2.2.2 Consumption (C) - Theme 2 Edexcel A Level Economics
This lesson introduces learners to one of the components of AD - consumption! We start with a recap of AD before looking at what consumption and disposable income is, we look at examples of where consumption comes from, marginal propensity to consume, save and APC formulas. A calculation task for consolidate the marginal propensity to consume. Some diagram practice before ending with a box plenary.
Colourful, concise and engaging slides!