Unit 1 Lesson 4 YED Income Elasticity of DemandQuick View
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Unit 1 Lesson 4 YED Income Elasticity of Demand

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This economics lesson covers the factors that determine income elasticity of demand, how to calculate YED and how to answer classic exam style questions. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.5 Edexcel A level 1.2.3 AQA A level 3.1.2.2. OCR A level 2.6 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 7 PES Price Elasticity of SupplyQuick View
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Unit 1 Lesson 7 PES Price Elasticity of Supply

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This economics lesson explains price elasticity of supply, how to calculate the value numerically, how to interpret the values and the factors that determine elasticity of supply. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.4 Edexcel A level 1.2.5 AQA A level 3.1.2.4 OCR A level 2.6 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 2 UtilityQuick View
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Unit 1 Lesson 2 Utility

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This lesson explores the concept of diminishing marginal utility. Consumer behaviour theory tells us that consumers maximise their utility. This lesson also covers how consumers allocate their budget to purchase a combination of goods. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 1.6 Edexcel A level 1.2.2 AQA A level 4.1.2.1 OCR A level 2.7 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 5 XED Cross Elasticity of DemandQuick View
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Unit 1 Lesson 5 XED Cross Elasticity of Demand

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This economics lesson covers the factors that determine cross price elasticity of demand, how to calculate XED and how to answer classic exam style questions. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.5 Edexcel A level 1.2.3 AQA A level 3.1.2.2. OCR A level 2.6 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 8 Disequilibrium  and the Price MechanismQuick View
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Unit 1 Lesson 8 Disequilibrium and the Price Mechanism

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This economics lesson explains the impact of disequilibrium and the functions of the price mechanism This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.7 Edexcel A level 1.2.7 AQA A level 3.1.5.1 OCR A level 2.5 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 3 PED Price Elasticity of DemandQuick View
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Unit 1 Lesson 3 PED Price Elasticity of Demand

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This economics lesson covers the factors that determine elasticity, examples of price changes in an elastic and inelastic good, the effect on total revenue, and a practice question. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.3 Edexcel A level 1.2.3 AQA A level 3.1.2.2. OCR A level 2.6 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 6 SupplyQuick View
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Unit 1 Lesson 6 Supply

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This economics lesson explains the shape of the supply curve, the equilibrium, movements along the supply curve and the factors that shift supply. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.2 Edexcel A level 1.2.4 AQA A level 3.1.2.3 OCR A level 2.3 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Flash CardsQuick View
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Unit 1 Flash Cards

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A collection of microeconomic revision flash cards that cover the key concepts from the following topics: Demand, Utility, PED, XED, YED, PES, Supply, Functions of the price mechanism, Consumer and Producer Surplus. I have included a PPT ready to click through in class and a version that is easy to print the flashcards from. The mnemonics match the ones taught in Unit 1 of MinuteMicroMacro
Unit 1 Lesson 9 Consumer and Producer SurplusQuick View
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Unit 1 Lesson 9 Consumer and Producer Surplus

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This economics lesson explains consumer and producer surplus. We will cover how to recognise changed in surplus as a result of shifts in supply and demand. You will learn how to calculate the value of the surplus and have a go at some exam style questions. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube. If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. AP Topic 2.6 Edexcel A level 1.2.8 AQA A level 4.1.5.11 OCR A level 2.4 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.
Unit 1 Lesson 1 DemandQuick View
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Unit 1 Lesson 1 Demand

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This microeconomics lesson will teach the factors that cause a movement along a demand curve and the factors that will cause a demand curve to shift. This is a fully resourced lesson that includes starter activity, examples, questions, answers and worksheet. If you are a new teacher there is a demo video on youtube: If you are an experienced teacher this unit could be set as pre-learning over the holidays or as a cover lesson with a non specialist teacher who can play and pause the video. This lesson is designed as the first lesson of economics and so is appropriate for both A level and GCSE AP Topic 2.1 Edexcel A level 1.2.2 AQA A level 3.1.2.1 OCR A level 2.2 These exam boards are trademark registered and were not involved in the production of these lessons, and they do not endorse these lessons.