AS Economics - Max and Min Price (3 lessons)

With over a decade of teaching experience, I’ve created this comprehensive resource on Maximum and Minimum Prices, focusing on their effects on Consumer and Producer Surplus, market shortages, and surpluses. Featuring detailed explanations, advanced exercises, and real-world examples, this resource is perfect for both new and experienced teachers.

What’s included:
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• Maximum and Minimum Prices: Detailed analysis of price ceilings, floors, and their market implications.
• Consumer and Producer Surplus: Examination of surplus distribution changes due to price controls, supported by advanced graphs.
• Real-world examples: Practical scenarios like rent controls and minimum wage policies.
• Engaging exercises: Hands-on tasks with step-by-step answers provided.

Key Features:

• Comprehensive and syllabus-aligned content: Covering all aspects of price controls with clarity and precision.
• Advanced graphs and visuals: Demonstrating impacts on shortages, surpluses, and surplus distribution.
• Exam-focused preparation: Equipping students to confidently tackle related questions.
• Real-world applications: Connecting theory to practical scenarios for better understanding.
• Plug-and-play design: Fully prepared lessons to save time and deliver impactful teaching.