pages, 4.17 MB
pages, 4.17 MB

32 pages detailing the fundamentals of A level microeconomics. Includes the economic problem, PPF, demand curve, supply curve, market equilibrium and disequilibrium, price mechanism, consumer/producer surplus, PED/YED/XED/PES, subsidies, minimum price control, maximum price control, market failure, externalities, public goods, indirect taxation, tradable pollution permits, government failure, economic systems, positive/normative statements, specialisation and division of labour.

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