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Microeconomics revision guide for AQA Economics (Year 12/AS)

Microeconomics revision guide for AQA Economics (Year 12/AS)

A complete 19 page revision guide for AQA Microeconomics for AS/ Year 12. Booklets can be photocopied and provided to students. Topic listings are: 3.1 The operation of markets and market failure 3.1.1 Economic methodology and the economic problem 3.1.1.1 Economic methodology 3.1.1.2 The nature and purpose of economic activity 3.1.1.3 Economic resources 3.1.1.4 Scarcity, choice and the allocation of resources 3.1.1.5 Production possibility diagrams 3.1.2 Price determination in a competitive market 3.1.2.1 The determinants of the demand for goods and services 3.1.2.2 Price, income and cross elasticities of demand 3.1.2.3 The determinants of the supply of goods and services 3.1.2.4 Price elasticity of supply 3.1.2.5 The determination of equilibrium market prices 3.1.2.6 The interrelationship between markets 3.1.3 Production, costs and revenue 3.1.3.1 Production and productivity 3.1.3.2 Specialisation, division of labour and exchange 3.1.3.3 Costs of production 3.1.3.4 Economies and diseconomies of scale 3.1.3.5 Average revenue, total revenue and profit 3.1.4 Competitive and concentrated markets 3.1.4.1 Market Structures 3.1.4.2 The objectives of firms 3.1.4.3 Competitive markets 3.1.4.4 Monopoly and monopoly power 3.1.4.5 The competitive market process 3.1.5 The market mechanism, market failure and government intervention in markets 3.1.5.1 How markets and prices allocate resources 3.1.5.2 The meaning of market failure 3.1.5.3 Public goods, private goods and quasi-public goods 3.1.5.4 Positive and negative externalities in consumption and production 3.1.5.5 Merit and demerit goods 3.1.5.6 Market imperfections 3.1.5.7 An inequitable distribution of income and wealth 3.1.5.8 Government intervention in markets 3.1.5.9 Government failure
mgreen7
The role of money & financial markets - Assessment

The role of money & financial markets - Assessment

A 30 mark assessment suitable for all GCSE Economics students. I use these to assess learning at the end of each unit of work identified in the specification. The test follows the command word and mark allocation from the sample assessment paper issued by AQA. All unit tests are also available as a bundle on TES, along with a full sample paper. PDF & MS Word versions available
JGreen1988
International trade and the global economy - Assessment

International trade and the global economy - Assessment

A 30 mark assessment suitable for all GCSE Economics students. I use these to assess learning at the end of each unit of work identified in the specification. The test follows the command word and mark allocation from the sample assessment paper issued by AQA. All unit tests are also available as a bundle on TES, along with a full sample paper. PDF & MS Word versions available
JGreen1988
How the government manages the economy - Assessment

How the government manages the economy - Assessment

A 30 mark assessment suitable for all GCSE Economics students. I use these to assess learning at the end of each unit of work identified in the specification. The test follows the command word and mark allocation from the sample assessment paper issued by AQA. All unit tests are also available as a bundle on TES, along with a full sample paper. PDF & MS Word versions available
JGreen1988
Government Objectives - Assessment

Government Objectives - Assessment

A 30 mark assessment suitable for all GCSE Economics students. I use these to assess learning at the end of each unit of work identified in the specification. The test follows the command word and mark allocation from the sample assessment paper issued by AQA. All unit tests are also available as a bundle on TES, along with a full sample paper. PDF & MS Word versions available
JGreen1988
Introduction to the national economy - assessment

Introduction to the national economy - assessment

A 30 mark assessment suitable for all GCSE Economics students. I use these to assess learning at the end of each unit of work identified in the specification. The test follows the command word and mark allocation from the sample assessment paper issued by AQA. All unit tests are also available as a bundle on TES, along with a full sample paper. PDF & MS Word versions available
JGreen1988
Financial Markets - Worksheet

Financial Markets - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Globalisation - Worksheet

Globalisation - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Free Trade - Worksheet

Free Trade - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Exchange rates - Worksheet

Exchange rates - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
International trade - Worksheet

International trade - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Supply-side policy - Worksheet

Supply-side policy - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Monetary policy - Worksheet

Monetary policy - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Fiscal policy - Worksheet

Fiscal policy - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Balance of payments - Worksheet

Balance of payments - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Inflation - Worksheet

Inflation - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Unemployment - Worksheet

Unemployment - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Economic Growth - Worksheet

Economic Growth - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
Interest Rates - Worksheet

Interest Rates - Worksheet

A range of questions relating to this part of the specification. I use these worksheets as homework but they could also be useful as lesson activities. PDF & MS Word versions available
JGreen1988
A level Economics Macro & Micro Revision Games

A level Economics Macro & Micro Revision Games

This is a fun and productive way to end your A level economics course and is directed at students who have done their revision. It is a powerpoint template which you can easily adapt and change the questions to suit other times of the year, with other groups and even other subjects Student choose a number from 1 -36 - click on that and it takes you to the question Click back on the number to hyperlink back to the numbers screen - the number chosen is then not displayed so cannot be chosen again Use as team game or students could complete individually using mini white boards My wife says my rules are too complicated but you can easily change these to suit your class
roydenkeith
Microeconomics and Macroeconomics: Glossary

Microeconomics and Macroeconomics: Glossary

The Glossary for Microeconomics and Macroeconomics provides an authoritative source of definitions for the new A Level Economics courses. While previously only available as part of The A Level Economics Student Textbook and Revision Guide, it’s been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades.
JHSimmons
Macroeconomics: Aggregate Demand and Aggregate Supply

Macroeconomics: Aggregate Demand and Aggregate Supply

Aggregate Demand and Aggregate Supply is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Macroeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different macroeconomics indicators to the various types of protectionism, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Macroeconomics as a whole is 100% compatible with the OCR course, 94% compatible with the AQA course and 98% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Macroeconomics: Macroeconomic Indicators

Macroeconomics: Macroeconomic Indicators

Macroeconomic Indicators is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Macroeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different macroeconomics indicators to the various types of protectionism, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Macroeconomics as a whole is 100% compatible with the OCR course, 94% compatible with the AQA course and 98% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Macroeconomics: Macroeconomic Policy Instruments

Macroeconomics: Macroeconomic Policy Instruments

Macroeconomic Policy Instruments is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Macroeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different macroeconomics indicators to the various types of protectionism, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Macroeconomics as a whole is 100% compatible with the OCR course, 94% compatible with the AQA course and 98% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Macroeconomics: The Financial Sector

Macroeconomics: The Financial Sector

The Financial Sector is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Macroeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different macroeconomics indicators to the various types of protectionism, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Macroeconomics as a whole is 100% compatible with the OCR course, 94% compatible with the AQA course and 98% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Macroeconomics: The Global Context

Macroeconomics: The Global Context

The Global Context is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Macroeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different macroeconomics indicators to the various types of protectionism, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Macroeconomics as a whole is 100% compatible with the OCR course, 94% compatible with the AQA course and 98% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Microeconomics: Business Economics and Market Structures

Microeconomics: Business Economics and Market Structures

Business Economics and Market Structures is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Microeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different market structures to the various types of government intervention, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Microeconomics as a whole is 100% compatible with the OCR course, 89% compatible with the AQA course and 86% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Microeconomics: Demand and Supply

Microeconomics: Demand and Supply

Demand and Supply is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Microeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different market structures to the various types of government intervention, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Microeconomics as a whole is 100% compatible with the OCR course, 89% compatible with the AQA course and 86% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Microeconomics: Labour Markets

Microeconomics: Labour Markets

Labour Markets is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Microeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different market structures to the various types of government intervention, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Microeconomics as a whole is 100% compatible with the OCR course, 89% compatible with the AQA course and 86% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Microeconomics: Government Intervention and Market Failure

Microeconomics: Government Intervention and Market Failure

Government Intervention and Market Failure is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Microeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different market structures to the various types of government intervention, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Microeconomics as a whole is 100% compatible with the OCR course, 89% compatible with the AQA course and 86% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
Microeconomics: Scarcity and Choice

Microeconomics: Scarcity and Choice

Business Economics and Market Structures is a chapter featured in The A Level Economics Student Textbook and Revision Guide: Microeconomics, which has been made available here as a standalone download for those uninterested in purchasing the entire book. Carefully crafted by a former student, this chapter has been designed with a plethora of features to help OCR, AQA and Edexcel A students achieve the top grades. Model Explanations: To ensure quality over quantity, this chapter has made a painstaking effort to explain economic concepts with concision while including all the key points. Current Examples: This chapter uses current and topical examples to illustrate economic concepts and help students apply them to the real world. Furthermore, model explanations have been structured to allow students and teachers to easily substitute their own examples in place of those already given. Digital Diagrams: This chapter includes every relevant diagram for this part of the A Level Economics, which have been digitally-drawn clearly and simply to provide an authoritative resource for students and teachers alike. Benefits, Drawbacks and Evaluation: From the different market structures to the various types of government intervention, this chapter has summarised the most important benefits, drawbacks and evaluative points in a straightforward table layout. Written According to Spec: The A Level Economics Student Textbook and Revision Guide: Microeconomics as a whole is 100% compatible with the OCR course, 89% compatible with the AQA course and 86% compatible with the Edexcel A course. Due to the small differences between the courses, the Guide could never meet the exact requirements for all three A Level Economics specifications, but it nevertheless covers all the main points for both AQA and Edexcel A.
JHSimmons
The World News Crossword - May 20th, 2018

The World News Crossword - May 20th, 2018

The World News Crossword - May 20th, 2018 is a teaching and learning activity based on the events of last week’s news. There is a crossword on last week’s news events, there are two background/explainer search and cloze puzzles (The Venezuela crisis and Jerusalem), and there is another crossword based on a country mentioned in the news crossword (this week it’s Comoros). What happened in last week’s news? India inaugurated a hydro-electric dam that prompted protests from Pakistan because it affects water flowing into the Indus River. Ebola cases were reported in the Democratic Republic of the Congo and 4000 vaccine doses arrived in Kinshasa. Comoros’ ex-president was arrested on charges relating to selling citizenship. Malaysia’s ex-PM’s residence was raided of bags of cash and jewelry. A mountain lion killed a mountain biker in the US. Hawaii’s volcano erupted, prompting more evacuations. Australia and the US were the only countries to vote against a UN investigation into the Israeli killings of Palestinians in Gaza. The two background/explainer puzzles aim to teach more about ongoing news stories. This week there is an explanation of why Jerusalem is central to the Middle East troubles. There is also an explanation of Venezuela’s economic and human crisis. These puzzles are excellent for driving students’ research skills. When students work in small groups they learn cooperation and team work. They help with concentration and, of course, handwriting. But best of all, these puzzles generate real-world discussions. The students leave the less asking questions like, ‘Why would North Korea even want nuclear weapons and why does the US care?’ ‘Why does China want a military base in the South China Sea?’ ‘Why have some UK supermarkets added a ‘plastic-free’ label on some products?’
BFP
A Level Economics - Game Theory

A Level Economics - Game Theory

An introductory lesson on the concept of Game Theory and the Nash Equilibrium. The lesson is interactive with the students participating in some Game Theory games before looking at some of the concepts around the topic and and how to construct a basic playoff matrix.
allred
BUSINESS Assessment: 5 Finance - GCSE Homework Booklet

BUSINESS Assessment: 5 Finance - GCSE Homework Booklet

GCSE BUSINESS Assessment / Homework Booklet Assessment Booklet specifically developed for Unit 5. Finance of the OCR GCSE BUSINESS (9-1) specification (J204 - for first assessment in 2019). It is composed out of past paper questions taken from the 2x sample papers released by OCR, together with a number of questions from the old OCR Business Studies specification. Each section has a breakdown of what students are required to learn, and all questions include shared success criteria to enable students to become familiar with mark schemes. This resource has been created to save you time in developing fit-for-purpose student assessment for the OCR GCSE BUSINESS (9-1) course. Please take a look at my other resources (Complete set of Assessment Booklets + Tracking Sheet also available).
cmanbrink