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No! And to an A-Level (or Matura) economist it should be immediately clear why not. Why can’t you compare stock market value with GDP? Think this through before you read this.

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A very accessible (easy to read) article about how a new UK firm is making solar power available to families in Kenya through a leasing scheme. The energy provides enough power for two lightbulbs and a mobile phone charger.

Questions: Explain how the scheme works, and outline the advantages and disadvantages to families of participating.

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Discussion questions:

  • How important for you is a car? (Could you live without one?)
  • Is it important to have an expensive (BMW, Mercedes, Lexus…) car?
  • Do you think you a person’s car is a reflection of their personality?
  • Do you think there is a market for this car in India? In Austria?? In the US???
  • Reading between the lines, what are the reasons why Tata thinks the first Nano didn’t sell well?
  • What other reason do analyists also have for the poor sales?