EdGenie - A Level Economics Course

22nd September- 25 marker essays

090622 - OCR Paper 3 Exam Prep

020622 - OCR - Paper 2 Revision Prep Tutorial

19th May OCR Paper 1 - Last min Preparation- Exam Focus!

15th May - Macro Hot Contexts - Mastering Detail - Macroeconomic Linkage

11th May - Micro Hot Contexts - Mastering detail in your answers

May - Essay Practice (Macro) With Recent Events (Part 1 - Specialisation, Free Trade, Globalisation)

May - Essay Practice (Macro) With Recent Events (Part 2 - Specialisation, Free Trade, Globalisation)

May - Essay Practice with Recent Events (Government Intervention - Micro Edition)

March - Master Your Paragraphs with these simple steps P1

March - Master Your Paragraphs with these simple steps P2

February: Bonus LiveStream - What was done Right? What was done Wrong? How to Change your answer? Part 1

February: Bonus LiveStream - What was done Right? What was done Wrong? How to Change your answer? P2

February - 25 marker tips (2 points versus 3 points) - Globalisation questions and Prebisch Singer Hypothesis

February - Perfect Your Application and Analysis Live Tutorial 14022022 - How to Integrate your Application with your Analysis! How to Use Diagrams in context!

January - How to analyse and Evaluate with Context, How to review and read a Data Response - 27th January (Year 13)

January - How to structure 25 markers, Inflation 25 marker - How to Analyse and Evaluate 24th January - Year 12 content

Christmas Quiz Y13

Christmas Quiz Y12

November Y13 Tutorial -Exchange Rate Depreciation - Perfect Competition - Efficiency

November Q & A post tutorial - Some Metaverse and Crypto Talk Y13

November Y12 Live Tutorial - Inflation at 4.2%, Macroeconomic objectives, multiplier effect 1

Half Term Special - 28th October (Elon Musk - Too wealthy. Profit Maximisation Essay. Globalisation essay

Half Term Special - 25th October - Exam practice (Elasticity, Policies to reduce Structural Unemployment, How to write a conclusion)

AS Material - Year 12 - Live Webinar 7th April 2021

A2 Material - Year 13 - 7th April 2021- Exam Question Practice

11am --> 7th April- AS (Year 12) topics: Microeconomics and Macroeconomics

2pm --> 7th April- A2 (Year 13) topics: Microeconomics and Macroeconomics

A2 Material - Year 13 - 21st March 2021- Exam Question Practice

AS Material - Year 12 - Live Webinar 21st March 2021- Exam Question Practice

A2 Material - Year 13 - 19th February 2020 - Exam Question Practice

AS Material - Year 12 - 15th February 2020 - Exam question practice

AS Material - Year 12 - 19th February 2020 - Exam Question Practice

A2 Material - Year 13 - 15th February 2020 - Exam Question Practice

A2 material: 24th January 2021 - Zoom Webinar - Playback

Year 12: 21st November - Zoom Webinar - Playback

Year 13: 21st November - Zoom Webinar -Playback

Year 13 19th December 2020 Playback

AS material: 24th January 2021 - Zoom Webinar - Playback

Y12 Material - Live Monthly Tutorials 270921

27092021 Y13 2 (Exam Technique)

Year 12: 19th December Webinar - Playback

March - Building Your Quantitative skills & Interpreting Your Graphs

Easter Revision Walkthrough - OCR Paper 1

Easter Revision Walkthrough - OCR Paper 2

Easter Revision Walkthrough - OCR Paper 3

Paper 1 - OCR - Essay Practice Questions

Paper 2 - OCR - Essay Practice Questions

4 Pillars of Economics - K A A E

OCR - Where do the marks come from?

Introduction - How to answer MCQs

OCR - Where are the MCQs in my exam?

Process of Answering MCQs

MCQ - PPF

MCQ - Elasticity

MCQ - Monopolistic Competition

MCQ - MacroEconomic Performance

MCQ - MacroEconomic Performance p2

How to Evaluate - WEESTEPS

Investment Q - How to Evaluate

Income Inequality Q - How to Evaluate

Collusion Q- How to Evaluate

Into - How to write perfect Conclusion

Answer The Question - How to write the perfect conclusion

Justify Your Decision - How to write perfect Conclusion

Has this happened in the Real World? - How to write perfect Conclusion

What is the most significant factor? - How to write perfect Conclusion

What does your Decision Depend on? - How to write perfect Conclusion

How to write perfect conclusion - Example 1

How to write perfect Conclusion - Example 2

How to write perfect Conclusion - Example 3

How to write perfect Conclusion - Example 4

GLOSSARY - Economics A Level

Formula Sheet

Connectives

Diagrams - Microeconomics (OCR)

Diagrams - Macroeconomics (OCR)

Economics Theories+

Country Profiles - United Kingdom (Developed)

Country Profile - Vietnam (Developing)

Country Profile - Turkey (Emerging)

Country Profile - China (Emerging)

Country Profile - Angola (Developing)

Country Profile - Zambia (Developing)

Country Profile - Peru (Developing)

Economics as a social science

Positive and normative economic statements

Positive and Normative - Application

Further Analysis and Evaluation Positive and Normative Economics

END OF TOPIC TEST: Positive and Normative Statement

The Economic Problem - FOPs, Opportunity Cost

END OF TOPIC TEST: The Economic Problem

Production possibility frontiers

How to Draw a Production Possibility Frontier

END OF TOPIC TEST: PRODUCTION POSSIBILITY FRONTIER

Types of Economy - Detailed Explanation (COMMAND/PLANNED ECONOMY)

Advantages and Disadvantages of Command/Planned Economy

Types of Economy - Detailed Explanation (MIXED ECONOMY)

Advantages and Disadvantages of Mixed Economy

Types of Economy - Detailed Explanation (FREE MARKET ECONOMY)

Advantages and Disadvantages of Free Market Economy

Application - Types of Economies

Application - Types of Economies PT 2

Quiz: Free market economies, mixed economy and command economy

Specialisation and the division of labour -Detailed Explanation

Specialisation and Division of Labour: Advantages and Disadvantages

Quiz: Specialisation and the Division of Labour

Detailed Explanation

Real World Application

Develop Diagrams

Price Elasticity of Demand: Detailed Explanation

Price Elasticity of Demand: Types of PED

Price Elasticity of Demand: Factors Influencing PED

Price Elasticity of Demand: Evaluation

Cross elasticity of demand: Detailed Explanation

Cross elasticity of demand: Evaluation

Income Elasticity of Demand: Detailed Explanation

Income Elasticity of Demand: Application

Income Elasticity of Demand: Evaluation

Detailed Explanation

Real World Application

How to Draw a Supply diagram

Types of Supply

Detailed Explanation

Different Types of PES

Factors Influencing Price Elasticity of Supply

Evaluation -Price Elasticity of Supply

Joint demand

Derived Demand

Composite Demand

Price Determination: Demand and Supply - Detailed Explanation

Application

END OF TOPIC TEST: DEMAND

End of Topic Test: Elasticities of Demand

End of Topic Test: Supply

End of Topic Test: Price Elasticity of Supply

End of Topic Test: Price Determination

Introduction

Detailed Explanation

Advantages and Disadvantages

End of Topic Test: Price Mechanism

Detailed Explanation and Developing Diagrams

Concept of Margin and Consumer Behaviour

Importance of Margin in Economic Decisions

Introduction to Market Failure

Introduction to Externalities

Detailed Explanation

Real World Application

Develop Diagrams

Detailed Explanation

Real World Application

Developing diagrams

Detailed Explanation

Application

How to Draw

Detailed Explanation

Real World Application

Developing Diagrams

Public Goods - Detailed Explanation

Private Goods

Quasi - Public Goods

Evaluation

End of Topic Test: Public Goods

Detailed Explanation

Top Grade Diagrammatical Analysis

Advantages and Disadvantages

Develop Diagrams

Real World Application

Evaluation

Subsidies - Detailed Explanation

Subsidies - Application

Subsidies - Advantages and Disadvantages

Subsidies - Evaluation

Detailed Explanation

Information Failure - How to Draw a Merit good Diagram (Information Failure)

Information Failure - How to Draw a Demerit good (Information Failure)

Evaluation

Government Intervention- Provision of Information

Provision of Information - Evaluation

Maximum Pricing - Detailed Explanation

Minimum Pricing - Advantages and Disadvantages

Minimum Pricing - Evaluation

Minimum Pricing - Detailed Explanation

Maximum Pricing - Advantages and Disadvantages

Maximum Pricing - Evaluation

TPP - Detailed Explanation - Diagrammatical Analysis

TPP - Evaluation

TPP - Advantages and Disadvantages

TPPs - Application

Regulation -Detailed Explanation

Regulation - Advantages and Disadvantages

Regulation - Application

PPP Detailed Explanation

PPP Evaluation

PPP Application

PPP Advantages and Disadvantages

Deregulation -Detailed Explanation

Deregulation - Application

Buffer Stock Schemes

Detailed Explanation - Competition Policy

Application - Competition Policy

Should the CMA intervene? - Competition Policy

Government Failure -Detailed Explanation

Foreign Aid a waste of money

Failure in Farm support

End of Topic Test: Intro to Market Failure

End of Topic Test: Externalities - Production & Consumption (Merit and Demerit goods)

End of Topic Test: Government Intervention in reducing Market Failure

End of Topic Test: Government Failure

Profit Maximisation

Sales Maximisation

Summary - Business Objectives

How to Draw - Profit, Revenue and Sales Maximisation

Principal-Agent Problem

Other Business Objectives

Factors influencing Business Objectives

Application - Business Objectives

Evaluation - Business Objectives

Detailed Explanation - Costs

Long Run Average Costs

Diminishing Marginal Returns

Evaluation - Costs and Revenues

End of Chapter Quiz: Costs

Detailed Explanation - Economies of Scale

Diseconomies of Scale

Detailed Explanation Total Revenue, Average Revenue and Marginal Revenue

Static v Dynamic Efficiency

Productive Efficiency

Allocative Efficiency

Dynamic Efficiency

X - Efficiency

Normal Profits,Supernormal Profits and Losses

Long Run and Short Run Shut Down Points

Role of Profit in the Market Economy

Characteristics of Perfect Competition

Perfect Competition in the Short Run

Perfect Competition - Long Run

Efficiency - Perfect Competition

Advantages and Disadvantages - Perfect Competition

Evaluation - Perfect Competition

End of Chapter Quiz: Perfect Competition

Detailed Explanation - Monopolistic Competition

Short Run v Long Run profitability - Monopolistic competition

Efficiency Short Run v Long Run - Monopolistic Competition

Advantages and Disadvantages - Monopolistic Competition

End of Chapter Quiz: Monopolistic Competition

Characteristics - Monopoly

Diagrammatical explanation - Monopoly

Efficiency - Monopoly

Advantages and Disadvantages - Monopoly

Evaluation - Monopoly

Natural Monopoly

End of Chapter Quiz: Monopoly

Detailed Explanation - Contestability

Implications and Significance of Contestability Markets

Real Life Application - Contestability

Evaluation - Contestability

Demand for Labour

Supply of Labour

Backwards bending Labour supply curve

Immobility of labour in Supply

Economic Rent and Transfer Earnings

Minimum Wage - Detailed Explanation - Advantages and Disadvantages - Evaluation

Minimum Wage - Impact depends on Elasticity of Demand

Maximum Wages - Detailed Explanation - Advantages and Disadvantages

Issues in the Labour Market via Application

Monopsony Power - Public Setter Wage setting

Trade Union effect on a Monopsony

END OF CHAPTER QUIZ: The Labour Market

Index Numbers

Detailed Explanation - Measures of Performance - Economic growth

Application - Measures of Performance Economic growth

Evaluation - Measures of Performance Economic growth

Purchasing Power Parity -Big Mac Index

End of Chapter Quiz: Economic Growth

Intro - National Income

Computation of GNI

Circular Flow of Income

Multiplier Effect

Other Macroeconomic Indicators

Limitations of National Income Data

Causes of Growth and Trade Cycle

Output Gaps

Characteristics Trade Cycle and Shocks

Impact of Economic Growth

Measures of Development

Development (Primary, Secondary and Tertiary Sector)

Sustainable Development Goals

Introduction - Employment and Unemployment

Measuring Unemployment

How to Construct - Labour employment and NRU

Natural Rate of Unemployment

Causes of Unemployment

Effects of Unemployment

Effects of Full Employment

Migration and Unemployment

Evaluation - Employment and Unemployment

End of Topic Test: Employment and Unemployment

Detailed Explanation - Inflation

Limitations of CPI and RPI

Demand Pull Inflation

Cost push inflation

Causes of Inflation - Growth in the Money Supply

Effects of Inflation

Causes of Deflation

Consequences of Deflation

Disinflation

HyperInflation

End of Topic Test: Inflation

Detailed Explanation - Balance of Payments

Balance of Payment - Measurements

Current Account - Capital Account - Financial Account

Current Account deficit

Cause of Current Account Deficit

Effects of a Current Account Deficit

Policies to Reduce a Current account Deficit

Evaluation - Current Account Deficit

Current Account Surplus

Causes of a Current Surplus

Effect of a Current Account Surplus

End of Topic Test: Balance of Payments

Trends in MacroEconomic Indicators

Introduction to Income and Wealth Inequality

Lorenz Curve and Gini Coefficient

Application - Inequality

Causes of Global Inequality

Causes and Effects of Inequality

Capitalism and Inequality

Policies to reduce Inequality and Poverty and their Evaluations

Introduction - Poverty

Causes of Relative Poverty

Causes of Absolute Poverty

Impact of Absolute and Relative Poverty

Application - Poverty

Absolute Poverty - Application

MultiDimensional Poverty Index

End of Chapter Quiz: Poverty and Inequality

Aggregate Demand - Detailed Explanation

How to Construct - AD and Classical AS

How to construct - AD and Keynesian

Negative and Positive Output Gaps

SRAS -Detailed Explanation

LRAS

Keynesian AS

Savings and Banking System in AS

Application LRAS

Detailed Explanation - Macroeconomic objectives

Conflicts between MacroEconomic Objectives

Long Run Phillips Curve

Introduction to - Fiscal Policy

Overview of Government Spending

Government Spending Application

Expansionary Fiscal Policy

Consequences of Budget Deficit

Benefits of a Budget Deficit

Office for Budget Responsibility

Contractionary Fiscal Policy

Evaluation - Fiscal Policy

Factors Influencing a Budget Deficit

Types of Taxation

Advantages and Disadvantages - Fiscal Policy

Detailed Explanation - Monetary Policy

Evaluation - Interest Rates

Money Supply (Quantitative Easing)

Advantages and Disadvantages - Quantitative Easing

Evaluation - Monetary Policy

Monetary Policy and Exchange Rates

Impact of Supply Side policies

Detailed Explanation - Supply Side Policies

End of Topic Test: Components of AD

End of Topic Test: Aggregate Demand and Supply

End of Topic test: Fiscal and Monetary Policy

End of Topic Test: Supply Side Policies

Introduction - Specialisation and Trade

Detailed Explanation - Absolute and Comparative Advantage

Advantages and Disadvantages - Specialisation and Trade

Application - Specialisation and Trade

Assumptions - Specialisation and Trade

Factors influencing the pattern of trade between countries

End of Chapter Quiz: Specialisation and Trade

All you need to know - Pattern of Trade

Quiz : Pattern of Trade

Globalisation - Introduction

Characteristics of Globalisation

Causes of Globalisation

Benefits and Costs of Globalisation

Role of MNCs

Benefits and costs -Multinational Corporations

Globalisation - Application

Globalisation - Evaluation

End of Chapter Quiz: Globalisation

Detailed Introduction - Exchange Rates

Factors influencing Exchange Rates

Floating Exchange Rates - Advantages and Disadvantages

Fixed Exchange Rates - Advantages and Disadvantages

Depreciation v Devaluation and Appreciation v Revaluation

Impact of Changes in Exchange Rates

Government Intervention in the Foreign Exchange Market

Competitive Devaluation and its Consequences

Exchange Rates - Evaluation

End of Chapter Quiz: Exchange Rates

Detailed Explanation - Terms of Trade

Factors influencing the Terms of Trade

Impact of Change in a Country's Terms of Trade

End of Chapter Quiz: Terms of Trade

Introduction to Restrictions on Trade (Protectionism)

Detailed Explanation - Tariffs

Evaluation - Tariffs

How to Draw - Tariffs

Detailed Explanation - Export Subsidy

Costs and Benefits - Export Subsidy

Export Subsidy - How to Draw

Export Subsidy - Evaluation

Import Quotas - Detailed Explanation

Benefits and Costs - Import Quotas

Import Quota - Evaluation

Import Quotas - How to Draw

Other Non - Tariff Barriers

End of Chapter Quiz: Restrictions on Free Trade

Role of WTO and Trade Liberalisation

Customs Union

Application Eurozone

Single Market

Monetary Union

Free Trade Agreements

Benefits and Costs of Monetary union

End of Chapter Quiz: Trading blocs and the World Trade Organisation (WTO)

Detailed Explantion - International Competitiveness

Factors influencing International Competitiveness

Advantages and Disadvatages of being Internationally Competitive

Evaluation - International Competitiveness

End of Chapter Quiz: International Competitiveness

Functions Of Money

Role of Financial Markets

Narrow Money v Broad Money

Money Markets v Capital Markets v Foreign Exchange Markets

Level of Savings and Investment to Promote Economics development

MicroFinance

Banks

How Banks Create Credit

Regulation in Financial Markets (FPC,FCA,PRA)

Fisher Equation of Exchange

QUIZ: Role of Financial Markets

QUIZ: Role of Central Banks

621337-mark-scheme-macroeconomics

621338-mark-scheme-themes-in-economics

536436-macroeconomics

536437-microeconomics

621336-mark-scheme-microeconomics

621108-question-paper-macroeconomics

621109-question-paper-themes-in-economics

621107-question-paper-microeconomics

621113-question-paper-themes-in-economics

Characteristics - Oligopoly

Kinked Demand Curve

Game Theory - Oligopoly

Game Theory Application - Oligopoly

Collusion - Oligopoly

Collusion vs Cooperation

Efficiency - Oligopoly

Advantages and Disadvantages - Oligopoly

End of Chapter Quiz: Oligopoly

Advanced Information A Levels 2022 OCR Economics: Which Topics? What You Should Do?