pdf, 421.36 KB
pdf, 421.36 KB

This is a set of revision notes covering the ccea AS business studies topic of market forces (supply and demand). It includes subtopics such as definitions of supply, demand and market price, supply curve, demand curve, equilibrium point, excess demand, excess supply, shifts in demand and supply, new equilibrium, difference between quantity demanded and demand, determinants of demand, compliments and substitutes, determinants of supply and explaining a shift in equilibrium. These notes include definitions, examples and positives and negatives. I used these revision notes when revising for my own AS exams, in which I received an A in business studies, the highest grade attainable at AS. This is an excellent resource for students to use for personal study or for teachers to use in the classroom.

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