2.5.1 Inflation and interest rates (part 1) - Theme 2 Edexcel A Level Business
This lesson introduces learners to inflation and interest rates - economic influences is quite a large topic area to cover so it is split into two parts. We start by looking at some shocking (for students) price changes in the last few decades before looking at how inflation is calculated and the implications on businesses and concumsers.
We then go onto looking at interest rates and again, implications on consumers and businesses. Two essay exam style questions included on each topic - both with structure guidance and concise model answers to help students with peer assessments.
Colourful, concise and engaging slides!