Table of Contents

  1. Topic pack - Microeconomics - introduction
  2. Terms and definitions
    1. Microeconomics - key terms
  3. Games and activities
    1. Tic Tac Toe
    2. Flash cards - microeconomics
    3. Quizzes
    4. Crosswords & wordsearches
  4. Section 2.1 Markets - notes
    1. Markets
    2. Market structure
    3. The importance of price as a signal
    4. Demand
    5. Example - shifts and movements along a demand curve
    6. Exceptions to the normal law of demand
    7. Supply
    8. Example - shifts and moves of supply curve
    9. Interaction of demand and supply
    10. Example 1 - the market for DVD players
    11. Example 2 - the market for fish
    12. The impact of taxation
    13. The impact of subsidies
    14. Price controls
    15. Maximum - prices-set below the equilibrium
    16. Minimum prices - above the equilibrium
    17. Intervention in agricultural markets
    18. Commodity agreements
  5. Section 2.1 Markets - questions
    1. Market structures - self-test questions
    2. Market structure - short answer
    3. Markets - essay
    4. Price as a signal - short answer
    5. Demand - self-test questions
    6. Demand - short answer
    7. Supply - short answer
    8. Demand and supply - short answer
    9. Markets and prices - self-test questions
    10. Demand and supply - data response
    11. Price controls - short answer
    12. Agricultural markets - essay
  6. Section 2.1 Markets - in the news
    1. Oil - the rise and rise
    2. Cheap petrol
    3. Feed the world
    4. Cry for me Argentina
    5. Bolivian fuel shortages
    6. Cheddar hits 2000 a tonne
    7. The big freeze
    8. The aftermath of hurricanes
    9. How much is a 2p worth? Actually 3p
    10. Japanese rice subsidies
    11. Coffee shortages in Venezuela
    12. Labour mobility
  7. Section 2.1 Markets - simulations and activities
    1. PlotIT - Build a demand curve
    2. AnimateIT - Markets and prices
    3. PlotIT - Build a demand and supply diagram
    4. DragIT - Demand and supply
    5. Diagram toolkit
    6. Air travel (1)
    7. Air travel (2)
    8. Air travel (3)
    9. iPods (1)
    10. iPods (2)
    11. iPods (3)
    12. DragIT - Tax revenue
    13. DragIT Maximum prices
    14. DragIT - Intervention in agricultural markets
    15. DragIT - Intervention in agricultural markets (2)
  8. Section 2.2 Elasticities - notes
    1. Price elasticity of demand
    2. Cross elasticity of demand
    3. Income elasticity of demand
    4. Price elasticity of supply
    5. Applications of demand and supply
    6. The real supply curve?
    7. Applications of concepts of elasticity
    8. PED and taxation
    9. Other applications of elasticity
    10. PED and business decisions
    11. XED and business decisions
    12. YED and business decisions
  9. Section 2.2 Elasticities - questions
    1. PED - short-answer
    2. Price, income and cross elasticity - self-test questions
    3. PES - short answer
  10. Elasticities - in the news
    1. Rice - the staple food
    2. Elastic iPods
    3. The rising cost of giving thanks
    4. Charley and Wilma blamed for spiking orange juice
    5. Mayday, mayday
    6. Coffee prices hit seven year high
    7. SUV's - cross elastic?
    8. I'm dreaming of a lardy Christmas - the market for lard
    9. Price elasticity of private school
    10. A premier rip-off? - Football ticket prices
    11. Tracking supply and demand through seafood menus
    12. Oil prices - price of oil tops $67 a barrel
    13. Smoking becoming more elastic?
    14. Is a price always what it seems?
    15. Income elasticity of demand
    16. Winners take all in rockonomics
  11. Section 2.2 Elasticities - simulations and activities
    1. DragIT - Calculating elasticity
    2. DragIT - Elasticity
    3. DragIT - Incidence of tax
  12. Section 2.3 Theory of the firm - notes (HL only)
    1. Cost theory
    2. Short-run
    3. Long-run
    4. The very long run
    5. Revenues
    6. Profit maximisation
    7. Other objectives
    8. Perfect competition
    9. Efficient allocation of resources
    10. Monopoly and oligopoly - introduction
    11. Growth and power
    12. The model of monopoly
    13. Monopoly v. perfect competition
    14. Economic efficiency in perfect competition and monopoly
    15. Monopolistic competition
    16. Oligopoly
    17. Advertising
    18. Branding
    19. Product innovation
    20. Theories of oligopoly
    21. Forms of collusion
    22. Contestable markets
    23. Price discrimination
    24. Alternative aims of firms
  13. Section 2.3 Theory of the firm - questions (HL only)
    1. Short-run - numerical
    2. Short-run - short-answer
    3. Long-run - short answer
    4. Cost theory - numerical
    5. Cost theory - short-answer
    6. Costs and cost curves - self-test questions
    7. Revenues - numerical
    8. Profit maximisation - short answer
    9. Revenue and profit - self-test questions
    10. Perfect competition - numerical
    11. Perfect competition - short answer
    12. Perfect competition - self-test questions
    13. Monopoly and oligopoly - short answer
    14. Monopoly - short answer
    15. The model of monopoly - self-test questions
    16. Economic efficiency - short answer
    17. Oligopoly - short answer
    18. Contestable markets - short answer
    19. Price discrimination - short answer
    20. Theory of firm - essay
  14. Section 2.3 Theory of the firm - in the news (HL Only)
    1. The big giveaway
    2. Fixing it transparently
  15. Section 2.3 Theory of the firm - simulations and activities (HL only)
    1. AnimateIT - Short-run total cost curve
    2. DragIT - Revenue curves (1)
    3. DragIT - Revenue curves (2)
    4. PlotIT - Profit maximisation
    5. DragIT - Perfect competition
    6. AnimateIT - Perfect competition
    7. DragIT - Monopoly (1)
    8. DragIT - Monopoly (2)
    9. AnimateIT - Monopoly
    10. DragIT - Welfare loss under monopoly
    11. AnimateIT - Monopolistic competition
  16. Section 2.4 Market failure - notes
    1. Positive and negative externalities
    2. How do externalities affect allocative efficiency?
    3. The economic theory of traffic congestion
    4. Possible government responses to externalities
    5. Direct government provision
    6. Extension of property rights
    7. Taxes and subsidies
    8. Tradeable pollution rights
    9. Regulation, legislation and direct controls
    10. Public goods
    11. Merit goods
    12. Government responses - merit goods
    13. Demerit goods
    14. Government responses - demerit goods
    15. Abuse of monopoly power
    16. Inequality
  17. Section 2.4 Market failure - questions
    1. Market failure - short answer
    2. Externalities - short answer
    3. Externalities & allocative efficiency - short answer
    4. Externalities - self-test questions
    5. Public goods - short answer
    6. Merit goods - short answer
    7. Demerit goods - short answer
    8. Types of goods - self-test questions
    9. Government responses - short answer
  18. Section 2.4 Market failure - in the news
    1. Plastic bags - carrying the weight of the environment?
    2. Bio-fuels - friend or foe?
    3. Cement - the hidden polluter?
    4. Pig fat into bio-diesel
    5. African roses - red or green
    6. Congestion charging
    7. Putting a price on carbon
    8. Climate costs: the next generation
    9. Cost of saving the planet: a year's growth
    10. The rush to find Jade
    11. Chopsticks tax
    12. Domestic tradeable quotas
    13. Taxing light bulbs - there's an idea
    14. 4x4 by far - four wheel market failure
    15. Teaching 'white van man' how to drive
    16. Trading pig excrement - a particularly shitty form of market failure
    17. The chemistry of a cartel
    18. Road charging
    19. Sugary taxes
    20. The carbon trade
  19. Section 2.4 Market failure - simulations and activities
    1. AnimateIT - Externalities
  20. Print View