Notesale: Turn your study into money

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Final Revision Timetable
Day/Week

Topic
Unit

Key Content
Prepare resources and self test (To make sure you
know it!)

W/C
3 Feb

Consumer
Behaviour
Theme 1



Analysis of reasons why consumers may not
behave rationally: habitual behaviour, influence
of other people’s behaviour and computation
problems

Integration
(mergers and
demergers)
Theme 3



Distinction between organic, horizontal, vertical
and conglomerate business growth
Advantages and disadvantages of each type of
business growth
Constraints on business growth
Demergers – reasons and impacts of demergers
on consumers, businesses and workers





W/C
10 Feb

Oligopoly
Theme 3






Characteristics
Kinked Demand Theory
Calculations of concentration ratios
Types of price and non-price competition

Positive/
Normative
Statements
Theme 1



Distinction between positive and normative
statements
Role of valued judgments in economic decision
making

Revenue and
Costs
Theme 3








Formula relating to TR, AR and MR
Diagrams and calculations to show the
relationship between PED and revenue
Diagrams and formula relating to TC, TFC, TVC,
AC, AFC, AVC, MC

Possible Questions?
Identify any possible
questions that could be
asked on this topic
...
4
W/C
24 Feb

MOCK NO
...

Also identify relevant
Theories

Resource
Complete

Self test
?
Complete

and the different views of managers and
shareholders
Thursday

Constraints on
development
Theme 4





HDI, IHDI, Multidimensional Poverty Index
Advantages and limitations of HDI
Constraints: PPD, Price Volatility, Savings Gap,
Foreign Currency Gap, Debt, Access to Credit,
Education, Absence of Property Rights i
...

Zimbabwe

Friday

Economic
Growth
Theme 2



Distinction between real and nominal GDP and
value/volume
GNP and GNI
Purchasing Power Parity
Limitations and use of GDP to measure living
standards
National Happiness






Saturday

Sunday

Recap on
Revision from
Week 1
All Themes
Trade blocs
Theme 4



Return to all revision resources produced and
self-test to ensure you still know it!



Types of trade blocs: free trade areas, customs
unions, common markets, monetary unions
Costs and benefits of trade blocs
Costs and benefits of monetary union



Monday
W/C 9
March

Positive and
Normative
Statements
and Division of
Labour
Theme 1






Distinction between positive and normative
statements
Role of valued judgments in economic decision
making
Adam Smith’s pin factory and division of labour
Advantages and disadvantages of division of
labour

Tuesday

Revenue and
Costs
Theme 3





Wednesday Growth of
Firms and
Economies of
Scale
Theme 3







Thursday

WTO and
Protectionism
Theme 4







Friday

Inflation
Theme 2






Formula relating to TR, AR and MR
Diagrams and calculations to show the
relationship between PED and revenue
Diagrams and formula relating to TC, TFC, TVC,
AC, AFC, AVC, MC
Reasons for why some firms grow
Distinction between public/private and
profit/not-for-profit organisations
Types of internal and external economies of
scale
Types of diseconomy of scale
Diagrams and link to MES
Role of the WTO
Conflicts between regional trade agreements
and the WTO
Reasons for protectionism
Types of protectionism
Impacts of protectionism on consumers,
producers, governments, living standards and
equality
Definitions: disinflation, deflation and inflation
Measures of inflation: RPI and CPI
Process of calculating the CPI and analysis of
the limitations
Causes and effects of inflation

Saturday

Recap on
Revision from
Week 1 and 2
All Themes



Return to all revision resources produced and
self-test to ensure you still know it!

Sunday

Intervention to



Market approaches: trade liberalisation,

Promote
Development
Theme 4






Monday
W/C 16
March

Externalities
Theme 1






Tuesday

Perfect
Competition
Theme 3

External costs and benefits, private costs and
benefits and social costs and benefits
Use of diagrams
Impact on consumers, producers, government,
firms and workers in different markets
Methods of government intervention to correct
for market failure
Characteristics
Diagrams to explain the difference between the
SR and LR positions

MOCK NO
...
e

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