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Supply

Edexcel 9EB0T1-2bA-levelLesson packSubscription
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  • 10 questions
  • 40 marks
  • about 60 minutes
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About this resource

Edexcel Economics B (9EB0) Theme 1, Unit T1-2 (spec ref 1.3.2) — producer objectives, the supply curve and why it slopes up, the difference between a movement along and a shift of the supply curve, and the factors that shift supply.

18 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Producer Objectives — Profit Maximisation
  3. Hinge Check — What Drives Profit Maximisation?
  4. The Supply Curve — Why It Slopes Upwards
  5. Reading the Supply Curve
  6. Hinge Check — Why Does Supply Slope Up?
  7. Movement Along vs Shift of the Supply Curve
  8. Hinge Check — Movement or Shift?
  9. Guided Practice — Shift the Supply Curve
  10. What Causes Supply to Shift?
  11. Hinge Check — External Shocks
  12. Apply It — Rising Costs in Haulage
Unit bundleTheme 1 · Markets, consumers and firms
Part of: Theme 1 · Markets, consumers and firms: the whole unitEvery resource in the unit in one zip.

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