K5EC2 Credit, market failure and business performance personal learning checklist
Edexcel A-level Economics B · Papers 1, 3
Name ____________________ Class __________ Date __________
Tick one box per statement. Red: need help. Amber: partly confident. Green: can do independently.
| I can | Red | Amber | Green |
|---|---|---|---|
| Banks, credit and financial decisions | |||
| Explain bank lending, financing needs and constraints without a fixed-deposit misconception | |||
| Compare liability and finance arrangements through their actual obligations | |||
| Evaluate collaborative funding and credit effects on firms and other agents | |||
| Market failure, externalities and intervention | |||
| Analyse private and social effects through consistent measures and marginal reasoning | |||
| Compare feasible intervention mechanisms against a defined baseline | |||
| Evaluate government failure and policy effectiveness through qualified evidence | |||
| Revenue and the behaviour of costs | |||
| Calculate and interpret consistent revenue and cost measures | |||
| Explain performance changes through price-volume and cost mechanisms | |||
| Contribution, break-even and risk | |||
| Construct and explain contribution and break-even working with a labelled diagram | |||
| Assess a forecast sales buffer and the feasibility of a break-even plan | |||
| Evaluate break-even sensitivity and model limitations before judging a proposal | |||
| Profit, loss and accounting margins | |||
| Construct the required profit sequence and calculate correctly based margins | |||
| Compare profitability using appropriate denominators, context and limitations | |||
| Cash flow, survival and financial evaluation | |||
| Construct and interpret a multi-period cash-flow forecast | |||
| Evaluate feasible cash-management actions and uncertainty | |||
| Judge profitability, liquidity and longer-term viability through connected evidence | |||
Next revision priority: __________________________________________________