Edexcel A Level Economics all Diagrams

Production Possibility Frontier

Supply and demand diagram showing equilibrium

Supply and demand surplus

Increase in demand

Decrease in demand

Increase in supply

Decrease in supply

Consumer surplus

Producer surplus

Inelastic demand

Elastic demand

Unitary elastic demand

Perfectly elastic demand

Perfectly inelastic demand

Inelastic supply

Elastic supply

Substitutes diagram

Ad valorem tax

Tax diagram

Subsidy diagram

Negative externality of consumption

Negative externality of production

Positive externality of consumption

Positive externality of production

Maximum price diagram

Minimum price diagram

Total Revenue, Average Revenue and Marginal Revenue

Total, Average and Marginal Product

Average, Fixed and Variable Costs

Economies of Scale

Perfect Competition

Short run and long run equilibrium in perfect competition

Long Run Equilibrium for Monopolistically Competitive Firm

Revenue Curve for a Monopolist

Abnormal profit for Monopolist

Price Discrimination

Monopsony

Profit maximisation, revenue maximisation, sales maximisation

Allocative Efficiency

Productive Efficiency

Deadweight Loss from Monopoly

Subsidising a Monopolist

Backward bending labour supply curve

Supply and Marginal Cost Curve facing a monopsonist employer

Trade Union v Monopsonist Employer

Minimum Wage for Labour

Maximum Wage

Business cycle

Increase in aggregate demand

Decrease in aggregate demand

Increase in aggregate supply

Decrease in aggregate supply

Positive output gap

Negative output gap

Demand-side shock

Supply-side shock

Phillips curve

Laffer curve

Lorenz curve

J-curve

Comparative advantage