Using a demand and supply diagram, explain the causes of the price trends discussed in the various articles.
Using evidence from the 2nd passage, to what extent is the demand for champagne elastic/inelastic?
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A resource for students preparing for A-Level Economics
Welcome to Economics Uncovered! This site provides some useful information for students taking A-Level Economics. For exam answering techniques, sample answers and sample notes, see October postings. Other posts are mostly reading material that will help students expand their knowledge of issues relating to the syllabus. (If you are a Cambridge A Levels student, please click here)
If you have questions or would like to view more sample answers/notes, email me at econs.uncovered@gmail.com.
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- Economics Uncovered
- Joanna Lim was formerly an Economics Lecturer at HELP University College and a consultant in KPMG Business Advisory. She thinks it is a shame that many people dislike economics. She hopes that beyond mastering the concepts she herself puzzled over in her college days, her students will also grow to love the subject.
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