Edexcel Unit 3 This and that
Teacher instructions
Look at the list of past questions. Pick a few topics that you want to revise, find the question on the past paper and type them onto a list of questions – add the marks allocated for each one and the date of each paper for reference.
Print and cut out both of pages 4 ‘Concept Cards’ and 5’Topic Triangles’ – either one set per student or one per group.
Task 1 – starter:
Each student takes one Topic Triangle and two Concept Cards; they must find a way to describe a link between each of the Cards and the Triangle.
Task 2: building theory into questions
Teacher picks and pre-prints a selection of past questions from the list on page 2-3 (don’t worry about the data response stimulus material, just give them the question). Type out the full questions, with marks available, on a sheet of paper, print and give the list of questions to the students.
They should find the appropriate ‘Topic Triangle’ and asmany as possible of the ‘Concept Cards’ that they could use in the answer to each question.
Differentiation – all should be able to identify at least two rectangles per question; the more able should be able to identify a longer list.
Types and motives of firms
Jan 10 q10c
June 14 q9c (shut down)
June 14 q10a (shut down)
Firms’ Growth
Jan 10 q10 b,d
June 10 q9a
Jan 11 q9a, c, d
June 11 q10c, d
Jan 12 q10b, c
June 12 q9a
Jan 13 q10a
June 15 9a
Costs
Jan 11 q9b
Jan 11 q10b
June 11 q10a, c
June 12 q10b
June 13 q9b
June 14 q9c (shut down)
June 14 q10a (shut down)
June 15 9b (and revenues)
Revenue
June 12 q 10 d
June 15 9b (and costs)
Economies of Scale
Efficiency
June 11 q10d
Profit
June 11 q10a
Jan 12 q9b
June 12 q9b
June 12 q10b
Jan 13 q9b
June 14 q10d
June 15 10b
Barriers to Entry
Jan 11 q10a
June 11 q9a
June 14 q9d
Market structures general
Jan 10 q9a
Jan 10 q10a
June 10q10a
Jan 12 q10a
June 12 q9d
June 12 q10a
Jan 13 q10d
June 13 q10a
June 14 q9a
June 15 10a
Perfect Competition
June 13 q9b
Monopoly
June 14 q9b (patents)
Monopsony
June 12 q9c
June 13 q9a
Oligopoly
June 10 q9b, c
June 10 q10d
Jan 11 q10d
Jan 12 q9a
Jan 12 q10d
June 12 q10d
June 13 q9d
June 13 q10b
Collusion
Jan 12 q9d
June 13 q10c
June 15 9c
Game theory
June 11 q10c
Jan 12 q9d
Jan 13 q10c
June 13 q9d
Monopolistic Competition
Jan 13 q10b, d
Contestability and Pricing Strategy
Jan 10 q9
June 10 q9d
June 10 q10c
June 11 q9d
Jan 12 q10d
June 12 q10c
June 13 q9d
June 14 q9d
June 14 q10b, d
June 15 10c, d
Price Discrimination
June 10 q10b
June 11 q10b
June 14 q10b, c
Government Intervention – Competition policy
Jan 10 q3b, c
June 11 q9b, c
Jan 12 q10b
Jan 13 q9d
June 13 q10 c, d
June 15 9d
Government Intervention – Regulation
Jan 12 q9c
June 13 q10c, d
Government Intervention – PFI/PPP
Jan 13 q9a, c
Government Intervention –
Government Intervention – EU
June 13 q9c
Price elasticity of demand / Market failure / Consumer surplusBusiness integration / Economies of scale / Collusion
Productive efficiency / Allocative efficiency / Supernormal profit
Dynamic efficiency / X-inefficiency / Shut down price
Supernormal profit / Barriers to entry / Stakeholders
Market concentration / Shut down point / Producer surplus
Product differentiation / Interdependence / Competition and Markets Authority
Game theory / Sunk costs / Revenue maximisation
Price regulation / Profit maximisation / Sales maximisation
Long run / Short run / Non-price competition