I have written a full mock exam paper for the New AQA specification - take a look! Macro Paper 2

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: 1) To understand the key terminology: Production, Productivity, Specialisation and Division of Labour. 2) To apply those terms to a practical example 3) Assess how production and productivity can be increased

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

1) To understand and apply economies and diseconomies of scale 2) To apply, represent and interpret long run costs diagrammatically 3) To understand and calculate revenue

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: 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

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

A complete revision of AS diagrams with answers inserted (Macro and Micro). 51 diagrams

Puzzle based on AS exam multiple choice questions.

Puzzle based on AS Exam multiple choice questions.

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.

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.

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, 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

Economics Monetary Policy - 3 lessons - A2/Yr2 Theory, activities, videos and assessment. Lesson 1 1) To understand the interaction of money supply and demand 2) To understand and apply the objectives of Monetary Policy 3) To apply modern methods (instruments) of money supply and its consequences Monetary base control Open Market Operations (OMOs) Setting interest rates Lesson 2 To demonstrate the relationship between interest rates and exchange rates through linked analysis To understand the transmission mechanism To apply and analyse monetary policy in view of the mechanism Lesson 3 To review, apply and analyse monetary policy in view of the transmission mechanism To develop arguments for and against monetary policy for use in evaluation To attain a brief knowledge of monetary policy history

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

AS/Yr1 Economics Lesson 1: To understand and apply the stock and flow of an economy Develop your understanding of the two and three sector model. Apply, analyse and evaluate the sector model Lesson 2: To understand and apply the four sector economic model Analyse the consequences of changes in the flow and evaluate the sector model To Revise the model Activities, theory, video, assessments and worksheets.