A-Level - Ecoonmics - Micro - Production & Efficiency Summary

*** NEW RESOURCES!***
*** DOUBLE-RESOURCE***
*** SPECIAL EDITION ***

The perfect revision sources for students looking to secure their knowledge on the essential stuff in A-Level Economics
(or any other higher education)

A ONE-STOP REVISION SOURCE ON A SINGLE PIECE OF A4 PAPER!

Included in this special double resource is:

Production Summary:

• The Factors of production (FOP)
• Specialisaiton
• Division of Labour (DOL)
• Concept links to PPF
• SRAC vs. LRAC
• Productive Efficiency
• Fixed, Variable & Total Costs
• Economies & Diseconomies of Scale
• Internal vs. External EOS
• Other types of EOS
• Cost curve diagrams

Efficiency Summary:

• Productive efficiency
• Allocative Efficiency
• Static Efficiency
• Dynamic Efficiency
• Social Efficiency
• Pareto Efficiency
• Distributive Efficiency
• X-inefficiency
• X - Efficiency
• The role of incentives
• Perfect Competition vs. Monopoly in efficiency
  -**DIAGRAMS INCLUDED **

Whether it be a student or teacher, having all the necessary information on a single sheet is perfect for revision material.
This resource is optimised for the AQA specification; however it is also appropriate and extremely useful for other boards including OCR, Edexcel, WJEC, Eduqas and many more.