AS Economics: Bringing the Demand and Supply Curve Together

Curriculum support20 mins£2

Key takeaways
To understand what the market equilibrium is.
To understand how a shift in the supply curve will affect the market price.
T understand how a shift in the demand curve will affect the market price.
Chris CurryHost: 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 heard how fast the PS5 has sold out? This is an example of when the supply doesn't meet the demand. In this lesson, students will gain an understanding of how prices in a free market are decided and how shifts in the demand and/or supply curve impact on price. 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 - 13 but is great for any student interested in how the economy works!

Related Classes: AS Economics: The Supply CurveAS Economics: The Demand Curve, Currency Conversions

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 but is great for any student curious about economics.

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:

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