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Economics

Student Videos

Markets in Action: Supply and Demand for Strawberries

Level:
GCSE, AS, A Level, IB
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

In this series of short videos, we explore supply and demand factors that influence market prices for strawberries.

Video 1: Changing market prices

Markets in Action: Supply and Demand for Strawberries

Video 2: Demand and supply factors

In this video, we look at some of the key factors influencing market demand for and supply of strawberries. This is part of our introduction to the market mechanism.

Video 3: Demand curves

In this video we look at the nature of the demand curve, causes of shifts in demand and also the possibility of a non-linear demand curve for a product.

Video 4: Supply curves

In this video we look at the basic law of supply for producers driven by the profit motive and then consider how changes in the conditions of supply can lead to inward and outward shifts of the supply curve.

Video 5: Equilibrium prices

In this video we look at some factors that can bring about a change in the equilibrium price in the market for strawberries.

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