Join Geoff for an hour of application, application, application.
The focus for this session is Paper 1 (Micro).
We explore a series of short mini contexts that might appear in Paper 1 and help you add application gold dust to your notes and flashcards. This revision session could really help you access even more of those all-important application marks in Paper 1.
SESSION TIMESTAMPS
00:00:00 Introduction
00:04:52 Exam Gold - Overview
00:05:40 MCQs
00:10:12 Examples of State-owned businesses
00:12:51 Exam Gold on State Ownership
00:14:14 Examples of privatised businesses
00:16:38 Exam Gold on private ownership
00:18:24 Examples of industries with price-capping
00:20:44 Data insight - UK broadband market
00:23:12 Exam gold on industry regulation
00:24:59 Data insight: UK internet
00:26:59 Exam Gold on Social Tariffs
00:29:45 Examples of Recent Takeovers & Margers
00:32:32 Examples of Duopolies
00:33:55 Data insight: EV chargin networks
00:34:55 Exam Gold on Contestable Oligopolies
00:37:19 Examples of contestable markets
00:39:35 Examples: Govt policies that might impact profits of Greggs
00:43:45 Case study: low cost gyms (Pure Gyms)
00:47:39 Case study: Primark
00:51:11 Examples of monopsony power
00:56:06 Examples of indirect taxes
00:59:23 Examples of governemt subsidies
01:02:32 Examples of maximum price intervention
01:04:56 Example of policies to improve housing affotability
01:07:42 Examples of minimum price intervention
01:10:37 Case study: carbon emissions
01:13:38 Exam Gold on evaluating micro policies
01:14:39 Geoff's three golden rules
#tutor2u #microeconomics #aleveleconomics #aqaeconomics #edexceleconomics