Key takeaways
An understanding of why the demand curve slopes down from left to right.
Understand how real world situations impact on the demand curve.
Understand how the demand curve should be drawn and labelled in an exam.
Host: I have taught Economics for the last 27 years, since completing my PGCSE in Business Education at Sheffield Hallam University. I have been a heard of department for the last 20 years and have worked as an examiner for AQA.Have you ever heard about a product being high in demand? Or what happens when a product is in high demand? In this lesson students will gain an understanding of the demand "curve" and what might cause it to shift to the left or right. Common exam mistakes will be explored and students will apply the theory to demonstrate the impact of real world scenarios. This class is aimed at Years 12 and 13 and is a good introductory video to economics.
Want to learn more?: Financial Foundations: Saving, Spending, Debt, Currency Conversions, Best Buys (Unitary Measures)
Safeguarding reminder:The safety of your child is of the utmost importance. All of our classes are pre-recorded to remove any concerns around live participation. For reruns of our past live classes, students' webcams and microphones were disabled and only the chat history, if participation was requested, is visible.
Suitable for:
This class is suitable for students in Years 12 - 13.
Class requirements:
You will need a laptop or device with internet connection to watch the class, as well as a pen and notepad for taking notes.
What to expect:
- This class will take place online via a Zoom webinar.
- For live classes, please arrive promptly. Students' cameras and microphones are disabled by default.
- For on demand classes, students will be watching a recording of a previous live class.
- Once you have signed up, you will be taken to your dashboard where you can view details of the class, and re-watch it in the future.
- Students will be sent confirmation of the class to their email address if provided.