Markets and Price Determination · Supply & Demand

Demand and Supply Analysis

Examining the determinants of demand and supply and the process of price adjustment.

Key Questions

  1. 1How do changes in consumer preferences alter market outcomes?
  2. 2What incentives drive producers to change their output levels?
  3. 3How does the price mechanism signal information to market participants?

MOE Syllabus Outcomes

MOE: Markets and Price Determination - JC1
Level: JC 1
Subject: Economics
Unit: Markets and Price Determination
Period: Supply & Demand

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