Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Efficiency within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Allocative efficiency -Productive efficiency -Dynamic efficiency -X-inefficiency Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Monopoly within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Characteristics of monopoly -Profit maximising equilibrium -Diagrammatic analysis -Third degree price discrimination: o necessary conditions o diagrammatic analysis o costs and benefits to consumers and producers -Costs and benefits of monopoly to firms, consumers, employees and suppliers -Natural monopoly Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Factors Influencing Growth and Development within the A level Edexcel Economics course. Useful for other exam boards too. This lesson teaches the following content: -Impact of economic factors in different countries: o primary product dependency o volatility of commodity prices o savings gap: Harrod-Domar model o foreign currency gap o capital flight o demographic factors o debt o access to credit and banking o infrastructure o education/skills o absence of property rights -Impact of non-economic factors in different countries Click on the links below to check out some of our FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of this resource) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet are included The lesson outlines all the specification points of Economics as a Social Science & Positive and Normative Statements within the A Level Edexcel Economics course. (current specification) - useful for other exam boards too. This lesson teaches the following content: -Thinking like an economist (developing models and making assumptions) -Ceteris Paribus -Inability to make scientific experiments in economics -Positive vs Normative statements -Value judgements Click on the links below to check out some of our other FREE Economics resources Free Worksheets: The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of £3) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Price Determination within the A level Edexcel Economics course. Useful for other exam boards too. The lesson teaches the following content: -Equilibrium price and quanitity -Excess supply and excess demand using supply and demand diagrams -Shifts in demand and supply curves Click on the links below to check out some of our other FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Production Possibility Frontiers Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of £3) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.

A Level Economics worksheet activity containing questions about the lesson: Production Possibility Frontiers (1.1.4) Model Answers Included This is tailored for the Edexcel specification, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is designed to help students apply their knowledge to questions. This active revision technique ensures that the worksheet will be very useful for students, and will act as a vital revision tool. Click on the links below to check out some of our other FREE resources: Free Worksheets: Introduction to Economics Worksheet The Economic Problem Worksheet Specialisation & the Division of Labour Worksheet Types of Economy Worksheet Price Determination Worksheet National Income Worksheet Free Lessons: Introduction to Economics Lesson The Economic Problem Lesson Production Possibility Frontiers Lesson Specialisation & the Division of Labour Lesson Types of Economy Lesson Price Determination Lesson National Income Lesson We really appreciate feedback on our resources so if you kindly leave a review down below, you will be able to claim any resource (up to the value of £3) from our shop for FREE. Just email Resourcify321@gmail.com with your username and your chosen resource. Your chosen resource will be sent to you within 24 hours.