To understand, calculate and apply TOT

Learning Objectives To understand absolute advantage and comparative advantage To apply the theories through calculation and diagrammatical analysis To evaluate comparative advantage

Calculate, Reverse Calculate and Interpret. With additional activities Weighting and Inflation. Includes: Theory and many differentiated activities (individual, paired and group)

MCQ and Knowledge questions for starter to ppt lesson 2

Review types of goods and demand What is Supply? What’s the relationship between supply and price? What is the relationship between supply and other variables Whole lesson: Theory, activities, MCQ questions, assessment and exam technique.

1) The nature and purpose of economic activity 2) What are Economic resources and scarcity? 3) To understand and apply the economic problem Whole lesson: theories and activities worksheet for starter available separately.

Introduction to Economics, including Macro and Micro with supporting resources. (whole lesson) A taster/introductory lesson, that combines discussion activities, an article activity and a game based activity. These explain the nature of economics, introductory economic concepts such as needs & wants, scarcity, opportunity cost etc. It also gives a brief taste of Microeconomics and Macroeconomics. Supporting notes are included in the ppt.

To understand the Bank of England’s Objectives and policy instruments To analyse and evaluate how the Bank of England’s policy instruments influence Macro economic Theory, activities and assessment

To understand the nature of the course and expectations (AQA) To understand ‘What is Economics?’ and apply it To understand ‘The methodology?’ and apply it Includes: Ice breaker starter, theory, activities and links to videos

Learning Objectives: How does trade deflection work? What is trade creation and analyse its impact? What is trade diversion and analyse its impact?

To understand the nature of exchange rates To apply reciprocal movements To understand what causes currencies to change in value (floating exchange rate) To link (An) and evaluate the cause and consequences of changes in value.

Diagrams revision notes: Merit, Demerit, Pos & Neg ext in consumption Government Intervention applied to Merit, demerit, Pos & Neg ext in consumption.

Define equilibrium in a market and how it is achieved Explain how changes in demand and Supply can cause disequilibrium and how the market establishes a new equilibrium Understand inter-market relationships Demonstrate the interrelationship of markets through diagrams

Learning Objectives: To understand the factors that give rise to the monopoly position and its power To apply those factors to real market examples To analyse the consequences of monopoly power

Elasticity puzzle and answers accompanies 2.6 Price Elasticity of Supply - lesson 6 revision of all types of elasticity.

Learning Objectives: 1) To review the key terminology: Production, productivity, Specialisation, Division of Labour and Exchange. 2) To calculate costs and represent diagrammatically 3) To understand the nature of costs over output

Understand what makes a competitive market? What objectives might a firm have? Calculate the nature of revenue in a perfect/competitive market Be able to explain why a market might behave in this way

Learning Objectives: 1) To understand the other types of Exchange Rates 2) Analyse and Evaluate the manipulation of Exchange Rates 3) To review the impact of the ERM

1) An overview of the EU Understanding of the institutional structure of the EU, notably the role of the European Commission and the European Central Bank. 2) To understand and debate the key arguments for and against a Single European Market.

Puzzle based on AS exam multiple choice questions.