Extensively tested in schools and colleges, this modular-based book
provides a progressive introduction to supply and demand analysis
and shows how it can be applied to real economic problems. Its use
of diagrams, examples and past examination questions helps the
student understand and apply the basic principles. It should be
useful to those studying economics modules on business and
management courses and also to those taking single semester or
non-specialist degree courses. Contents include: basic concepts;
price mechanism; elasticity; factor markets; government
intervention; applications; costs; multiple-choice questions; and
data response questions.
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