Economic Theory and the Market · Contemporary
Supply and Demand
Analyzing how prices are determined in a market economy.
Key Questions
- 1How do shifts in supply and demand affect market equilibrium?
- 2What is price elasticity and why does it matter?
- 3How do government interventions like price ceilings affect the market?
Ontario Curriculum Expectations
ON: The Individual and the Economy - Grade 11ON: Market Operations - Grade 11
Grade: Grade 11
Subject: Canadian & World Studies
Unit: Economic Theory and the Market
Period: Contemporary
Suggested Methodologies
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