tutor2u GCSE Economics Blog

Tracker Pixel for Entry

Supply and demand in action – copper thieves

Thursday, February 17, 2011
Print Tweet This!Save to Favorites
Recommend on Google+

The price of copper has soared lately due to an increase in demand, mainly from China. This has had some interesting consequences with thieves showing their financial acumen as they steal as much as they can from railways and electricity networks. This will only increase the demand further as firms have to replace stolen copper wiring. Can your students draw a supply and demand diagram to show this?

Video
Video


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, cost of living, 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,
All tags for the GCSE Economics Blog
Blog RSS feed Blog RSS Feed

Latest entries

Categories