AQA A-Level Economics: Interrelationship between markets

A complete lesson suitable for AQA Alevel Economics to cover the interrelationship between markets.

PowerPoint includes a retrieval connect quiz to recover essential prior learning for this lesson on substitutes; complements; movement along and shifts in the demand curve; XED and PES. Students discover the interrelationship between markets through the impact of an interruption to the world cocoa harvest. They record definitions of composite demand; joint demand; derived demand; competitive demand; competitive supply and joint supply before a discussion of how these interrelationships can be shown via shifts or movements along the relevant demand or supply curves and how it is affected by elasticity. An independent apply worksheet asks students to transfer the economic model to the case study of electric vehicles. A plenary on the PowerPoint consolidates knowledge via a causal chain.

Includes PowerPoint; worksheet and teacher guide for non-specialists.