A Level Economics AS & A2

The price system and the microeconomy
Weekly class
A Level Economics AS & A2
Weekly class
RM 280/month
RM 70.00/hour

60 minutes

1 learner per class

Course Highlights

Meets 1 time per week
1 learner per class
60 minutes per session
Online class (via Zoom / Google Meet)
Communicates in English, Simplified Chinese

About this course

Learners will learnt about different types of elasticity being price elasticity, income elasticity and cross elasticity of demand (PED, YED, XED). Learners will be exposed to more how to apply the knowledge above by discussing the significance of relative percentage changes and the size and sign of the coefficient.

Price elasticity of supply will be discussed as well as the interaction between demand and supply curve.

Definition and significant of consumer surplus and supplier surplus will be discussed at the end of the topic