Producer surplus is a measure of producer welfare. It is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive

Producer surplus
Producer surplus and changes in market prices
Total economic welfare = consumer surplus + producer surplus
CPD courses

Teaching the New A Level Economics: Quantitative Methods

This course focuses solely on teaching & learning resources and approaches to delivering the wider range of quantitative methods contained in the new A Level and AS Level specifications. We've put together a comprehensive collection of teaching materials that will help accelerate your planning and preparation for the extended QM elements for A Level Economics.

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Teaching & learning products

Edexcel A2 Economics Worked Answers (2014)

Example A Grade answers to the Edexcel Unit 3 and Unit 4 exam papers sat in June 2014


AQA AS Economics Worked Answers (2014)

Exemplar A Grade answers to the AQA ECON1 and ECON2 exam papers in summer 2014