ATARMAxxing · QCE Year 11 Economics revision notes
Market forces
Unit 1: Markets and models · Unit 1 Topic 3
What this note covers
- Markets, consumer sovereignty and types of goods
- Demand, supply, equilibrium and disequilibrium
- Price elasticity of demand: meaning, determinants and calculation
- Other elasticities and investigating an Australian market
4 sections · 11 key terms & formulas · 5 common mistakes
Common questions
What does the QCE Year 11 Economics note "Market forces" cover?
This note has 4 sections on Market forces. It includes 11 key terms and formulas, plus 5 common mistakes. It covers U1, Unit 1 Topic 3. The full section list is shown under “What this note covers”.
Is this QCE Year 11 Economics note free to read?
A sample section is free on the QCE Year 11 Economics hub. Full topic notes unlock with the Mastery Pack, one payment, no subscription.
Included in the QCE Year 11 Economics Mastery Pack
2 original practice exams with worked solutions, 7 revision notes, 70 practice questions and 84 flashcards.
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