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Upper Sixth Economics Revision Programme

Easter Holidays 2002

 

It is vital that you make good use of your Easter holiday, failure to do so will significantly reduce your examination mark in the summer.  The revision programme I have suggested is realistic and I strongly advise you to follow it.

 

In addition to the A2 revision is important that you start to review last yearís revision notes for any re-takes you have.  You should aim to significantly improve upon last yearís mark.

 

Revision isnít reading through your notes, donít fool yourself into believing it is.  You should revise with a pen in hand, making revision notes that can be used for learning at the time and closer to the exam.  The revision notes should be written using bullet points (or perhaps mind maps), making use of your notes and textbooks if necessary.  Learn the subject material by testing yourself, asking friends and family to test you, using the multiple choice questions on the internet or by attempting questions in the textbooks (I will mark any work you do).  Take care of your revision notes; keep A4 paper in a folder or cards in box/file. 

 

Revision notes made during the Easter holiday will be collected on Tuesday 16th April, no excuses.

 

Remember to use the Departmentís internet message board, I will check it everyday and answer any questions you have posted.  Donít be afraid to post your own answers, the more help we give each other, the better youíll do.

 

www.revisionguru.co.uk

www.trinity-school.org/economics.htm

 

Best of luck

SRM


 

Week beginning

Monday

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

25.3.02

Factors contributing to globalisation.

International exchange.

Trade liberalization.

Trade protectionism.

Sources of possible conflict between trading blocs

 

 

1.4.02

The World Trade Organisation (WTO).

The Balance of Payments.

International competitiveness.

The UKís changing international competitive situation.

Balance of payments disequilibrium.

 

 

8.4.02

Exchange rate systems.

European Monetary Union.

Inward foreign investment by MNCs

External shocks to the global economy.

Public expenditure and taxation.

 

 

15.4.02

The working of fiscal, monetary and supply side policies.

Unemployment and inflation.

Hand in Easter work

Real output and the NAIRU.

The birth and growth of firms

The motive for growth of firms

Internal growth

External growth

 

 

22.4.02

Alternative motives for firms

Productive and Allocative efficiency

Measures of market concentration

Barriers to entry and exit

Perfect competition

 

 

29.4.02

Oligopoly

Monopoly

Price discrimination in monopoly

Pricing and non-pricing strategies

Contestable markets

 

 

6.5.02

Competition policy

Regulation of privatised industries

Indicators of development in developing countries

Absolute and relative poverty

The causes of economic growth in developing countries.

 

 

13.5.02

The significance of economic growth for development:

Differences between developing countries.

The costs of economic growth.

Constraints on economic growth

Development strategies. The development of particular sectors of the economy:

 

 

20.5.02

Sources of external finance.

Work on re-takes or A2 examinations

Upper 6th Study Leave begins

 

 

27.5.02

Work on re-takes or A2 examinations

ECONOMICS

Module 1 and 2 Examinations

(am)

 

 

3.6.02

During half term it is essential that you spend a substantial amount of time re-enforcing your knowledge for the ECONOMICS

Module 3 Examination on Tuesday 11th June (am), Module 4 Examination on Tuesday 11th June (pm), Module 5 Examination on Friday 21st June (am) and Module 6 Examination on Friday 28th June (pm).  Use past papers, questions from textbooks and testing to ensure that your knowledge covers all topics within the specification.


 

Revision Timetable for A2 Economics 2002

Revision Checklist

 

 

Unit 4

q       The birth and growth of firms

q       The motive for growth of firms

q       Internal growth

q       External growth

q       Alternative motives for firms

q       Productive efficiency

q       Allocative efficiency

q       Mzeasures of market concentration

q       Barriers to entry and exit

q       Perfect competition

q       Imperfect competition

q       Oligopoly

q       Monopoly

q       Price discrimination in monopoly

q       Pricing and non-pricing strategies

q       Contestable markets

q       Competition policy

q       Regulation of privatised industries

 

Unit 5

q       Indicators of development in developing countries in sub-Saharan Africa, Asia and Latin America.

q       Absolute and relative poverty

q       The causes of economic growth in developing countries.

q       The significance of economic growth for development:

o       the role of both physical and human capital

o       technological progress

q       Differences between developing countries.

q       The costs of economic growth.

q       Constraints on economic growth.

q       Development strategies. The development of particular sectors of the economy:

o       Agriculture

o       Industry

o       tourism

q        Sources of external finance.

o       Private sector finance especially from multinational firms.

o       Government assistance.

o       The IMF and IBRD (World Bank).

o       Structural adjustment policies.

 

Unit 6

q       Factors contributing to globalisation.

q       International exchange.

q       Trade liberalization.

q       Trade protectionism.

q       Sources of possible conflict between trading blocs

q       The World Trade Organisation (WTO).

q       The Balance of Payments.

q       International competitiveness.

q       The UKís changing international competitive situation.

q       Balance of payments disequilibrium.

q       Exchange rate systems.

q       European Monetary Union.

q       Inward foreign investment by MNCs.

q       External shocks to the global economy.

q       Public expenditure and taxation.

q       The working of fiscal, monetary and supply side policies.

q       Unemployment and inflation.

q       Real output and the NAIRU.

 

E-mail Steve Margetts