Economics A-Level: Key A2 Microeconomics diagrams Show how public goods cause market failure/ Show how negative externalities in consumption (e.g. cigarettes) cause market failure/ Show how a rise in productivity due to better training affects employment and productivity levels in a labour market/ Draw a diagram(s) to explain why doctors are paid more than hospital workers/ Draw a diagram to show how the minimum wage affects wages and employment/ Show how cash benefits can reduce income inequality/ Draw a diagram to show the impact of a monopsony employer on wages and employment / Law of diminishing marginal returns/ Marginal and average product/ Total product/ Short run total cost curves exercise/ Short run cost curves exercise/ Short run shut down condition/ Long run average cost (LRAC) curve/ Long run average cost (LRAC) curve/ The relationship between the short run average cost curve and the long run average cost curve/ Revenues – perfect competition/ Revenues – imperfect competition/ Technological change improving consumer surplus/ Technological change and market structure/ Technological change and market structure/ A perfectly competitive market/ A perfectly competitive market for apples/ A perfectly competitive market for apples/ A Monopoly firm/ Monopoly vs. PC market/ Monopoly and x-efficiency/ Monopoly and Economies of Scale/ Natural monopoly/ First degree (perfect) price discrimination/ Second degree price discrimination - Peak and Off Peak Pricing/ Third Degree Price Discrimination/ Monopoly/ Alternative objectives/public vs private ownership/ Some effects of regulation on competition/ Oligopolistic firm – the kinked demand curve theory/ Collusive Oligopoly/ Contestable markets: the impact of making markets more contestable/ Normal Profit Contrasted with Profit Maximisation/ (Entry) Limit Pricing
At Scoodle we understand that everyone learns in a different way. Some people learn through practice, using essays and notes; others prefer video lessons to watch and learn, while some learn best 1-on-1 sessions.
At Scoodle we cater for all types of learning styles and needs. From GCSE Maths video lessons to A-level English essays and specialist educators in every subject - we've got you covered.
Resources on Scoodle help you learn and are free! All you need to do is sign up and you can save view and share as many as you like