Topics
Signalling function
The signalling function of the price mechanism happens when prices adjust to show where resources need to be allocated and where they are not needed.
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What Do Free Market Economists Believe?
Study Notes
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Commodity Prices - Cocoa Prices Surge to 40 Year High
18th January 2024
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Olive Oil Prices Climb due to Summer Shortages
7th December 2023
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1.2.7 Price Mechanism (Edexcel)
Study Notes
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1.2.7 The Price Mechanism (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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France to spend €200m on destroying excess wine as demand falls
27th August 2023
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What is the Invisible Hand of the market?
Study Notes
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Soaring energy costs force UK tomato growers to quit
13th April 2023
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From Pasta to Turnips - the UK Food System Under Pressure
26th February 2023
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What is an Economic Model?
Study Notes
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Patterns of Demand - WFH takes shine off Kiwi polish
3rd January 2023
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Price Mechanism in Action - London Hotel Prices Soar!
12th September 2022
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The Price Mechanism (Revision Quizlet Activity)
Quizzes & Activities
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Price Mechanism - World Coffee Prices Hit 10-Year High
8th December 2021
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Behavioural features of the Xmas toy market
25th November 2021
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Markets in Action - The Rise and Fall of Milk
4th November 2021
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Explaining the Price Mechanism
Topic Videos
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Markets in Action - Soaring Helium Prices
Topic Videos
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Oil's amazing moment as crude prices fall below zero
22nd April 2020
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Coronavirus: Pandemic triggers sharp rise in price of medication
13th March 2020
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2020 Micro Economics Mock Playlist (Markets)
1st December 2019
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How Markets Work - Introductory Demand Concepts
Study Notes