7. The price system and the microeconomy
- Syllabus
- 9708–2026–2027
- Section
- 7
- Level
- A2
Exam analysis
Most tested topics
- Utility
- Indifference curves and budget lines
- Efficiency and market failure
- Private costs and benefits, externalities and social costs and benefits
- Types of cost, revenue and profit, short-run and long-run production
- Different market structures
- Growth and survival of firms
- Differing objectives and policies of firms