A short revision video covering consumer surplus and the effects of shifts in supply and demand and also maximum prices on the level of consumer surplus. Consumer surplus is one measure of economic welfare.
Wednesday 13 December 2017
Monday 11 December 2017
Sunday 10 December 2017
Suppy & Demand - The price of wool collapses in the UK
Click here to access an article on wool prices in the UK. Useful in determining factors affecting supply and demand. How could sheep farmers react to this?
Thursday 7 December 2017
A2 Microeconomics - Course Companion
Thank you to Geoff and the team for this course companion. Everything you need to know about micro economics for the A level examination.
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