Keele University
Keele University
In this interactive workshop participants experiment with key economic concepts. Participants act out the interaction of profit maximizing producers and utility maximizing consumers in a ‘Pit Market’ to determine the price and quantity traded of a good. at Keele University

Market Experiment - Economics academic university taster session

University event offered by Keele University

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Short Session  Delivered at your school/college or Keele University Minimum students: 5

In this interactive workshop participants experiment with key economic concepts. Participants act out the interaction of profit maximizing producers and utility maximizing consumers in a ‘Pit Market’ to determine the price and quantity traded of a good.
Suitable for
Bookings by Teachers for Key Stage 4 (Students aged 14-16)
Bookings by Teachers for Key Stage 5 (Students aged 16-18)

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Full event details

The experiment can explore the effects of taxation, changes in production costs etc. on the equilibrium price and quantity.

Talks can be adapted to last for anywhere between 30 minutes and 1 hour.

Requesting a session is easy:

1. Identify an area in which you require academic or IAG support.
2. Provide further details and your requirements, including your preferred date and time.
3. We will review your request and get back to you as soon as possible.
4. We will agree a suitable date to deliver the session on our campus or at your school or college.
5. We will deliver the session.
6. We will invite your feedback.
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Suitable for
Bookings by Teachers for Key Stage 4 (Students aged 14-16)
Bookings by Teachers for Key Stage 5 (Students aged 16-18)
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