This workbook is designed to help your students make links between their studies of Market Revenue and A-Level Maths. It is just what you need to extend your students, especially those going off for interview, but will also cement understanding for those with a preference for mathematical explanations of concepts. Those with Grade 8/9 GCSE Mathematics will also be able to have a good stab at it, and it is ideal for demonstrating the sort of Mathematics required in Year 1 of an Economics degree to those who may be a little Maths-Phobic.
I recommend printing into A5 booklets; a ready-to-print version is included so that you can print each booklet onto two sheets of A4 and fold them into a booklet.
Answers are included on a separate PDF.
The workbook takes students through AR=P and it's relationship with the demand curve and how to derive TR and MR functions. It requires students to fill in the gaps to explain relationships in word, graphical and numerical forms. It gives students a taste of modelling by calculating actual values of curves, rather than just looking at general shapes.
It finishes with two pages of practice questions so students can check they've understood what they have learned.
This product is also available as part of the Production, Costs, Revenues and Profits mega-bundle. I've written a blog post about this, so if you want to know a bit more about the products, check it out.
Revenue Extension Workbook
Upon purchase, you will be emailed a link to download this PDF. The link is valid for 30 days. Please ensure you save your product somewhere safe and that you have the necessary software to download and view the file.
This download is licensed to either an individual or a department.
As an individual, you may carry the resource from school to school but not share with colleagues.
As a department, you may share with colleagues but not share the resource between schools. Schools within a MAT must purchase separate copies of this resource.
You may place on a secured VLE for educational purposes, but please don't post it elsewhere on the web, for example on a school website.
You may not sell any part of this resource.