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In this GCSE Economics lesson with Mr. G, we explore the key factors that influence supply and how they impact business decisions in the real world. Learn how production costs, technology, government policies, indirect taxes, subsidies, weather, and expectations can shift the supply curve in a market. This video helps students understand how supply decisions are made by producers, why the supply curve shifts, and how external factors influence overall market outcomes. Perfect for students studying the AQA GCSE Economics syllabus or anyone wanting a clear understanding of supply in economics. 📘 Topics covered: • Definition of supply • Non-price factors affecting supply • Real-world examples from UK industries • How supply shifts impact equilibrium prices 👨🏽🏫 Taught by Mr. G — your Business and Economics teacher, making complex topics simple and exam-ready.
