Consumer Surplus and Changing Prices
- Levels: AS, A Level, IB
- Exam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC
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.
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Geoff Riley FRSA has been teaching Economics for 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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