Edexcel A-level Economics B 9EB0 · 1.3.3c
The operation of market forces to eliminate excess demand and excess supply
- Code
- 1.3.3c
- In
- 1.3.3 Price determination
- Topic
- 1 Markets, consumers and firms
- Course
- A-level Economics B 9EB0
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 1.3.3 Price determination
- 1.3.3a Equilibrium price and quantity and how they are determined
- 1.3.3b Excess supply and excess demand
- 1.3.3c The operation of market forces to eliminate excess demand and excess supply
- 1.3.3d Shifts in supply and demand and equilibrium
- 1.3.3e The limitations of the supply and demand model and its predictions