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Senior Secondary

Economics

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118 prompts matching "Calculating consumer equilibrium across two goods from a marginal utility and pr"

Spot my mistake: Treating a rise in the price of one good as inflation

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Quiz: The difference between microeconomics and macroeconomics

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Quiz: Labour, and what determines its efficiency

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Practice set: The reward paid to each factor: rent, wages, interest and profit

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Quiz: The socialist economy and its defining features

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Quiz: Mean, median and mode applied to economic data

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Practice set: Measures of dispersion: range, variance and standard deviation

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Quiz: The determinants of demand other than price

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Practice set: Joint, competitive, derived and composite demand

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Quiz: The determinants of supply other than price

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Practice set: Joint supply and competitive supply

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Practice set: The price mechanism and its role in allocating scarce resources

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Quiz: Fixed and variable factors, and the short run against the long run

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Practice set: The three stages of production and which one a rational firm chooses

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Quiz: Monopoly, and the sources of monopoly power

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Practice set: Price and output determination under perfect competition and under monopoly

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Quiz: Partnership, and the liability partners carry

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Practice set: Comparing the sources of capital open to each type of business

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Quiz: The functions performed by a wholesaler

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Quiz: Birth rate, death rate and the rate of natural increase

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