Students studying AS Economics had a treat on Tuesday 24th September when Ipswich based Proveeda delivered three expensive sports cars to the college. Students were allowed to sit in the cars, including a Maserati which used to belong to Declan Donnelly.
The purpose of the lesson was for students to consider what constitutes effective demand. In Economics, demand is deemed to be effective if it is backed by the willingness and ability to pay for something. As part of the activity students discussed the concept of rational consumers and the price mechanism within markets.
Justin Bareham, Teacher of Economic said ‘The students greatly enjoyed sitting in the cars and commented on how it provided them with a way of remembering the content we were learning’.