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As part of our introduction to micro economics we have been looking at the shortage of housing in the UK. The chronic shortage of affordable and suitable housing raises many micro (and macro) issues and I find it a good example of an issue where different policy measures can be looked at in a non-technical way as a path into supply and demand analysis. It also covers the ground with topics such as scarcity, changing needs and wants, affordability, cost-benefit principles, opportunity cost and production possibilities.

Video resources

David Lammy: Lack of housing forcing people into poverty

Can prefabs solve London's housing shortage?

Starter homes price restrictions call

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UK private rental sector must grow, says Montague report

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Hong Kong starts programme to tackle housing shortage

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Teaching the New AQA A Level Economics

Resources, approaches and support for teachers delivering the new AQA specification in A Level Economics (including the Year 1 AS teaching content)

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AQA Economics Year 1 (AS) Course Companion

Our AQA A Level Economics Year 1 (AS) Course Companion is the designed as a high quality and cost-effective replacement for expensive and overly complicated textbooks. The Course Companion maps precisely against the AQA specification and teaching content for Year 1 (AS) and provides students with comprehensive and concise coverage of what students really need to know and understand.

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AQA AS Economics Worked Answers (2014)

Exemplar A Grade answers to the AQA ECON1 and ECON2 exam papers in summer 2014

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Economics