This sequence of lessons (roughly two) focuses upon the application of the price mechanism theory, as required by the specification section below:
1.2.7 Price mechanism
b) The price mechanism in the context of different types of markets, including local, national and global markets.
The resources include questions and contexts for the students to practise. These include house prices and negative oil prices (which occured during the 2020 lockdown).
Clear, colourful and engaging PowerPoint which links to the worksheets.
Edexcel-specific set of notes for the student (and teacher!).
Worksheets that match-up with the slides and clearly link to the specification.
All resources are an original creation, detailed and very thorough. These lessons focus specifically upon Edexcel A Economics, but the fundamental premise could be applied to any exam board.
COPYRIGHT INFORMATION ©
All credits and copyright information can either be found beneath the photo/URL itself or on the last slide of the PowerPoint.
All content (unless otherwise stated) is copyright © Michael Wilson (Teachonomics Ltd.) - including notes, worksheets and the occasions when mark schemes and exemplar answers have been used.
The negative oil prices exam-style question is an original creation © Michael Wilson (Teachonomics Ltd.)
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