Basic introduction to revenue, costs (fixed and variable) and profit. Formulas and written descriptions.

3 lessons linked to A level Edexcel Economics. Aid, Aid v Trade and Debt Relief.

Definition of Politics. Power v Authority with examples. A solid introduction to the subject at A level.

Definitions of revenue, variable and fixed costs with tasks related to drawing these as lines on a chart building up to drawing a simple Break-even chart from scratch.