The price system and the micro economy

This is the Unit 2 of Cambridge A Level Economics Syllabus ( The price system and the micro economy).

  1. Individual and Market Demand Curves
  2. Factors influencing demand
  3. Movements along and shifts of a demand curve
  4. Price, income and cross-elasticities of demand
  5. Individual and Market Supply Curves
  6. Price Elasticity of Supply
  7. Equilibrium and Disequilibrium in the market
  8. Joint demand and alternative demand
  9. The workings/functions of the price mechanism
  10. Consumer Surplus and Producer Surplus
  11. Law of diminishing marginal utility

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