This is a big story in the run up to the 2017 General Election. The Conservatives (traditionally a less interventionist, free market party) are proposing to impose a price cap to address ‘rip-off’ energy prices.
Consider these issues:
- Why is this being proposed?
- How would it work?
- Will the policy achieve its aims or is it just another example of short-sighted politics getting in the way of markets?
- Are there any other ways of achieving a more efficient outcome in the market?
- Can behavioural theory help us understand the issues and what can be done?
Tory’s plan energy price cap
How will price caps work?
Isn’t this Labour’s idea?
Audio clip: Could a price cap stifle competition?
Great revision resources from Tutor2U
Multiple Choice Quizzes
As your syllabus is new, there aren’t any past papers to work with. However, the previous syllabus is still very relevant and the questions in Unit 3 are well worth using. While the way you are assessed has changed a little, what you are assessed on hasn’t changed a great deal.
Please hand in any essays you write so I can mark them and give you feedback over the final weeks of th course.
Your task over the next two weeks is to create a high quality blog about inequality and poverty.
This Project Brief sets out clearly what is expected. This Assessment rubric will give you further clarity about success criteria for your project.
Remember, part of the challenge of this work comes with managing your time and your team. The deadline is Weds 29th March.
Thank you for your fantastic work on this project. Your blogs are excellent and can be seen below. Please take some time to look at each other’s work.
The following videos provide some compelling insights into the scale, causes and effects of inequality around the world.
The Equality Trust provides some very useful statistics to help illustrate the scale of inequality in the U.K. Take a look at the site and identify five key issues for discussion.
The charts below show how inequality has changed over time:
Tutor2U has provided another excellent set of videos analysing and evaluating the national minimum wage.
Analysing the NMW
Evaluating the NMW
Here’s our class essay, missing the conclusion. Remember, there are lots of ways to answer this question – this just gives you an idea of structure and technique.