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Llywelyn Morris's Economics Shop

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Hi :) My shop sells Student Work Booklets for A-Level Economics and A-Level Business. These booklets are superbly laid out, designed-for-learning, and test students understanding in a variety of ways (diagrams, worded questions, charts, figures, etc.) I also sell A-Level Economics Revision Notes. Each chapter is beautifully laid-out, in lots of colour, with easy-to-understand diagrams and exam tips.

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Hi :) My shop sells Student Work Booklets for A-Level Economics and A-Level Business. These booklets are superbly laid out, designed-for-learning, and test students understanding in a variety of ways (diagrams, worded questions, charts, figures, etc.) I also sell A-Level Economics Revision Notes. Each chapter is beautifully laid-out, in lots of colour, with easy-to-understand diagrams and exam tips.
Year 1 Micro Diagrams (AQA) - Externalities, PPFs, Tax, Subsidy, Elastic Demand, Price Controls
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Year 1 Micro Diagrams (AQA) - Externalities, PPFs, Tax, Subsidy, Elastic Demand, Price Controls

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Extremely helpful resource to ensure students learn the required Year 1 Micro-economics diagrams for AQA. Diagrams include: PPF Diagram: Actual Economic Growth PPF Diagram: Potential Economic Growth Showing Total Revenue earned on Elastic and Inelastic Demand Curve diagrams. Incidence of Tax diagram Incidence of Subsidy diagram Negative Production Externality Diagram Negative Consumption Externality Diagram Positive Consumption Externality Diagram Tradeable Pollution Permit Diagram Price Controls - Minimum and Maximum Prices 2 different booklets are included when buying this - (1) Booklet with the diagram tasks left blank, and (2) Booklet with the diagram tasks and the Model Diagrams already filled in. [Both resources are included in the price]. Students often drop lots of marks and grades because they have not been exposed to enough diagram practice. This resource can help boost the grades your students achieve!
Theme 1 Micro Diagrams (EDEXCEL) - Externalities, PPFs, Incidence of Tax & Subsidies, Elastic Demand
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Theme 1 Micro Diagrams (EDEXCEL) - Externalities, PPFs, Incidence of Tax & Subsidies, Elastic Demand

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Extremely helpful resource to ensure students learn the required Year 1 Micro-economics diagrams for EDEXCEL. Diagrams include: PPF Diagram: Actual Economic Growth PPF Diagram: Potential Economic Growth Showing Total Revenue earned on Elastic and Inelastic Demand Curve diagrams. Incidence of Tax diagram Incidence of Subsidy diagram Negative Production Externality Diagram Positive Consumption Externality Diagram Tradeable Pollution Permit Diagram Buffer Stock Diagram 2 different booklets are included when buying this - (1) Booklet with the diagram tasks left blank, and (2) Booklet with the diagram tasks and the Model Diagrams already filled in. [Both resources are included in the price]. Students often drop lots of marks and grades because they have not been exposed to enough diagram practice. This resource can help boost the grades your students achieve!
Currency Union (AQA). Eurozone Monetary Union – Advantages and Disadvantages
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Currency Union (AQA). Eurozone Monetary Union – Advantages and Disadvantages

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Outstanding Economics Work Booklet covering Currency Union for AQA A-Level Economics. The booklet includes: Recap on Floating Exchange Rates Currency Union: Definition, Advantages and Disadvantages Requirements for an Optimal Currency Area 25-mark exam essay question Revision Notes on the Advantages and Disadvantages of Currency Union, and Optimal Currency Area Model Answers throughout, including for a 25-mark essay This booklet is student friendly, and will save you hours of preparation time. The student tasks are ideal preparation for learning, and the Model Answers provide the teacher with certainty. Designed specifically for AQA.
Buffer Stock Schemes / Systems, Guaranteed Minimum Support Prices, Maximum Prices, Price Volatility
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Buffer Stock Schemes / Systems, Guaranteed Minimum Support Prices, Maximum Prices, Price Volatility

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Superb Student Booklet on Buffer Stock Schemes, designed for EDEXCEL. Booklet includes: Examples of Unstable Commodity Prices Guaranteed Minimum Prices and Maximum Prices Buffer Stock Schemes / Systems / Agencies diagrams Advantages and Disadvantages of Buffer Stock Schemes Buffer Stock Scheme Case Study - India The booklet also includes Model Answers, a 4-page Revision Note summary, Key Terms Definitions list, a list of Lesson Starter Activities and Video Links. This booklet is ready-to-go, and will save you hours and hours of planning! Whilst designed for the EDEXCEL Specification, the content contained overlaps with WJEC / EDUQAS and OCR specifications.
Nationalisation vs Privatisation, Free-Market vs Mixed Economy vs Command, Economic Liberalisation
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Nationalisation vs Privatisation, Free-Market vs Mixed Economy vs Command, Economic Liberalisation

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Superb Student Work Booklet for Economics A-Level. Topics covered include: Privatisation vs Nationalisation Free-Market Economy vs Mixed Economy vs Command Economy Advantages and Disadvantages of Minimum Support Prices (Guaranteed Minimum Prices) Natural Monopoly Markets Examples of Economic Liberalisation Policies The booklet contains diagramatic analysis of Privatised and Nationalised Monopoly firms, a Case Study regarding the recent liberalising of the Cross-Channel Railway Market (London to Europe by train market), and links to excellent videos. This booklet will save your hours of planning, and has been created with developing student understanding in mind.
Market Failure Externalities (EDEXCEL) includes Tradeable Pollution Permits, Pigouvian Tax / Subsidy
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Market Failure Externalities (EDEXCEL) includes Tradeable Pollution Permits, Pigouvian Tax / Subsidy

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Outstanding, comprehensive Student Work Booklet covering: The Negative Production Externality Diagram The Positive Consumption Externality Diagram Government Policies to correct Market Failure caused by Externalities Government Intervention: Tradeable Pollution Permits Government Intervention: Pigouvian Taxes and Subsidies Government Intervention: Congestion Charging and Pollution Charging These Work Sheets / Booklet are specific to the EDEXCEL Economics A-Level course. Model Answers, Model Diagrams and Model Essays are included. The Booklet also includes a list of links to Excellent Videos, and a Key Terms Definition List. This booklet has been created and honed over many years of teaching Externalities! It covers everything in the EDEXCEL Syllabus and is of the highest quality.
Market Failure AQA - Externalities, Tragedy of the Commons, Pollution Permits, Pigou Tax & Subsidies
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Market Failure AQA - Externalities, Tragedy of the Commons, Pollution Permits, Pigou Tax & Subsidies

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Outstanding, comprehensive Student Work Booklet covering: The Negative Production Externality Diagram The Negative Consumption Externality Diagram The Positive Production Externality Diagram The Positive Consumption Externality Diagram Government Policies to correct Market Failure caused by Externalities The Absence of Property Rights leading to Market Failure Government Intervention: The Extension of Property Rights to avoid the Tragedy of the Commons Government Intervention: Tradeable Pollution Permits Government Intervention: Pigouvian Taxes and Subsidies Government Intervention: Congestion Charging and Pollution Charging These Work Sheets / Booklet are specific to the AQA Economics A-Level course. Model Answers, Model Diagrams and Model Essays are included. The Booklet also includes a list of links to Excellent Videos, and a Key Terms Definition List. This booklet has been created and honed over many years of teaching Externalities! It covers everything in the AQA Syllabus and is of the highest quality.
Economies of Scale, Diseconomies of Scale, External Economies of Scale, MES for Economics A-Level
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Economies of Scale, Diseconomies of Scale, External Economies of Scale, MES for Economics A-Level

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Outstanding student work booklet covering: Economies of Scale (e.g. Purchasing Economies, Technical Economies, Marketing Economies, Financial Economies etc) Diseconomies of Scale External Economies of Scale (‘Economies of Agglomeration’) The booklet has a range of student activities designed to truly develop student understanding of this topic. The booklet contains a list of relevant Video Links, Key Terms list, Revision Notes, Numbers practice and a Homework Section with Model Answers! Suitable for Edexcel, AQA and OCR A-Level Course Specifications (and for GCSE)
Costs and Revenue Diagram Introduction - Practice, Calculations, Efficiencies, Economies of Scale
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Costs and Revenue Diagram Introduction - Practice, Calculations, Efficiencies, Economies of Scale

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Fantastic work booklet introducing students to Costs and Revenue for A-Level Economics. Topics include: Calculating Fixed Costs (FC), Variable Costs (VC), Average Cost (AC), Marginal Cost (MC), Total Revenue (TR), Marginal Revenue (MR) & Profit. Drawing Costs and Revenue diagrams. Showing Profit Maximisation, Sales Maximisation and Revenue Maximisation on Costs & Revenue diagrams. SRAC and LRAC. The booklet comes with Model Answers, a list of Key Terms Definitions, and Revision Notes on Short-Run Average Cost (SRAC) and Long-Run Average Cost (LRAC). This booklet is excellent for building student understanding! Suitable for Edexcel, AQA and OCR.
Business A-Level Bundle Student Work Booklets
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Business A-Level Bundle Student Work Booklets

8 Resources
8 outstanding booklets covering much of the Business A-Level (mostly focused on the more mathematical topics of the course). The booklets include: Operations (e.g. Just in Production) Human Resources (e.g. Management Styles) Finance Booklet (e.g. Cash-Flow) Decision Trees (e.g. Expected Revenue) Budget Forecasts (e.g. Variances) Network Diagrams (e.g. Critical Path Analysis) Investment Appraisal (e.g. Payback, ROI) Division of Labour (e.g. specialisation) The price represents a real bargain in terms of the huge number of hours saved from less planning! All the booklets are of the highest quality, and most feature page-after-page of Answer Sheets. Designed for the AQA Business Specification, but all these topics are covered almost identically by the Edexcel and OCR boards.
Investment Appraisal Booklet - Payback Period, Return on Investment (Business A-Level)
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Investment Appraisal Booklet - Payback Period, Return on Investment (Business A-Level)

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Fantastic Business A-Level Student Booklet (worksheets) covering: Calculating the Payback Period The Advantages & Disadvantages of using Payback Period Calculating the Rate of Return on Investment (ROI) The Advantages & Disadvantages of using Rate of Return on Investment The factors influencing Investment Decisions The 15 pages of Tasks / Exercises comes with the corresponding Answer Sheets. This way you can have certainty what the answer is, and see the workings towards these answers. The tasks are designed with building up students’ understanding through different exercises, including tables, graphs and word-examples. This booklet has been created gradually and refined over many years of teaching. Designed specifically for AQA Business A-Level, but the booklet overlaps with the other specifications, and GCSE Business. The price of buying this booklet is a bargain - it will save you hours of preparation time!
Human Development Index (HDI), GDP, GNI, PPP, Economic Development, Economic Growth A-level Booklet
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Human Development Index (HDI), GDP, GNI, PPP, Economic Development, Economic Growth A-level Booklet

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Outstanding Economics A-Level Worksheets / Booklet covering: The Costs and Benefits of Economic Growth. The Strengths and Weaknesses of using GDP data to compare Living Standards between countries. The Strengths and Weaknesses of using GDP data to compare Living Standards over time. The difference between GDP and GNI. Purchasing Power Parity (PPP). The Human Development Index (HDI). The relationship between ‘Economic Growth’ and ‘Economic Development’. The tasks develop students’ understanding. Many of the exercises have contexts designed such that students can deduce the strengths and weaknesses of using GDP data by themselves. The booklet contains 7 pages of top-quality revision notes, and a Model Essay Answer to a past paper question. I3 pages of Model Answers / Answer Sheets are also provided, so that you can be confident of what the answers are. This wonderfully edited and comprehensive booklet is a bargain! Suitable for both Edexcel and AQA.
Human Resources Booklet / Worksheets (A-Level). Hard / Soft Management, Motivation, Productivity
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Human Resources Booklet / Worksheets (A-Level). Hard / Soft Management, Motivation, Productivity

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Superb 28-page Business A-Level Student Booklet on Human Resources. Topics covered include: Human Resource Objectives Labour Productivity, Unit Costs, Staff Turnover Rates Soft vs Hard Management Styles Motivational Theory: Taylor, Maslow and Herzberg Financial and Non-Financial Motivation Strategies Recruitment, Training and Redundancies Tall vs Flat Hierarchical structure The Tannenbaum-Schmidt Continuum Centralised vs Decentralised Approaches Job Design and the Hackman-Oldham Model The booklet is colourful, superbly formatted and develops students’ understanding through different tasks / question styles. The ordering of the topics is highly logical and leads to a strong narrative covering the topic area of Human Resources. (Designed for AQA Business A-Level, but over 95% of the content overlaps with the Edexcel and OCR specifications).
Balance of Payments (AQA), Current Account, Capital-Financial Account,  Marshall-Lerner Condition
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Balance of Payments (AQA), Current Account, Capital-Financial Account, Marshall-Lerner Condition

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Outstanding Balance of Payments Student Booklet / Worksheets for AQA A-Level Economics. The topics covered include: The Current Account and the Capital / Financial Account Causes of Current Account Deficits (and Surpluses) The impact of Current Account Deficits (and Surpluses) on the Macro-economic Objectives The J-Curve and the Marshall-Lerner Condition Exchange Rate Recap The significance of Current Account Imbalances / Trade Surpluses (and Deficits) Policies to reduce a Current Account Deficit: Expenditure Switching and Expenditure Reducing Policies This excellent booklet includes Students Tasks (with Answer Sheets for some of the exercises), Colourful Revision Notes, Key Terms Definitions List, Homework Tasks, a Model Essay Answer, and a list of relevant Video Links. This 29-page booklet is specific to the AQA syllabus, but could be used for the other exam boards. [I have created an EDEXCEL version of this resource - search ‘Balance of Payments (EDEXCEL)’]
Balance of Payments (EDEXCEL), incl. Current Account, Capital / Financial Account, Marshall-Lerner
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Balance of Payments (EDEXCEL), incl. Current Account, Capital / Financial Account, Marshall-Lerner

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Outstanding Balance of Payments Student Booklet / Worksheets for EDEXCEL A-Level Economics. The topics covered include: The Current Account and the Capital / Financial Account The Causes of Current Account Deficits (and Surpluses) The impact of Current Account Deficits (and Surpluses) on the Macro-economic Objectives The J-Curve and the Marshall-Lerner Condition (Trade Deficits & Trade Surpluses) Exchange Rate Recap The significance of Current Account Imbalances Measure to reduce a Current Account Deficit The Terms of Trade International Competitiveness This excellent booklet includes Students Tasks (with Answer Sheets for some of the exercises), Colourful Revision Notes, Key Terms Definitions List, Homework Tasks, a Model Essay Answer, and a list of relevant Video Links. This 30-page booklet is specific to the EDEXCEL syllabus, but could be used for the other exam boards. [I have created an AQA version of this resource - search ‘Balance of Payments (AQA)’]
Regulation of the Financial System AQA A-Level (incl. Moral Hazard, Liquidity & Capital Ratios, FCA)
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Regulation of the Financial System AQA A-Level (incl. Moral Hazard, Liquidity & Capital Ratios, FCA)

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Outstanding AQA-specific Student Booklet covering The Financial Sector. The work booklet includes: • Commercial Banks and Investment Banks • A Commercial Bank’s Balance Sheet: Assets & Liabilities • Banks: Liquidity, Profitability and Security • The Role of: - The Bank of England - The Prudential Regulation Authority (PRA) - The Financial Policy Committee (FPC) - the Financial Conduct Authority (FCA) • Liquidity Ratios and Capital Ratios • Moral hazard • Systemic risk The 24-page long booklet contains a list of Key Terms, links to relevant Videos, excellent Revision Notes, Articles/Case Studies, an Exam Essay Question with accompanying Model Answer. This booklet is the culmination of having taught Financial Markets over many, many years! The worksheets are of fantastic quality, and will save you hours of preparation time! Content is specific to AQA Economics A-Level.
The Financial Sector EDEXCEL Economics A-Level - Bubbles, Imperfect Information, Financial Markets
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The Financial Sector EDEXCEL Economics A-Level - Bubbles, Imperfect Information, Financial Markets

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Outstanding A-Level EDEXCEL-specific Student Booklet covering The Financial Sector. The work booklet includes: The Role of Financial Markets: o To facilitate saving o To lend to businesses and individuals o To facilitate the exchange of goods and services o To provide forward markets in currencies and commodities o To provide a market for equities Market failure in the Financial Sector: o asymmetric information o externalities o moral hazard o speculation and market bubbles o market rigging The Role of Central Banks: o implementation of monetary policy o banker to the government o banker to the banks – lender of last resort o role in regulation of the banking industry The 26-page long booklet contains a list of Key Terms, links to relevant Videos, excellent Revision Notes, Articles/Case Studies, a possible Exam Essay Question with accompanying Model Answer. This booklet is the culmination of having taught Financial Markets over many, many years! The worksheets are of fantastic quality, specific to the Edexcel syllabus, and will save you hours of preparation time!
The Labour Market, Supply and Demand, PES & PED of Labour / Elasticities, Minimum Wage, Maximum Wage
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The Labour Market, Supply and Demand, PES & PED of Labour / Elasticities, Minimum Wage, Maximum Wage

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Outstanding 16-page Revision Booklet covering The Labour Market. Topics include: Supply of Labour and Demand for Labour Wage Determination in Competitive Markets PES of Labour and PED for Labour Market Failure caused by Geographical Immobility Market Failure caused by Occupational Immobility Government intervention in the Labour Market: Policies to reduce Labour Market Immobility Minimum Wage Legislation Maximum Minimum Wage Legislation Public-Sector Wage Setting Designed for the Edexcel Economics A-Level Specification [most of the pages are applicable to AQA and OCR as well]. These are fantastic revision notes to give to your students to help them prepare for their exams!
Government Intervention in Monopoly & Oligopoly Markets. Deregulation, Privatisation, PFI, CMA
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Government Intervention in Monopoly & Oligopoly Markets. Deregulation, Privatisation, PFI, CMA

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Outstanding Revision Notes on Government Intervention in Monopoly and Oligopoly Markets, including: Government intervention to control Mergers 2.Government intervention to control Monopolies: • Price Regulation • Profit Regulation • Quality Standards • Performance Targets Government Intervention to Promote Competition / Contestability • Enhancing competition through the promotion of small businesses • Deregulation • Competitive Tendering for Government Contracts • Privatisation Specific to the Edexcel Economcis A-Level syllabus (but also good for the AQA and OCR specifications). These are excellent revision notes to give to your students, and will help them prepare for their exam :)
Contestable Markets, Limit Pricing Economics Revision Notes
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Contestable Markets, Limit Pricing Economics Revision Notes

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Superb Economics A-Level Revision Notes on: The Characteristics of Contestable Markets The Behaviour of firms in Contestable Markets Limit Pricing Sunk Costs These Revision Notes can be shared amongst your students to help them prepare for their exams. (Suitable for Edexcel, AQA and OCR)