the responsiveness of demand to a change in price 

the responsiveness of quantity supplied to a change in price 

the responsiveness of demand to a change in income

the responsiveness of demand for one product to a change in price of another product

when another good is supplied for two different purposes

when a good is demanded for two or more distinct uses

when the good is demanded because they are needed for the production of other goods

when a good can be replaced by another good

if one good is demanded then another good will be demanded as a result

the difference between the market price which firms receive and the price at which they are prepared to supply

the quantity of goods that sellers are prepared to sell at any give price over a period of time

the difference between how much buyers are prepared to pay for a good and what they actually pay

the quantity of goods or services that will be bought at any given price over a period of time

objective statements that can be tested or rejected by referring to the available evidence

subjective statements that express a clue judgments about what ought to be

the amount of satisfaction obtained from consuming a good or service

products bought by consumers for immediate use

an input to the production process to create other goods

shows which areas factors of production should be moved into and out id

rising prices will attract more resources

prices serve to ration scarece resources when market demand is greater than supply

a larger proportion of income is paid in tax as income rises

a smaller proportion of income is paid in tax as income rises

The amount does not change with the value of the goods but with the amount of goods purchased

 A tax levied increases in proportion to the value of the tax base

a grant given by the government to encourage the production or consumption of a particular good or service

when market forces fail to achieve an economically efficient equilibrium

a non-rivalry and non-excludable good that is supplied by the government 

when one consumer benefits from a particular public good for which they have not directly contributed for.

a situation where one economic agent has more information than another

when consumers and producers have the same level of knowledge

where production is organised by the state or the government 

the part of the economy owned by individuals and businesses

businesses that aim to cover their costs, but not make a surplus above that level

when a firm increases in size by expanding their scale of operations 

where two businesses at the same stage of production in the same industry join together 

where a firm integrates with another in the stage of production closer to the customer in the same industry

where a firm integrates with another in the stage of production further away from the customer in the same industry

where two businesses in different industries merge 

when a business splits off one or more of the business that it owns into a separate company

business events at the same stage of production are broken up

a business at different stage of production is broken up

the difference between total revenue and total cost (MR=MC)

Achieving the maximum income for the bsuinesss (MR=0)

achieving the highest quantity sold of a profit whilst still making a normal profit (AC=AR)

managers/ directors ensure a minimum profit level to please shareholders

when an increase in a firms scale of production leads to production at a lower long run average cost

when a firm becomes too large and their average costs begin to rise.

when production is achieved at the lowest cost per unit of output (AC=MC)

where all goods and services meet the wants and needs of society (MC=AR)

how well a company can adapt and improve over time

when the business operates above its average cost curve

when average costs are calculated and then a profit margin is added

pricing at a level low enough to drive out businesses by reducing profitability 

pricing at a level low enough to limit profits to discourage new entrants from joining the industry

when there is monopoly power, separation of the market and different elasticities of demand

English (UK)

Definitions for Economics Edexcel A Level key terms 

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Revision maps for all 9 crime and deviance topics
I want to say thank you to everyone who's been so patient while i finished these notes- I got so many message asking if i had full topic notes for this unit so I'm glad to hear my work is helping people :)

Explore an extensive revision of crime and deviance topics, including theories, types of crime, and the impact of media. This resource covers key concepts such as Marxism, functionalism, gender and crime, and the influence of globalization on criminal behavior. Ideal for students seeking a thorough understanding of criminology and its various theories. Type: Full Topic Revision.

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Everything you need to revise families for paper 2 :)

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A-Level Sociology: Education. So these notes have all the sociologists studies that are also part of methods in context, I just haven't covered research methods here :)

Explore comprehensive A-Level Sociology notes on the education system, covering key theories, policies, and sociological perspectives. This resource includes insights on marketisation, gender roles, cultural deprivation, and educational inequalities, providing a thorough understanding of how education shapes social stratification and individual achievement. Ideal for exam preparation and in-depth study.

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Education- full topic revision 

macbeth, lady macbeth and macbeth themes and context

Explore the complex themes of guilt and ambition in Shakespeare's 'Macbeth'. This analysis covers key characters, including Macbeth and Lady Macbeth, their moral dilemmas, and the tragic consequences of their ambition. Ideal for students studying character motivations, thematic elements, and the psychological impact of power. Includes insights on the natural order, manipulation, and the descent into madness.

Macbeth: Guilt and Ambition

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Criminology unit 4 detailed revision note

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model answer for the unit 3 assessment in year 13

Explore the essential rules governing the use of evidence in criminal cases, including reliability, admissibility, and relevance. This summary covers key concepts such as the roles of personnel in investigations, the impact of witness testimonies, and the implications of plea bargaining. Ideal for Year 13 criminology students preparing for assessments.

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CRIMINOLOGY UNIT 3 MODEL ANSWERS

Macbeth quotes with positions in the play


Explore essential quotes from Shakespeare's 'Macbeth' that highlight key themes such as ambition, guilt, and deception. This analysis includes significant lines from characters like Macbeth and Lady Macbeth, along with their context in the play. Ideal for students studying character development and thematic elements in literature.

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Key Romeo and Juliet themes and analysed quotes 

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Romeo and Juliet: Key themes 

Here are all of my notes for economics paper 1. This contains every single topic for AQA GCSE economics paper 1 

Comprehensive notes covering all essential topics for AQA GCSE Economics Paper 1. This resource includes detailed explanations of economic sectors, market structures, supply and demand dynamics, elasticity, externalities, and government intervention. Perfect for students preparing for their exams, this summary provides a clear understanding of key concepts such as profit maximization, market equilibrium, and the factors of production.

AQA GCSE Economics Overview

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Here are all of my notes for economics paper 2. This contains every single topic for AQA GCSE economics paper 2 

Comprehensive study notes for AQA GCSE Economics Paper 2 covering key concepts such as fiscal and monetary policy, aggregate demand, inflation, unemployment, and international trade. Ideal for students seeking to understand economic principles and prepare effectively for their exams.

AQA GCSE Economics Paper 2 Overview

Economics Paper 2 - Complete notes

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CCEA A2 Business Studies Unit 1 - SWOT and PESTLE Analysis 

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Edexcel Economics A Theme 1 Key Terms 

Explore comprehensive insights into Economic Growth, covering key concepts such as GDP, real vs nominal income, GINI coefficient, and the impacts of government spending. This summary highlights the benefits and costs of economic growth, including inflation, income inequality, and environmental considerations. Ideal for Edexcel A Level Economics students seeking to deepen their understanding of Theme 2.

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Edexcel A Economics A Theme 2 Economic Growth Notes

Explore key concepts in microeconomics, including scarcity, opportunity cost, and the Production Possibilities Frontier (PPF). This summary covers economic specialization, market economies, and the efficiency of resource allocation, providing a comprehensive overview for students. Ideal for exam preparation or quick revision.

Understanding Economic Principles

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CCEA A2 Business Studies Unit 1 - Economies and Dsieconomies of Scale 

Explore the concepts of economies and diseconomies of scale in this detailed summary for CCEA A2 Business Studies. Understand how production scale affects costs, the benefits of growth, and the challenges faced by large firms. Key topics include internal and external economies of scale, managerial complexities, and the impact on communication and motivation. Ideal for exam preparation and enhancing your understanding of business growth dynamics.

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Notes for 1.1.2 part of the Edexcel A spec for AS/A level economics

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Economics A Level Key terms

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Economics A Level Key terms

Flashcards