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Tricky Topics for Paper 1 Micro (2025) | Essential A-Level Economics Revision

Geoff Riley

5th May 2025

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Just under 4,000 students joined me today for a session of focused, highly locked-in revision on tricky micro topics ahead of Paper 1. Here is the video and the downloadable powerpoint.

Tricky Topics for Paper 1 Micro (2025) | Essential A-Level Economics Revision for Paper 1

SESSION TIMESTAMPS

00:00 Introduction

05:01 Profit satisficing

12:47 Collusion in oligopoly and economic efficiency

17:33 Price discrimination and consumer welfare

25:40 Monopsony power in the labour market

33:49 Monopsony power and a minimum wage

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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