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Autumn 1 (Sept – Oct)Autumn 2 (Nov – Dec)Spring 1 (Jan – Feb)Spring 2 (Mar – Apr)Summer (May – Jun)
Topic TitleMarkets in Action Markets in ActionMacroeconomic Performance & PolicyMacroeconomic Performance & Policy / RevisionStudy Leave/Revision
Key Skills & Content Economics as a Social ScienceFunctions of the Price MechanismMeasure of Economic PerformanceCause of Economic Growth & Output Gaps
The Economic Problem & PPFsIndirect Taxes & SubsidiesEconomic Growth (GDP/GNI)Benefits & Costs of Economic Growth
Specialisation & The Division of LabourMeasuring Unemployment & InflationDrop in sessions as required
Types of EconomySources of Market FailureBalance of PaymentsMacroeconomic Objectives & Conflicts Between Objectives
Positive & Negative ExternalitiesEmployment & UnemploymentMacroeconomic Supply-Side Policies
Rational & Behavioural EconomicsNon-Provision of Public Goods, Imperfect MarketsInflationMacroeconomic Demand-Side Policies
Demand & ElasticitiesMoral Hazard, Speculation & Bubbles
Supply & ElasticitiesAggregate Demand
Market EquilibriumConsumption, Investment, Government Expenditure & Net Trade
Aggregate Supply
Circular Flow of Income
Equilibrium Levels of National Output
The Multiplier
Summative AssessmentTopic based exam style questions for Paper 1 after each topic and at the end of the chapterTopic based exam style questions for Paper 1 after each topic and at the end of the chapterMock exam - answer questions on topics covered in Unit 1Topic based exam style questions for Paper 2
Exam conditions for 2, 4, 6, 8, 12 and 20 mark answers. Marked according to Edexcel IAS Unit 1 and Unit 2.In class mock exam - short answer questions on topics covered this academic year..
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