Prices still rising
Recommend on Google+
Inflation measured by the CPI is currently at 3.5%, outside of the Bank of England’s target window. It is also much higher than many of our European Union counterparts. Have you noticed the prices in the supermarkets rising?
The information below is fantastic, showing prices last January compared with this January. A great way to teach inflation to year 11 pupils.

This sort of information could be set up within a department, pupils each year could be set the task to find out the current price of a number of different household grocery items. The following year the same would happen then pupils could work out the change in prices. This would take a bit of time to set up but over time you could have a great teaching resource.
blog comments powered by Disqus
Tags
activity, advertising, affordability, alistair darling, anti-competitive behaviour, anti-dumping, apple, appreciation, aqa gcse economics, articles, asia, balance of payments, balance of trade, bank of england, banks, basic economic problem, basket of goods, beat the teacher, benefits, bidet, birthrate, borrowing, budget, budget deficit, budget surplus, business growth, business objectives, capacity, capital, car industry, car manufacturing, cash cow, china, chocolate, christmas trees, class task, cocoa, competition, competition commission, competition in action, competitive markets, complements, conditions of supply, confidence, congestion, conspicuous consumption, construction, consumer confidence, consumer spending, consumers, costs, costs of production, costs, revenues and profits, cpi, credit crunch, cross price elasticity of demand, currency, data, data response, debt, deficit, delicious data, demand, demand and supply, demand and supply in action, demand for labour, demerit good, demerit goods, depreciation, derived demand, diagram, diagrams, diseconomies of scale, dollar, double dip, double-dip, downturn, easyjet, economic growth, economic gw, economic policies, economics, economies of scale, economy, elasticity, elasticity of supply, employment, end of term activity, enterprise, eu, euro, eurozone, exam advice, exam help, exam practice, exam style questions, exam technique, excess demand, exchange rate, exchange rates,All tags for the GCSE Economics Blog






