Every week I read through The Economist to pick out articles that may be useful for teaching in the classroom. I’ll be sharing some of my notes and the discussion prompts I’ve come up with in these weekly posts. For students, they can serve as guide-rails for your reading. For teachers, I hope they will be helpful for your teaching.
Very good reading material to start thinking about why oil prices has fallen more than 50% in a short span of 7 months.
If prices represent the wisdom of the crowds and transmit important information, what could the oil price be telling investors, producers, and consumers here?
All students taking A-Level Economics in Singapore (either in 2014 or 2015) can participate.
Using H2 Economics knowledge, draw, write and submit via email (email@example.com) to me diagrams/pictures with explanation (250 words limit) to capture the story borne out by the six quotes in an article from this week’s The Economist: