Locally, nationally and internationally. Questions and suggested answers

Total cost (TC), average total cost (ATC), fixed cost (FC), variable cost (VC), average fixed cost (AFC), average variable cost (AVC). Calculation of TC, ATC, FC, VC, AFC and AVC. Definition, drawing and interpretation of diagrams that show how changes in output affect costs of production. Total revenue (TR) and average revenue (AR). Note: marginal revenue is not required. Calculation of TR and AR. The influence of sales on revenue. Survival, social welfare, profit maximisation and growth. *Unit 3 review Note: marginal cost (MC) not required. Questions with suggested solutions

PPT covering Unit 7.3 7.3 Efficiency and market failure 7.3.1 definitions of productive efficiency and allocative efficiency 7.3.2 conditions for productive efficiency and allocative efficiency 7.3.3 Pareto optimality 7.3.4 definition of dynamic efficiency 7.3.5 definition of market failure 7.3.6 reasons for market failure

The basis for specialisation at national level in broad terms of: superior resource allocation and/or cheaper production methods. For consumers, firms and the economy. Questions and suggested solutions

Birth rate, death rate, net migration, immigration and emigration. How and why birth rates, death rates and net migration vary between countries. The concept of an optimum population. The effects of increases and decreases in population size and changes in the age and gender distribution of population. Note: interpretation of a population pyramid is required, but drawing is not. Questions and suggested answers

2.3.3 Why reducing the size of the workforce might be necessary: • Difference between dismissal and redundancy with examples • Understand situations in which downsizing the workforce might be necessary, e.g. automation or reduced demand for products • Recommend and justify which employees to make redundant in given circumstances 2.3.4 Legal controls over employment issues and their impact on employers and employees: • Legal controls over employment contracts, unfair dismissal, discrimination, health and safety, legal minimum wage

PPT aligned to the CIE syllabus. Summative and formative assessments provided with suggested solutions. Topics covered included static analysis & comparative static analysis

PPT aligned to the CIE syllabus. Summative and formative assessments provided with suggested solutions. Topics covered included excess demand, excess supply, market equilibrium etc

PPT aligned to the CIE syllabus. Summative and formative assessments provided with suggested solutions. Topics covered included demand & supply, ceteris paribus, income effect, substitution effect, conspicuous demand etc

PPT aligned to the CIE syllabus. Summative and formative assessments provided with suggested solutions. Topics covered included normal goods, inferior goods, complements, substitutes, Giffen goods, Veblen goods

I have broken the CIE Econs A2 past paper questions into seven categories for easy access - Efficiency, Market structure, Marginal utility, Labour Market, Circular flow of income, Economic development and Government policies. This is taken from the years 2017 - March 2020

A2 Macroeconomics. Topic -** Modeling the economy**. Aids lesson planning with topic related prompts enabling class discussion throughout. PPT - learning objectives, key terms, spec inserts, diagrams, videos and so forth. Exercises taken from Economics - Peter smith

A2 Macroeconomics. Topic -** Policies to promote development**. Aids lesson planning with topic related prompts enabling class discussion throughout. PPT - learning objectives, key terms, spec inserts, diagrams, videos and so forth. Exercises taken from Economics - Peter smith

A2 Macroeconomics. Topic -** Designing macroeconomic policy**. Aids lesson planning with topic related prompts enabling class discussion throughout. PPT - learning objectives, key terms, spec inserts, diagrams, videos and so forth. Exercises taken from Economics - Peter smith

PowerPoint providing prompts to further learning. Cash flow work sheet.

Details the constituents of an income statement and balance sheet. Cash statements are not covered. 7 ratios. Worksheet allows for practice with solution.

PPT 1- A2 Econs CIE (to be used with any syllabus) - exercises refered to are from Economics - Peter Smith Objectives provided for syllabus covered. Key words detailed. Relevant diagrams. Syllabus prompts