Snap crackle and pop! Supply and demand in the cereal market
A farmer friend of mine recommended subscribing to the Grocer magazine for Business Studies stories and I am delighted to say that it has some fantastic articles for use in both economics and business classes. This example is perfect for a supply and demand lesson. It seems customers cereal tastes have changed with old favourites such as rice krispies loosing 11.8% of sales.
A great starter for a supply and demand lesson would be to get students to read the article and find as many reasons for the drop in sales as possible.
This course focuses solely on teaching & learning resources and approaches to delivering the wider range of quantitative methods contained in the new A Level and AS Level specifications. We've put together a comprehensive collection of teaching materials that will help accelerate your planning and preparation for the extended QM elements for A Level Economics.