Economics class podcast: Rishi Sunak’s dash for oil and gas

Economics class podcast: Rishi Sunak’s dash for oil and gas

Receive free FT Schools updates

This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.

Read our full range of economics picks here.


Click to read the article below and then answer the questions:

Rishi Sunak’s dash for oil and gas

  • Distinguish between the primary, secondary, and tertiary sectors

  • Identify the factors of production

  • Use a diagram to explain how a nation’s factor endowments determine the position of its Production Possibility Curve (PPC)

  • Distinguish between i) a positive externality; and ii) a negative externality

  • Using a demand and supply diagram, analyse the intended effects of Ultra Low Emissions Zones (ULEZ)

  • Identify three factors which are constraining the government’s ability to spend more on public services

  • Distinguish between positive and normative economic statements

  • Evaluate the extent to which a government should prioritise global issues such as the environment over individual freedoms

Gavin Clarke, Emmanuel College

Leave a Reply

Your email address will not be published. Required fields are marked *