Economics

In the News

UK House Prices and Living Standards - "A-maze-balls" activity

Jonny Clark

7th November 2017

According to the Halifax, house prices continue to rise in the UK (4.5% on average in the year till October) and will carry on doing so in the near future.  The value of houses are an important indicator of economic fortunes and can often impact on consumer confidence.

The cause of house price increases can be macro (the increase in interest rates recently may dent the constant house price increase as borrowing will become more expensive) and can be micro.  Other factors can determine demand (and therefore prices) of houses in different parts of the country.  Factors can include the quality of schools, levels of pollution and the general 'desirability' of the location.

Try using this 'A-maze-balls' activity to promote discussion about house prices and living standards in the UK.

The activity has 10 questions, each with 3 possible answers.  Players must decide which of the answers is the 'amazing' truth and which is utter rubbish.

Jonny Clark

Jon Clark has been teaching economics and business studies for over 25 years primarily in the Further Education sector. Before joining tutor2u, he was a senior manager at South Cheshire College in Crewe.

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