Unit Award Scheme

120408 ECONOMICS (UNIT 7): SUPPLY AND DEMAND PART THREE

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	the eight determinants of supply of a good or service	Summary sheet
2	the five determinants of demand for a good or service	Summary sheet
3	the difference between a change in quantity supplied and a change in supply	Summary sheet
4	the difference between a change in quantity demanded and a change in demand	Summary sheet
demonstrated the ability to
5	interpret shifts of supply and demand curves resulting from a change in supply or demand	Summary sheet and/or student completed work
6	plot movements along supply and demand curves on a given graph	Student completed work
7	plot shifts of the supply and demand curves on a given graph.	Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 12 February 2024Level - Level One