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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

interest rates and exchange rates

inflation

unemployment

business cycle and labour market

International competitiveness

 

 

1.4.02

Economic growth

European Union and other overseas opportunities

Government policies, political change, pressure group activity and social auditing

Social responsibilities, business ethics, environmental pressures and opportunities

Financing growth and

Management re-organisation during growth

 

 

8.4.02

Problems of transition in size

Change in ownership

Mission and organizational culture

Decision-making to achieve objectives

Decision trees.

 

 

15.4.02

Corporate plan and contingency planning

Relationship between motivation and communication

Hand in Easter work

Barriers to effective communication and difficulties for larger organisations and possible solutions

Differing approaches to employee relations and employee relations

Employee participation, industrial democracy, ACAS and employment law

 

 

22.4.02

Workforce planning

Methods of remuneration

Measurements of personnel effectiveness

Research and Development

Critical path analysis

 

 

29.4.02

Application of IT within and between organisations

Regional and international location

Asset vs market-led marketing and extrapolation and correlation

Marketing decision-making and marketing mix

Marketing budget and sales forecasting

 

 

6.5.02

Capital expenditure and revenue expenditure

Profit and loss accounts and balance sheets

Working capital and depreciation provisions

Window dressing

Ratios and their limitations

 

 

13.5.02

Contribution and Break-even Analysis

Forecasting cash flow

Payback, ARR and NPV

Qualitative factors affecting decisions

Work on re-takes or A2 examinations

 

 

20.5.02

Work on re-takes or A2 examinations

Upper 6th Study Leave begins

 

 

27.5.02

BUSINESS STUDIES

Module 1 and 2 Examinations

(pm)

See below

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 Wednesday 12th June (am), Modules 4 and 5 Examinations on Wednesday 19th June (pm) and Module 6 Examination on Wednesday 26th June (am).  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

 Module 4

q       Asset versus market-led marketing

q       Extrapolation and correlation (scatter graphs)

q       Marketing decision-making

q       Marketing mix

q       Marketing budget

q       Sales forecasting

q       Capital expenditure and revenue expenditure

q       Interpretation of profit and loss accounts and balance sheets

q       Working capital

q       Depreciation provisions

q       Window dressing

q       Liquidity (acid test only)

q       Financial efficiency (asset turnover, stock turnover and debtor days)

q       Gearing (loans: capital employed)

q       Profitability (profit margins and return on capital)

q       Shareholdersí ratios (dividend per share and dividend yield)

q       Limitations upon the use of ratios

q       Contribution and Break-even Analysis

q       Forecasting cash flow

q       Payback, ARR and NPV

q       Qualitative factors affecting decisions

  

 Module 5

q       Relationship between motivation and communication

q       Barriers to effective communication

q       Difficulties for larger organisations and possible solutions

q       Differing approaches to employee relations

q       Employee participation and industrial democracy

q       The role of trade unions and ACAS

q       Principles of employment law

q       Workforce planning

q       Methods of remuneration

q       Measurements of personnel effectiveness

q       Research and Development

q       Critical path analysis

q       Application of IT within and between organisations

q       Regional location

q       International location

 

Module 6

q       interest rates

q       exchange rates

q       inflation

q       unemployment

q       business cycle

q       labour market

q       International competitiveness

q       Economic growth

q       The European Union and other overseas opportunities

q       Government policies affecting business

q       Social responsibilities

q       Business ethics

q       Environmental pressures and opportunities

q       Political change

q       Pressure group activity.

q       Social auditing

q       Financing growth

q       Management re-organisation during growth

q       Problems of transition in size

q       Change in ownership

q       Mission and organizational culture

q       Decision-making to achieve objectives

q       Decision trees.

q       Corporate plan

q       Contingency planning

E-mail Steve Margetts