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EdExcel Economics Unit 3 Micro - Structured Question Topic Tracker

Geoff Riley

23rd December 2012

Question topics covered in the Unit 3 structured multiple choice exam s for EdExcel have been as follows:


Sample Assessment

June 2010

1

Concentration Ratios

1

Monopoly Fine

2

Perfect Competition Diagram

2

Price Elasticity

3

Marginal Costs / Average Costs

3

Economies of Scale

4

Profit Maximisation

4

Satisficing

5

Price Discrimination

5

Sales Maximisation

6

Competition Commission

6

Competition Commission

7

Monopolistic Competition

7

Total, Average Revenue, Marginal Revenue

8

Sunk Costs

8

Efficiency in Market Structure

January 2011

June 2011

1

Competition Commission

1

Perfect Competition / Shut down point

2

Shut Down Point

2

Collusion

3

Revenue Maximisation / Pricing

3

Concentration Ratio

4

Profit and Costs

4

Mergers and integration

5

Regulation / Efficiency

5

Marginal Costs / Fixed Costs

6

Market Share

6

Profit Maximisation

7

Game Theory in Oligopoly

7

Monopolistic Competition

8

PPP

8

Regulation

January 2012

June 2012

1

Monopsony power of retailers

1

Horizontal integration

2

Shut Down point (car makers)

2

Perfect competition, supernormal profits

3

Revenue in perfect competition

3

Vertical integration and barriers to entry

4

Game Theory in Oligopoly

4

Short run marginal cost curve, diminishing returns

5

Conglomerate integration / takeover

5

Profit maximisation calculation

6

Monopolistic competition

6

Predatory pricing and competition

7

Changes in costs, impact on costs and profits

7

Game theory and breakdown of a cartel

8

Monopoly and Competition – welfare contrast

8

Private Finance Initiative


Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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