Main menu For students For teachers Explore our subjects Student events & courses

Teaching Economics

Blog

A royal ring for a fraction of the price

Jim Riley

13th December 2010

Share this content:

I blogged lost week that lots of firms are trying to cash in on the royal wedding but few will have started production as quickly as this Chinese firm. Each replica ring will cost as little as £2 each. This video could be used for a variety of lessons including economies of scale, productivity and international trade.

Share this content:

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.