Edexcel as Economics. by Quintrin Brewer, Rachel Cole
My revision notes Series
What’s inside...
My Revision Notes for Edexcel AS Economics by Quintin Brewer and Rachel Cole is a comprehensive guide designed to help students unlock their full potential in economics. It provides content summaries, commentary, and real-world examples to enhance understanding of key topics. The book also includes definitions of economic terms, self-testing and exam-style questions, and last-minute quick quizzes available at www.hodderplus.co.uk/myrevisionnotes. With step-by-step support from senior examiners, this revision guide helps students take control of their revision and get exam-ready. Additionally, the guide uses specific case studies to place economic theory in a real-world context, allowing readers to manage their own revision with effective support.
Series reading
Non-Sequential
Age
16-18
Length
112 pages
Text complexity
Discussion points
How do you think the economic concepts discussed in this book impact our daily lives?
Can you think of any examples where you've seen supply and demand in action around you?
Why do you think understanding economics is important for everyone, not just economists?
How might the economic theories in this book influence our decisions as consumers?
What are some ways governments use economics to make decisions about our country?
Tip: Role play these questions
Use real-world examples that are relevant to your child's experiences to explain economic concepts.
Encourage your child to think critically about how economics plays a role in their own life and decision-making.
Discuss the ethical aspects of economic decisions and their impacts on society to deepen their understanding of the material.
Relate discussions back to personal financial decisions to make the content more relatable and practical.
Ask your child to summarize what they've learned after each chapter to reinforce their understanding and retention of the material.
Key lessons
Example Lesson: Understanding Economic Principles
Explanation: The book introduces basic economic concepts like supply and demand, and fiscal policies, making them accessible to young learners.
Real-World Application: Children can apply these principles to understand transactions in everyday life, such as the buying and selling of goods, and how prices are determined.
Example Lesson: The Importance of Decision Making
Explanation: Through various economic scenarios and models, the book illustrates how decisions are made in economics, emphasizing the consequences of those decisions.
Real-World Application: Kids learn to evaluate options and make informed choices, whether it’s deciding how to spend their allowances or choosing between immediate gratification and long-term benefits.
Example Lesson: Critical Thinking Skills
Explanation: By analyzing different economic outcomes, students are encouraged to think critically about how different factors influence the economy.
Real-World Application: This skill helps children analyze situations in their own lives, promoting a thoughtful approach to problem-solving and reasoning.
Example Lesson: Understanding Global Interdependence
Explanation: The book discusses how countries depend on each other economically, teaching children about the global market and trade.
Real-World Application: This lesson helps children understand the origin of various goods they use daily and the importance of international cooperation.