Price Volatility in Markets - Teacher Presentation
This new revision presentation looks at the causes and conseqences of price volatility in markets - particularly commodity markets. It includes links to relevant news stories which help illustrate the basic demand and supply theory.
Launch interactive version of presentation on Price Volatility in Markets
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Inflation - Measurement (Teacher Presentation)
This updated and extended revision presentation looks at the main measures of inflation - and some of the challenges and problems of measurement
Launch interactive presentation on Measuring of Inflation
Download printable pdf handout of presentation slides
Inflation - Causes and Effects (Teacher Presentation)
This updated revision presentation takes a detailed look at the causes and effects of inflation. It explains the theory behind demand pull and cost push inflation, and examines recent trends in data on average earnings, commodity prices and the output gap. There are also some new weblinks to great interactive resources on inflation.
Launch interactive presentation on Inflation: Causes & Effects
Download printable pdf handout of presentation slides
Experimenting with Forums
One of my aims this term is to experiment with the use of forums as a way of encouraging students to write about economics and reflect on what they have read, seen, heard or discussed. It is still early days, but the Moodle VLE offers several different types of forums each of which can be used in a variety of ways.
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UK Economy ExamBuster 2009
Here is a study resource which will really help A2 students prepare effectively for exams in January 2010…
read more...»Kick-start for the economy?
The British Retail Consortium estimate that England’s qualification for the World Cup finals in South Africa next year could be worth £1.25 to the UK economy next year. Pubs could take an extra £30-40mn at each live match they show, and electrical manufacturers will get boom sales in flat-screen TV’s to those watching at home and supermarkets will sell huge quantities of food and drink to keep the blood sugar levels up and combat the nerves. Spending on world cup advertising in 2006 generated £300mn, sports kit manufacturers Umbro will be rushing to make more England shirts, and flights and package tours to South Africa are selling out fast. Could this be the news we need to combat the recession and get people spending again? The Times leader writer yesterday thought it might be; in spite of the trillions that have been spent in the last year, this could finally be the news that we need. I see lots of educational opportunities too - game theory as illustrated by the penalty shoot-out for a start (should you shoot left or right? And can the goalie guess which way the penalty taker will go, to save the match?).
Not all businesses will be so happy though. In 2006 estate agents found a huge drop of interest in house buying during the World Cup, and some cinemas had to close for the month with too few visitors. Not to mention the potential effect on A level students: the tournament kicks off on 11th June, with group matches and the knock-out round of 16 lasting through the rest of that month – just when the exams will be scheduled. Best to get the revision done early……..
Global recession timeline
This really useful interactive timeline helps you to follow the progression of recent key economic events and helpfully links back to relevant articles on the BBC news website - excellent for revision and improving your understanding of how we got to where we are!
Using the cost-benefit principle in your AS exam
The cost-benefit principle is one of those core ideas that can be brought into so many discussions both in micro and macroeconomics – you should be using it in your papers
read more...»Revision - Price Discrimination (presentation)
Here is a revision presentation on price discrimination.
Revision - External Shocks (presentation)
This streamed revision presentation takes a look at external shocks
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