Economies of Group work skills. Economies of scale: Students will be able to understand: discussion to introduce Subject specific economies of scale as the effect on the concept of economies of terminology. average costs of a rise in production scale and their link to the implications and effects of increased production. economies of on business Student activity discussing behaviour examples of economies of the costs and benefits of growth for a scale such as buying’, business ‘bulk leading to possible discounts the different types of economy of from the supplier. scale, including managerial, purchasing, financial, technical and Diseconomies of scale: risk-bearing students to identify why firms what is meant by diseconomies of may not always benefit from scale. growing because of communication problems or issues with control. Competitive and concentrated markets teaching time: 15 hours + 3 hours for assessment activities Specification Skills developed Learning objectives Suggested activities Resources content
Economies of Group work skills. Subject specific terminology. Students will be able to understand: economies of scale as the effect on average costs of a rise in production the implications and effects of economies of on business behaviour the costs and benefits of growth for a business the different types of economy of scale, including managerial, purchasing, financial, technical and risk-bearing what is meant by diseconomies of scale. Economies of scale: discussion to introduce the concept of economies of scale and their link to increased production. Student activity discussing examples of economies of scale such as ‘bulk buying’, leading to possible discounts from the supplier. Diseconomies of scale: students to identify why firms may not always benefit from growing because of communication problems or issues with control. Competitive and concentrated markets teaching time: 15 hours + 3 hours for assessment activities Specification content Skills developed Learning objectives Suggested activities Resources
AQA-8136-SOW.DOCX