Blog resource for 6th Form, with contributions from teachers and students.
Quote of the day
“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes
Sunday, 17 April 2016
A2 revision videos from tutor2u
Don't miss: Still places left on our A2 Economics revision workshops... ›
Current Account Deficits (Balance of Payments)
Revision videos
This topic video looks at the structural and cyclical causes of current account deficits and also why a current account deficit can matter for an economy
Balance of Payments - Current Account Surpluses
Revision videos
This topic video looks at countries who run current account surpluses on their balance of payments. It focuses on the structural and cyclical causes of surpluses and the economic significance...
Introduction to the Balance of Payments Accounts
Revision videos
This Year 2 Macroeconomics topic video looks at the make up of the balance of payments and in particular the difference between the current account and the financial account.
Price Elasticity of Demand
Revision videos
This topic video looks at the basics of price elasticity of demand and the factors that influence the coefficient of elasticity.
Consumer and Producer Surplus
Revision videos
This topic video introduces students to consumer and producer surplus and looks at how shifts in market demand and supply affect consumer and producer surplus.
Explaining Price Elasticity of Demand
Study notes
Price elasticity of demand measures the responsiveness of demand after a change in a product's own price.This is perhaps the most important microeconomic concept that you will come across...
Income Elasticity of Demand
Revision videos
This topic video looks at income elasticity of demand and in particular the distinction between normal and inferior goods.
Positive and Normative Statements
Revision videos
This short topic video makes a distinction between positive and normative statements
Applying Game Theory in A Level Economics
Revision videos
This video looks at some applications of game theory to issues in A level economics
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