3.3.2 Costs - Theme 3 Edexcel A Level Economics

3.3.2 Costs - Theme 3 Edexcel A Level Economics

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This double lesson introduces learners to the concept of costs in Economics. We start by recapping the factors of production to understand the difference between short-run and long-run. We then go on to look at the law of diminishing returns and how this affects productivity on diagrams - using this as a foundation to calculate and illustrate the various costs. Consolidation tasks included and a link to a kahoot quiz and a box plenary to finish with.

 

Colourful, concise and engaging slides! 

 

Thank you