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2020 Micro Economics Mock Playlist (Markets)

Geoff Riley

1st December 2019

Many students are gearing up for mock exams in Economics. In this blog I have assembled a playlist of key revision videos covering basic introductory microeconomics including supply and demand and elasticity of demand and supply that might help you to smash your mock papers!

Positive and Normative Statements
Opportunity Cost - Two Applied Examples
Production Possibility Curve - Movements along the Curve
MCQ Revision Question - PPF and Increasing Opportunity Cost
Production Possibility Curve - Shifts in the PPC
Substitutes and Complements
Coefficients of Elasticity of Demand
Price Elasticity of Demand
Price Elasticity of Supply
Cross Price Elasticity of Demand
Income Elasticity of Demand
Consumer Surplus - Price Changes and Welfare
Derived Demand and Composite Demand
Producer Surplus - Evaluating Impact of Price Changes
Pareto Efficiency and Pareto Improvements
Price Elasticity and Total Revenue
Changes in Equilibrium Prices
Markets in Action: Soaring Helium Prices
Markets in Action: Cocoa Price Volatility
Markets In Action: Price Volatility in the Market for Avocados

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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