Aggregate demand and short run aggregate supply worksheet getting students to apply their knowledge to shifts of AD and SRAS. Includes extension tasks for students who need stretch and challenge or who finish earlier. Could be used as a homework task or class activity. This resource is in microsoft word format so that it can be edited to suit your classes needs.

Economies of Scale Worksheet - A worksheet for AS economics asking students to identify types of internal and external economies of scale. There is an extension task built in where students can apply their knowledge to Lego.

A question sheet for economic growth that asks students to find conflicts with the other macroeconomic objectives. Good to get students to apply their knowledge after doing advantages and disadvantages of economic growth, and learning about long run and short run economic growth.

A table that explains the various types of market failures and advantages and disadvantages of the appropriate government interventions. Students can fill in the blank tables and there are handwritten teacher answers to compare.

This resource is a worksheet that gets students to categorise the different scenarios into cyclical unemployment, frictional unemployment, structural unemployment or another situation. Once they have determined what type of unemployment it is they must colour in the relevant squares the corresponding colours to make the picture. The picture is of a map of the UK. The colours represent the differences rates of unemployment across the country. They must answer correctly to complete the challenge. This worksheet could be used as a revision activity and the completed graph (and therefore answers) is attached.

A worksheet and powerpoint presentation that looks specifically at different ways of addressing environmental market failure. The powerpoint presentation looks at the advantages and disadvantages of tradable pollution permits and extending property rights and shows an environmental indirect tax on a negative externality in production.

A fun worksheet that can either be used on laptops with editable PDF's or printed and given as a worksheet in class. There are 10 theory of the firm diagrams that students have to give a title to. Will encourage students to label their diagrams fully! It could be used as an extension task, lesson starter, lesson activity or homework. Diagrams include: - Natural monopoly - Oligopoly kinked demand curve - Diminishing marginal returns - Monopoly - Monopoly and DWL - Marginal Cost - Economies of Scale/Envelope Curve - Shut down point - Allocative efficiency - Break even/ contestable monopoly/ normal profits

A handout for A Level students explaining the Marshall Lerner condition and J curve effect. The Marshall Lerner condition includes both a diagrammatic and mathematical example to demonstrate the concept. Words or numbers could be removed to stretch and challenge more adept students.

Six recent-ish news stories that can be used to demonstrate government failure. Students have to explain what type of government failure each story is and why. Also includes a lesson powerpoint on government failure. The answers to the worksheet are as follows: 1. Information failure 2. Unintended consequences 3. Regulatory capture (potentially stemming from information failure) 4. Policy myopia (short termism) and maybe unintended consequences from allowing drivers on the hard shoulder 5. Political self interest and conflicting policies 6. Excessive admin costs and poor value for money

A pdf worksheet that gets students to consider which of the trade unions demands the firm should agree to. Start off with £150m profits, if students choose to reject more than three demands they will only receive £75million because the workers will go on strike. Increasing training increases productivity and therefore increases the firms profits. Decide on figures for each of the options and combinations of agreements. Also included a powerpoint that explains the role of trade unions in a competitive and monopsony labour market.

There are two documents in this resource. The first 'conflict tables activity' gets students to identify how economic growth may conflict with the other macroeconomic objectives themselves. They must provide a balanced answer and complete the table. The answers to this worksheet are on the second document 'conflict tables analysis or evaluation'. Here potential conflicts are explained and students must identify whether they are analysis statements or evaluative statements. You could use this second document as teacher answers, for a short starter activity, as a pre-exam handout or to help struggling students. You could also extend the activity by getting students to draw diagrams that support each of the macroeconomic objectives examined. The macroeconomic objectives examined in relation to economic growth are: - Inflation - Unemployment - Balance of Trade - Environmental Objectives - Income Inequality - Government Budget Deficit

An AS economics game using true or false questions to solve an incomplete QR code. When scanned the quote says 'Education is the best economic policy there is' which was first said by Tony Blair. This would be ideal as a quick end of term game that can be used for revision. A teacher copy of the correct QR code and correct answers to the questions is also included. You can adapt the questions if needed to suit another subject.

A one page worksheet that examines the recent dispute between Tescos and Unilever. It asks questions on oligopoly, monopsony, monopoly and concentration ratios and is a good way to increase students knowledge of current affairs. I have included the PDF version and the word document version so that questions can be edited.

The resource is a worksheet getting students to plan an answer to the question: Discuss the view that a policy of budget deficit reduction will make it harder to achieve economic growth (25 marks) I have included suggested answers as well for the essay plan. It includes an introduction, arguments for and arguments against, a diagram and evaluation.

A worksheet that gets students to pretend to be the owners of a smoothie business and apply their knowledge of elasticity, factors of production, related markets, taxes and supply and demand diagrams.

A labour market failure revision booklet originally designed for OCR F583 but may also be suitable for AQA labour market topics. The first half has blank spaces for students work work through themselves, I usually print each slide in A4. The second half if a teacher copy with the answers to the questions filled in. Contents of the slides include . . . A) Causes of labour market failure - Monopsony - Trade unions - Unemployment - Economic inactivity - Segmented labour markets - Discrimination - Skill shortages - Immobility of labour - geographical and occupational immobility - Information failure B) Assessing Labour Market Policies - Education and training - Information provision - Regional policy - National minimum wage - Strengthening trade union power - Leaving to the free market

Themes of evaluation that can be used in the Unit 1 AQA Economics exam.

One powerpoint presentation explaining long run aggregate supply both in the keynesian and classical model, one starter activity (in pdf and word formats) getting students to contrast the classical and keynesian models, one powerpoint presentation on macroeconomic equilibrium and one worksheet getting students to apply their knowledge of macroeconomic equilibrium, different interpretations of the economy and shifts in LRAS, AD and AS

Four presentations covering economic growth, inflation, unemployment and the balance of payments. Each presentation includes definitions, diagrams, causes and consequences, as well as evaluation that could be used.

This resource contains two worksheets designed to challenge students and apply their knowledge of behavioural economics to solve market failures in the fast food market and increase household recycling. Both worksheets come with suggested teacher answers and can prompt a good discussion at the end of the lesson when deciding whether nudges are more effective in the fast food market or to encourage recycling. The worksheets are different difficulties, with the recycling worksheet being the more difficult of the two.