A2 Revision Plan

A2 ECONOMICS

FINAL REVISION

Re-create your revision plan: www.getrevising.co.uk

Think PPF: Invest in your revision, you may have an opportunity cost  of less time consuming TV, video games now but in the long run, with better results, you will be able to consume more.

Resources

·         Use the following Revision tasks to add to your revision plan – remember to treat as small bite-size sections.

·         Traffic lighted specification – prioritise study of red sections, seek advice and guidance before Holidays and on Revision day.

·         You should by now have your revision notes well organised into these topic areas, with key term cards, mind maps, condensed notes?

·         Revise key terms – know your definitions (2 DEF).

·         Practice your key diagrams – how can you illustrate current issues: QE or dominant forms advertising.

·         If stuck on a topic make use of the Cherwell Economics You Tube Channel. http://www.youtube.com/user/CherwellEconomics/featured

·         Attend the Top Up Revision Sessions – see below for dates.

·         .

Websites   Keep looking at www.grayseconomics.blogspot.com you must watch the 30 min video on UK. As well as  Tutor2u.net    Economicshelp.org    

Edexcel Exam papers Keep practicing exam questions.  Practice multiple choice and essays in timed conditions, alternatively do essay plans and email over to me – but please ensure you practice a few full responses and submit for marking. Use the Mark Scheme and Examiners Report to go over your responses and email practice questions or queries to:

tgray@cherwell.oxon.sch.uk . I expect to see a regular stream of attempted parts to questions. Having said that I am not contactable on the following dates due to exam commitments: 23-24 May and May 29 – June 3^rd. In addition I have Year 10 lessons Week 1, day, period:  1Mon2, 1Tue4, 1Thur3, 2Mon2, 2Tues5.

Re-jig revision tasks to suit your priorities – take on more challenging questions first.

	Revision task
Saturday 23 May	6EC04 Reading for revision Study UK Economy webinar as discussed in lessons and on www.grayseconomics.blogspot.com 6EC03 Practice diagrams – use the checklist Skills focus Plan/Answer June 2014 Essay question on UK Economy (Developed/Global Economy Question) Answer June 2013 Multiple choice under timed conditions
Sunday 24 May	6EC04 Reading for revision Study Developing countries case study - as discussed in lessons 6EC03 Practice diagrams – use the checklist Skills focus Plan/Answer June 2014 Essay question on developing economies (Developing/Global Economy Question) Answer June 2012 Multiple choice under timed conditions
Monday 25 May	6Ec04 Reading for revision Study Textbook and revision guide on Globalisation and practice using comparative advantage theory. Skills focus Answer Data question on trade liberalisation and globalisation.
Tuesday 26 May	6EC03 Reading for revision Study Textbook and revision guide on Monopoly abuse, use of economies of scale versus higher prices and lack of choice. Discuss impact on efficiency, consumer and producer surplus. Price discrimination. Re-do notes/key term cards on Monopoly. Skills focus Answer data question on Monopoly abuse
Wednesday 27 May	6EC04 Reading for revision Study Textbook and revision guide on Protectionism, practice using the tariff diagram in your responses. Remember trading blocs and WTO. Skills focus Answer Essay: Discuss impact of protectionism in the global economy on countries  Balance of Payments
Thursday 28 May	6Ec03 Reading for revision Study use of government interventions and government failure – weighing up the size of market failure versus government failure. Recall – AS tricky concepts that may appear in A2 Public Goods, Income Elasticity of Demand, PES, PED, XED. Skills focus Answer data/multiple choice -  question explain why a company may shut down
Friday 29 May	6Ec04 Reading for revision Study Textbook and revision guide on Exchange Rates, practice using the Marshall Lerner condition and J curve effect in your answers. Skills focus Answer Essays on Exchange Rates or essay plan – see last 6Ec04 lesson possible questions.
Saturday 30 May	6Ec03 Reading for revision Check RAG sheet again – go back over any remaining weak spots Skills focus Answer data question – assess the case for regulating the Energy industry in the UK
Sunday 31 May	6EC04 Reading for revision Check RAG sheet again – go back over any remaining weak spots Skills focus Answer Essay or do essay plans for Q Evaluate the case for widening membership of the EU 30 marks
Mon 1 June	6Ec03 Jan 2010 Timed response  90 minutes Go over mark scheme and examiners report.
Tues 2 June	6Ec04 Jan 2010 Timed response 120 min Go over mark scheme and examiners report.
Weds 3 June	6EC03 Reading for revision Study Textbook and revision guide on Oligopoly, use game theory. Discuss impact on efficiency, consumer and producer surplus. Price discrimination valid. Re-do notes/key term cards on Oligopoly. Skills focus Answer data question on Oligopoly
Thursday 4 June	6Ec03 Revision Session – period 4 and 5 – get feedback on practice questions.
Friday 5 June	6Ec04 Revision Session – period 4 and 5 – get feedback on practice questions.
Sat 6 June	6EC03 Reading for revision Study Textbook and revision guide on Monopolistic Competition Skills focus Answer data question and multiple choice on Monopolistic Competition
Sun 7 June	6EC03 Reading for revision Study Textbook and revision guide on Regulations and regulatory failure. Skills focus Answer data question on Regulation and Regulatory failure
Mon 8 June	6EC03 Reading for revision Study Textbook and revision guide on price and non price competition. Skills focus Answer data question on price and non price competition
Tues 9 June	6EC03 Reading for revision Study Textbook and revision guide on perfect competition. Skills focus Answer data question on perfect competition
Weds 10 June	Period 4 and 5 6Ec03 Final Revision Session - Knowledge
Thursday 11 June	6Ec03 Paper pm Pre exam session – period 3 key knowledge reminder basic exam skills.
Fri 12 June	6Ec04 Reading for revision Study Textbook and revision guide on Ways of promoting growth and development And 4.3.5 What is poverty and inequality in developed and developing countries? Skills focus Answer international data question on Ethiopia focussing on Ways of promoting growth and development or essay plan
Sat 13 June	6Ec04 Reading for revision Study Textbook and revision guide on 4.3.7 What is the role of the state in promoting growth and development? Focussing on Fiscal issues – Public Expenditure, taxation and Public sector borrowing and public sector debt Skills focus Answer following data question: examine the significance of the differences of the size of the state sector between a developed economy such as the UK and a developing economy such as Malaysia. 15 marks. Focus on infrastructure – direct provision, land ownership. Nationalization. Welfare provision.
Sun 14 June	6Ec04 Reading for revision Study Textbook and revision guide on 4.3.4 How does a country compete? Skills focus Answer/Plan essay question 30 marks: Examine government policy in the global economy to increase international competitiveness.
Mon 15 June	6Ec04 Reading for revision Study Textbook and revision guide on 4.3.3 How is international trade recorded and financed? Skills focus Answer/Plan essay question: a)Examine whether global imbalances (current account surpluses and deficits, capital account flows) matter b) examine measures to reduce global imbalances.
Tues 16 June	6Ec04 Reading for revision Study Textbook and revision guide on monetary union – essentially the effects of a single currency and ECB base rate of interest on the rate of inflation; unemployment; the Balance of Payments and economic growth. Skills focus Answer Data question 15 marks: Assess the benefits and costs of European monetary union.
Weds 17 June	6Ec04 Reading for revision Study Textbook and revision guide on globalisation and trade. Skills focus Answer/plan essay 30 mark question : Discuss the impact of de-globalisation on the global economy.
Thursday 18 June	Period 4 and 5 6Ec04 Final Revision Session - Knowledge
Friday 19 June	6Ec04 Paper am 8am Pre exam session – key tips and reminder basic exam skills. Post exam lunch. HOORAY!!