This course introduces key concepts and ideas related to the important economic concept of demand.
Understanding this material will provide students with a sound knowledge base and skills that can be used in studying other courses, whether they are Cambridge International Examinations (the British system), International Baccalaureate (International Education Foundation) or Advanced Placement (the American system).
This course discusses the following:
- Basics of demand
- Conditions of demand
- Consumer surplus
- Consumption patterns