Price Signals and Market Equilibrium · Supply & Demand

Demand and Supply Mechanics

Analyzing the factors that influence consumer willingness to buy and producer willingness to sell.

Key Questions

  1. 1How do changes in consumer preferences shift market outcomes?
  2. 2What happens to price when production costs suddenly rise?
  3. 3Why do some products become more expensive when they are popular?

MOE Syllabus Outcomes

MOE: Markets and Price Mechanism - S4
Level: Secondary 4
Subject: Economics
Unit: Price Signals and Market Equilibrium
Period: Supply & Demand

Suggested Methodologies

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