This new online CPD course from tutor2u provides detailed support and guidance on how to effectively and efficiently teach the microeconomic topic of costs, revenue and profits, using a diagrammatic, quantitative, and intuitive approach.

This course explores the underpinning assumptions of cost and revenue theory, supporting teachers with:

(i) developing strong intuitive understanding amongst students

(ii) building confidence with the quantitative, diagrammatic and technical aspects of the topic

(iii) providing support in relation to assessment of this topic.

Who it's for

All A-Level Economics Teachers. Especially valuable for new economics teachers, those returning to the economics classroom, or teachers wanting to approach their teaching in a different way.

Course outline: Teaching cost, revenue and profit

• Introducing costs, revenues and profits
• Product and diminishing marginal returns
• Short run costs
• Economies of Scale Part 1
• Economies of Scale Part 2
• Economies of Scale Part 3
• Minimum Efficient Scale
• Revenue
• Profit
• Technological Change
• Diagrams Masterclass