Exam Support
Get Ready for the Micro Paper 1 (June 2018)
1st June 2018
Here are some topical areas that you might want to focus on in your microeconomics revision ahead of the micro Paper 1. Examiners tend to choose markets and industries where there are demand and supply-side changes and where they can test your understanding of economic efficiency, economic and social welfare and government interventions designed to address one or more market failures.
Check out of collections pages for key study resources in microeconomics
Check out the Tutor2u You Tube channel for loads of short revision videos on key topics
Loads of Economics revision advice in our twitter stream
Don't forget to ACE your diagrams!
Still time to get your Economics revision resources:
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7
Revision Flashcards for A-Level Economics Students
Resource Collection
Causes of and policies to address water scarcity
https://www.tutor2u.net/economics/topics/water-scarcity
Follow up: https://www.tutor2u.net/economics/blog/the-economic-cost-of-water-scarcity
See also: https://www.tutor2u.net/economics/blog/will-cape-town-run-out-of-water
Property rights and the tragedy of the commons
https://www.tutor2u.net/economics/topics/tragedy-of-the-commons
Policies to address externalities from gambling addiction
https://www.tutor2u.net/economics/reference/public-policy-issues-and-behavioural-concepts
Follow up: https://www.tutor2u.net/economics/blog/what-can-be-done-about-problem-gambling
Renewable energy subsidies
https://www.tutor2u.net/economics/reference/synoptic-economics-renewable-energy
Follow up: https://www.tutor2u.net/economics/blog/energy-economics-uk-electricity-use-falls
The market for e-vehicles and e-charging
https://www.tutor2u.net/economics/collections/electric-vehicles
Follow up: https://www.tutor2u.net/economics/blog/electrifying-roads-to-charge-vehicles
The market for drones - positive and negative externalities
https://www.tutor2u.net/econom...
The UK Housing Shortage
https://www.tutor2u.net/economics/collections/housing-market-economics
Follow up: https://www.tutor2u.net/economics/blog/perspectives-on-the-uk-housing-crisis
Price capping in the UK energy industry
https://www.tutor2u.net/economics/reference/economics-of-an-energy-fuel-price-cap
Follow up: https://www.tutor2u.net/economics/blog/could-an-energy-price-cap-stifle-competition
Economics of a carbon tax versus carbon trading
https://www.tutor2u.net/economics/reference/carbon-trading-and-carbon-taxes-evaluation-skills
Follow up: https://www.tutor2u.net/economics/blog/chinas-carbon-trading-scheme-set-to-accelerate-demise-of-coal
Policies to address the Plastic Pollution crisis
https://www.tutor2u.net/economics/reference/external-costs-of-pollution-from-plastic
Economics of the sugar tax
https://www.tutor2u.net/economics/reference/sugar-tax-student-essay
Follow up: https://www.tutor2u.net/economics/collections/sugar-tax
Minimum unit prices for alcohol in Scotland
https://www.tutor2u.net/economics/reference/minimum-alcohol-pricing-revision-essay-plan
Follow up: https://www.tutor2u.net/economics/reference/evaluation-minimum-prices-for-alcohol
Minimum wages in the labour market
https://www.tutor2u.net/economics/collections/minimum-wage-and-living-wage
Follow up: https://www.tutor2u.net/economics/reference/evaluation-of-minimum-wages
A Level Economics MCQ Revision Blasts - Use These in Your Revision!
The growth of the Gig Economy / monopsony power of employers
https://www.tutor2u.net/economics/reference/the-gig-economy-synoptic-economics-revision-webinar
Follow up: https://www.tutor2u.net/economics/blog/how-monopsony-employers-keep-wages-down
Digital monopolies and economic welfare (e.g. Netflix, Google, Amazon)
https://www.tutor2u.net/economics/topics/technology
Follow up: https://www.tutor2u.net/economics/blog/should-the-monopoly-power-of-the-tech-titans-be-broken-up
Trade unions and the labour market
https://www.tutor2u.net/economics/collections/trade-unions
Follow up: https://www.tutor2u.net/economics/reference/trade-unions-wages-and-jobs
The Gender Pay Gap
https://www.tutor2u.net/economics/collections/gender-pay-gap
Follow up: https://www.tutor2u.net/economics/blog/update-on-the-gender-pay-gap
Impact of automation / robotics in the labour market
https://www.tutor2u.net/economics/collections/robotics
Follow up: https://www.tutor2u.net/economics/blog/watch-out-robo-farmers-are-coming
Rail nationalisation in the UK
https://www.tutor2u.net/economics/reference/economics-of-rail-nationalisation-1
Follow up: https://www.tutor2u.net/economics/blog/why-the-east-coast-rail-franchise-imploded
Economics of mergers and takeovers e.g. Sainsbury and Asda
https://www.tutor2u.net/economics/reference/evaluating-mergers-and-takeovers
Follow up: https://www.tutor2u.net/economics/blog/dr-pepper-snapple-merges-with-keurig-green-mountain
Business Pricing in imperfect competition
https://www.tutor2u.net/economics/collections/business-objectives
Follow up: https://www.tutor2u.net/economics/blog/how-airlines-price-flights
Contestable markets - business growth & objectives in music streaming
https://www.tutor2u.net/economics/blog/what-market-structure-best-fits-the-music-streaming-market
Follow up: https://www.tutor2u.net/economics/blog/you-tube-music-takes-on-spotify-and-apple
Regulation of financial markets to address financial market failure
https://www.tutor2u.net/economics/collections/financial-regulation
A Level Economics Revision Resources
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7
Revision Flashcards for A-Level Economics Students
Resource Collection
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