Unit 1 Micro: The Price of a Pizza in Brazil
Have a guess at the price tag (measured in US dollars) of a large margarita pizza in the comfortable middle-class environment of San Paulo in Brazil? Would you expect it to be less or more expensive than say a home delivered pizza to your house from leading UK business Dominos?
The answer may come as something of a surprise - expect to pay between $35 and $40 for a restaurant pizza! Watch the video to consider some of the factors that make the cost of living in some Brazilian cities amongst the most expensive in the world.
WOW! Economics 2015 builds on the phenomenal success of the previous two years with yet another resource-packed day designed to provide teaching colleagues with effective and innovative teaching & learning materials. The feedback on WOW! Economics 2015 has once again been stunning - join Jonny, Bob, Nikki, Ruth, Penny and the tutor2u Economics team for this terrific CPD course.