Look at the notes you have made and then read the attached article and identify which factors are causing the changes in demand mentioned
http://news.bbc.co.uk/1/hi/business/5082460.stm
Thursday, June 15, 2006
Wednesday, June 14, 2006
Unit 1: The price of oil
The head of BP predicts the price of oil will fall from its current high level. Read the article and then use supply and demand analysis to explain his prerdiction. NB: YOU MUST BE ABLE TO SHOW THIS ON A SUPPLY AND DEMAND DIAGRAM
http://news.bbc.co.uk/1/hi/business/5069294.stm
http://news.bbc.co.uk/1/hi/business/5069294.stm
Unit 3: UK unemployment worsens
UK unemplyment has got higher over the last 3 month period. Why not do some research to put these figures in context; ie how do we compare to our European trading partners?
http://news.bbc.co.uk/1/hi/business/5078652.stm
http://news.bbc.co.uk/1/hi/business/5078652.stm
Unit 3: UK inflation rate above target
Look at the BBC article and think about the following:
Why has UK inflation risen above the giovernment's target?
What is the target?
What might happen now?
Also, watch the video clip The factors fuelling inflation
http://news.bbc.co.uk/1/hi/business/5074570.stm
Why has UK inflation risen above the giovernment's target?
What is the target?
What might happen now?
Also, watch the video clip The factors fuelling inflation
http://news.bbc.co.uk/1/hi/business/5074570.stm
Saturday, June 10, 2006
Unit 1: Demand for TVs
Look at the attached article and then explain, using demand theory, what has happened to the demand for TVs in the lead up to the world cup
Draw a diagram to show the effect on the demand curve for TV's
http://news.bbc.co.uk/1/hi/business/5064406.stm
Draw a diagram to show the effect on the demand curve for TV's
http://news.bbc.co.uk/1/hi/business/5064406.stm
Friday, June 09, 2006
Unit 1: World cup effects UK demand
Look at the BBC post below and ask yourself which of the factors effecting demand are at play
http://news.bbc.co.uk/1/hi/business/5051422.stm
http://news.bbc.co.uk/1/hi/business/5051422.stm
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Over the coming months I intend to post items that will be of interest to any students and teachers involved in studying AS Economics
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