A bunch of related Microeconomic topics in one!
Powerpoint presentation embedded with key microeconomic diagrams and different activities.
A student worksheet linked to the powerpoint is provided.
Link between diminshing returns and average costs
Costs (Average costs and Marginal costs)
Costs (Fixed, Variable and Total costs, short term versus long term costs)
Revenues (Average revenue and Marginal revenue)
Profit maximisation (MR = MC)
Growth of Firms (Mergers and Takeovers)
Efficiencies (Productive, Allocative, X-efficiency, Dynamic efficiency, pareto efficiency)
This resource is linked directly to another resource available to purchase: My Market Structures resource which is a follow on after this resource.
If you like these Economic resources, why not consider my A Level Economic student revision guide which is also great for a topic summary. Its directed at WJEC / Eduqas but suitable for all exam boards.
Hope you find this useful and please leave a review.