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2.5. Price changes

Syllabus
0455–2027–2028
Topic
2.5
Level
—

2.5.1—Causes of price changes

  • how price changes are caused by changes in demand and supply

2.5.2—Consequences of price changes

  • effect of price changes on sales
  • use of demand and supply diagrams to illustrate the impact of changes in market conditions

Objective notes

2 learning objectives
ConceptIGCSE Economics