Showing posts with label coefficient. Show all posts
Showing posts with label coefficient. Show all posts

Friday, 23 January 2009

A2 Economics through Diagrams

Monopoly Diagram

Monopsony Diagram


Trade Union Diagram



Lorenz Curve (Gini Coefficient)



Profit Maximising



Oligopoly (Kinked Demand Curve)

Exam Technique / Questions

Make sure that you understand the diagrams above and are able to draw them. By drawing a diagram correcly in your response, you may only get up to 6 marks per diagram; however, it can just form the framework your argument, thus setting you up to score the maximum marks available.

Get in touch if you don't recognise nor understand these diagrams.

NB:
this is NOT an exhaustive list of diagrams.

-REJC-