The World on Wednesday – supply and demand in China

In a new feature for the GCSE blog, I thought it would be interesting to look at economic stories from around the world which could ordinarily be missed. The first one comes from China where Garlic is surpassing gold as the country’s best performing asset. This article is full of great examples which could be used in a demand and supply lesson. Students could be asked to read the article and search for factors that have caused the price of garlic to shoot up. More able students could then illustrate the effects using supply and demand diagrams.