2.4.3—Market disequilibrium
- Syllabus
- 0455–2027–2028
- Objective
- 2.4.3
- Level
- —
2.4.3—Market disequilibrium
- disequilibrium prices and quantities:
- definition of market disequilibrium
- interpretation of disequilibrium using demand and supply schedules
- drawing and interpretation of disequilibrium using demand and supply curves
- shortages (demand exceeding supply) and surpluses (supply exceeding demand)
ConceptIGCSE Economics