ABC Humanities

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taxation

Check you know the main principles by reviewing the list of different topic areas, either click on the topic heading to quick learn the whole topic or pick individual principles to brush up.

Inflation is one of the most important issues in economics. It influences the interest rate we get on our savings and the rate we pay on our mortgages. Inflation also affects the level of state pensions and benefits, as well as the price of some train tickets.

Alzaheimer

1. Price Elasticity of Demand This measures the relationship between changes in price of a product and the change in demand for the product.

Clear, but just text - could be used as a reference for some independent learning (homework) - does include an 'Action' and has some side links for further study.

"You may feel bound to your timid demeanor, your stifling job, or your rancorous relationship, but there is one realm over which you unquestionably have control: your own head. Herein, five principles of change to turn you into a self-starter."

ABC Humanities Inset Resources

An introduction to Elasticity covering PED, PES, YED, XED in some detail. Not at all flashy, but I hope useful

too word heavy - unlikely to use it

elasticity video

spent 5 minutes trying to load up and couldn't :-(

Supply and Demand in 3.5 Minutes

An explanation of supply and demand curves.

Economics explained, supply and demand outcomes

economics supply and demand economics

interaction TES resource

Farm themed group excel activity which demonstrates the interaction between supply of a product and price. Easily modified for KS4 or 6th form. Seems to work well!

gcse economics - demand and supply - price equilibrium Price equilibrium is found where supply and demand are equal. This is the point where both sellers and buyers are happy with the price and quantity.

Uses the product of Cadbury Dairy Milk (close to many people's hearts!) to get students to draw supply and demand curves. Also requires them to shift lines and considers the idea of a market not being in equilibrium. Also includes 2 short homework questions on a similar theme.