A level Economics comprehensive revision pack on: Market Failure Topic 1.3 within the Edexcel specification. This revision pack is tailored for the Edexcel course, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is an editable word document and comes with 2 sections. Breakdown of the revision pack: Section 1 consists of a variety of questions testing the key elements of the topic. This active revision technique will help students reinforce their understanding and possibly discover any gaps in their knowledge. Section 2 is a key word definitions task, whereby students are required to fill out the definitions of various key words from this topic. A Mark Scheme CLICK HERE to download a FREE revision pack on 1.2 How Markets Work to get a flavour of what this resource is like. 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 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 topic: Poverty and Inequality (Topic 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.

A level Economics comprehensive revision pack on: Nature of Economics Topic 1.1 within the Edexcel specification. This revision pack is tailored for the Edexcel course, however, the versatile nature of this resource makes it suitable for other exam boards too. This resource is an editable word document and comes with 2 sections. Breakdown of the revision pack: Section 1 consists of a variety of questions testing the key elements of the topic. This active revision technique will help students reinforce their understanding and possibly discover any gaps in their knowledge. Section 2 is a key word definitions task, whereby students are required to fill out the definitions of various key words from this topic. A Mark Scheme 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. CLICK HERE to download a FREE revision pack on 1.2 How Markets Work to get a flavour of what this resource is like. Click on the links below to check out some of our other FREE resources: Nature of Economics Worksheet Elasticities of Demand Worksheet Aggregate Demand Worksheet

A Level Economics worksheet activity containing questions about the lesson: The Role of Financial Markets (4.4.1) 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: Rational Decision Making (1.2.1) 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: Price Mechanism (1.2.7) 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: Demand (1.2.2) 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.

A Level Economics worksheet activity containing questions about the lesson: Revenue (3.3.1) 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 Types of Market Failure within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Understanding market failure -Introduction to the types of market failure: externalities, information gaps, under-provision of public goods 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 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 Profit within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Condition for profit maximisation -Normal profit, supernormal profit, sub-normal profit, marginal profit, profit maximisation, total profit (diagrams included) 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 Oligopoly within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Characteristics of oligopoly o high barriers to entry and exit o high concentration ratio o interdependence of firms o product differentiation -Calculation of n-firm concentration ratios and their significance -Reasons for collusive and non-collusive behaviour -Overt and tacit collusion; cartels and price leadership -Simple game theory: the prisoner’s dilemma in a simple two firm/two outcome model -Types of price competition: o price wars o predatory pricing o limit pricing -Types of non-price competition 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 Monopsony within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Characteristics and conditions for a monopsony to operate -Costs and benefits of a monopsony to firms, consumers, employees and suppliers 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 Monopolistic Competition within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Characteristics of monopolistically competitive markets -Profit maximising equilibrium in the short run and long run -Diagrammatic analysis 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 Economies and Diseconomies of Scale within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Types of economies and diseconomies of scale -Minimum efficient scale -Distinction between internal and external economies of scale 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 Demand for Labour within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Demand for labour -Factors that influence the demand for labour -Marginal revenue product of labour -Price elasticity of demand for labour 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 Wage Determination within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Diagrammatic analysis of labour market equilibrium -Understanding of current labour market issues -National minimum wage and diagram (including advantages and disadvantages) -Trade unions and diagram -Government intervention in the labour market: o maximum and minimum wages (including advantages and disadvantages) o public sector wage setting o policies to tackle labour market immobility 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 presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Supply of Labour within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Factors that influence the supply of labour to a particular occupation -Market failure in labour markets: the geographical and occupational mobility and immobility of labour 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.