Economics Australia-understanding demand

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Understanding Demand

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:

  1. Basics of demand
  2. Conditions of demand
  3. Consumer surplus
  4. Consumption patterns
  5. Elasticity

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  • Unit 5, 17 Foley Street
    Balcatta WA 6021

    Phone: + 61 8 9344 4088
    Fax: + 61 8 9344 4188

System Requirements

  • What computer and software will be needed?
    • Windows XP or Linux based computer with internet connection.
    •  Internet Explorer 8.0 and above OR Mozilla Firefox
    •  Quick Time Player 4 and above
    •  Acrobat reader 6 and above
    •  Adobe Flash Player
    Download speeds
    •  Min 2 Mbps or above speed is required for running video