Enrichment
Is there a 'right' price for oil? [Year 13 Enrichment Task}
29th April 2020
Both of this week's enrichment tasks for economics students are based on the extraordinary events in oil markets in the last few days. For year 13 students (and year 12's who would like to have a go at this topic) the question posed asks them to consider all stakeholders in the oil industry, from producers and employees to competing producers of renewable fuels, and decide whether there is such a thing as a 'right' price for oil, and how such a price might be set.
For a reminder of the meaning of 'stakeholders', look here: https://www.tutor2u.net/economics/topics/stakeholder
Yr 13 4 Is There A Right Price For Oil And How Would You Set It
You might also like

High Gas Prices - Effects on Businesses and the UK Economy
17th March 2023

Should the Drax Power Station subsidy be cut
24th February 2023

Roubini on mega-threats for the world economy
20th January 2023

Renewables - Could floating solar farms survive out at sea?
11th January 2023