Unit 2 Microeconomics HL
- Syllabus
- First assessment 2022
- Section
- —
- Level
- HL
Exam analysis
Most tested topics
- Demand
- Supply
- Competitive market equilibrium
- Critique of the maximizing behaviour of consumers and producers
- Elasticities of demand
- Elasticity of supply
- Role of government in microeconomics
- Market failure - externalities and common pool or common access resources
- Market failure - public goods
- Market failure - asymmetric information
- Market failure - market power
- The market's inability to achieve equity