AQA A Level · 7136 · Paper 1: Markets and market failure

4.1.4.8 Technological Change

A-level only

Everything you need for questions on technological change, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. Invention and innovation
  2. Effects on production, productivity and costs
  3. What technological change does
  4. Effects on market structure
  5. Creative destruction
  6. Classic question: is technological change always good for consumers?
  7. Side 2: practice tasks, where the marks go, and exam-style questions
  8. Separate answer key

The lesson in seven steps

  1. How many robots should the warehouse install?
  2. Streaming arrives
  3. Invention, innovation or creative destruction?
  4. Before and after the new technology
  5. Winners and losers
  6. Build the chain
  7. Exam practice

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