Hero image

Resourcify

Average Rating4.08
(based on 94 reviews)

Welcome to Resourcify! Discover a wealth of meticulously crafted teaching materials for educators, students, and parents. Whether you're a seasoned teacher, a student seeking support, or a parent supplementing home learning, Resourcify is your versatile destination for quality resources. Explore, download, and enhance your educational journey with us! For questions or assistance, contact us at resourcify321@gmail.com, and we'll promptly respond!

451Uploads

114k+Views

139k+Downloads

Welcome to Resourcify! Discover a wealth of meticulously crafted teaching materials for educators, students, and parents. Whether you're a seasoned teacher, a student seeking support, or a parent supplementing home learning, Resourcify is your versatile destination for quality resources. Explore, download, and enhance your educational journey with us! For questions or assistance, contact us at resourcify321@gmail.com, and we'll promptly respond!
Business Objectives Lesson (Topic 3.2) - A level Economics
ResourcifyResourcify

Business Objectives Lesson (Topic 3.2) - A level Economics

(0)
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.
Sizes and Types of Firms - A level Economics
ResourcifyResourcify

Sizes and Types of Firms - A level Economics

(0)
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.
Costs - A level Economics
ResourcifyResourcify

Costs - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Costs within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Formulae to calculate and understand the relationship between: o total cost o total fixed cost o total variable cost o average (total) cost o average fixed cost o average variable cost o marginal cost -Short run cost curves -Diminishing marginal productivity 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.
Revenue - A level Economics
ResourcifyResourcify

Revenue - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Revenue within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Formulae to calculate and understand the relationship between: total revenue, average revenue and marginal revenue -Revenue diagrams -Price elasticity of demand and its relationship to revenue concepts (calculation required) 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.
Macroeconomic Objectives and Policies (Topic 2.6) - A level Economics
ResourcifyResourcify

Macroeconomic Objectives and Policies (Topic 2.6) - A level Economics

(0)
Comprehensive Powerpoint Presentation covering the entirety of the Macroeconomic Objectives and Policies topic It includes 3 lessons (with 50 slides combined) and a worksheet with model answers The lesson outlines all the specification points of Macroeconomic Objectives and Policies (topic 2.6) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content in detail: -Macroeconomic objectives -Demand side policies (Monetary and Fiscal) -Supply side policies 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.
Economic Growth (Topic 2.5) - A level Economics
ResourcifyResourcify

Economic Growth (Topic 2.5) - A level Economics

(0)
Comprehensive lesson including a full PowerPoint presentation and worksheet. Model answers for the worksheet included The presentation outlines all the specification points of Economic Growth (topic 2.5) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content in detail: -Causes of growth -Output gaps -Trade cycle -The impact of economic growth on consumers, firms, the government, current and future living standards. 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.
Measures of Economic Performance Lessons (Topic 2.1) - A level Economics
ResourcifyResourcify

Measures of Economic Performance Lessons (Topic 2.1) - A level Economics

4 Resources
4 comprehensive lessons each including a PowerPoint presentation and worksheet with model answers. The lessons cover topic 2.1 (Measures of economic performance) within the A level Edexcel Economics specification. Lessons included: Economic Growth Inflation Employment and Unemployment Balance of Payments 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.
Aggregate Supply (Topic 2.3) - A level Economics
ResourcifyResourcify

Aggregate Supply (Topic 2.3) - A level Economics

(0)
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.
Balance of Payments - A level Economics (Theme 2)
ResourcifyResourcify

Balance of Payments - A level Economics (Theme 2)

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Balance of Payments (Theme 2) within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Components of the balance of payments, with particular reference to the current account, and the balance of trade in goods and services -Current account deficits and surpluses -The interconnectedness of economies through international trade 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.
Employment and Unemployment - A level Economics
ResourcifyResourcify

Employment and Unemployment - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Employment and Unemployment within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Measures of unemployment (the claimant count and the UK LFS) -The distinction between unemployment and under-employment -Structural unemployment -Frictional unemployment -Seasonal unemployment -Demand deficiency and cyclical unemployment -Real wage inflexibility 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.
Inflation - A level Economics
ResourcifyResourcify

Inflation - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Inflation within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -inflation -deflation -disinflation -The process of calculating the rate of inflation in the UK using the Consumer Prices Index (CPI) -The limitations of CPI in measuring the rate of inflation -The Retail Prices Index (RPI) as an alternative measure of the rate of inflation -Causes of inflation: demand pull and cost push -The effects of inflation on consumers, firms, the government and workers 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.
Economic Growth - A level Economics
ResourcifyResourcify

Economic Growth - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Economic Growth within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Rates of change of real Gross Domestic Product (GDP) as a measure of economic growth -Real and nominal values -distinction between value and volume (in terms of GDP) -Per capita (GDP) -Other national income measures: Gross National Income (GNI) -Comparison of rates of growth between countries and over time -Understanding of Purchasing Power Parities (PPPs) and the use of PPP-adjusted figures in international comparisons -The limitations of using GDP to compare living standards between countries and over time -National happiness 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.
Government Intervention Lessons (Topic 1.4) - A level Economics
ResourcifyResourcify

Government Intervention Lessons (Topic 1.4) - A level Economics

2 Resources
2 comprehensive lessons each including a PowerPoint presentation, and worksheet with model answers. The lessons cover topic 1.4 (Government Intervention) within the A level Edexcel Economics specification. Although this resource is designed for the Edexcel specification, the content covered is suitable for other exam boards too. Lessons included: Government Intervention in Markets Government Failure 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.
Market Failure Lessons (Topic 1.3) - A level Economics
ResourcifyResourcify

Market Failure Lessons (Topic 1.3) - A level Economics

4 Resources
4 comprehensive lessons each including a PowerPoint presentation, and worksheet with model answers. The lessons cover topic 1.3 (Market Failure) within the A level Edexcel Economics specification. Although this resource is designed for the Edexcel specification, the content covered is suitable for other exam boards too. Lessons included: Types of Market Failure Externalities Public Goods Information Gaps 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.
Government Failure - A level Economics
ResourcifyResourcify

Government Failure - A level Economics

(0)
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.
Government Intervention in Markets - A level Economics
ResourcifyResourcify

Government Intervention in Markets - A level Economics

(0)
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.
Information Gaps - A level Economics
ResourcifyResourcify

Information Gaps - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Information Gaps within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Information failure -Imperfect information and examples -Symmetric vs 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.
Public Goods - A level Economics
ResourcifyResourcify

Public Goods - A level Economics

(0)
Comprehensive lesson containing a full presentation and worksheet. Model answers for the worksheet included The lesson outlines all the specification points of Public Goods within the A level Edexcel Economics course (useful for other exam boards too) This lesson teaches the following content: -Public goods vs private goods -Quasi public goods -The free rider problem -Merit and demerit 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.
How Markets Work Lessons (Topic 1.2) - A Level Economics
ResourcifyResourcify

How Markets Work Lessons (Topic 1.2) - A Level Economics

9 Resources
9 comprehensive lessons each including a PowerPoint presentation and worksheet with model answers. The lessons cover topic 1.2 (How Markets Work) within the A level Edexcel Economics specification. Although this resource is designed for the Edexcel specification, the content covered is suitable for other exam boards too. Lessons included: Rational Decision Making Demand Price, Income and Cross Elasticities of Demand Supply (including price elasticity of supply) Price Determination Price Mechanism Consumer and Producer Surplus Indirect Taxes and Subsidies Alternative Views of Consumer Behaviour 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 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
Externalities - A level Economics
ResourcifyResourcify

Externalities - A level Economics

(1)
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.