Microeconomics

Table of Contents

1. Topic pack - Microeconomics - introduction
2. 1.1 Competitive Markets: Demand and Supply
3. 1.1 Competitive Markets: Demand and Supply - notes
4. 1.1 Competitive markets - questions
5. 1.1 Competitive markets - simulations and activities
   1. PlotIT - Build a demand curve
   2. Step by step - a decrease in demand
   3. Step by step - an increase in demand
   4. Step by step - a decrease in supply
   5. Step by step - an increase in supply
   6. PlotIT - Build a demand and supply diagram
   7. DragIT - Demand and supply
   8. Diagram toolkit
   9. Air travel (1)
   10. Air travel (2)
   11. Air travel (3)
   12. iPods (1)
   13. iPods (2)
   14. iPods (3)
6. 1.2 Elasticities
7. 1.2 Elasticities - notes
8. Section 1.2 Elasticities - questions
9. Section 1.2 Elasticities - simulations and activities
10. 1.3 Government intervention
11. 1.3 Government Intervention - notes
12. 1.3 Government intervention - questions
13. 1.3 Government intervention - simulations and activities
14. 1.4 Market failure
15. 1.4 Market failure - notes
16. Section 1.4 Market failure - questions
17. Section 1.4 Market failure - simulations and activities
18. 1.5 Theory of the firm
19. 1.5 Theory of the firm - notes (HL only)
20. Section 1.5 Theory of the firm - questions
21. Section 1.5 Theory of the firm - simulations and activities
22. Print View

Diagram toolkit

In the diagram toolkit you get given a panel showing possible curves and labels and you then drag these curves onto targets on the diagram to try to build an appropriate diagram.

There are a number of sections. Follow the links below to access the different sections or use the table of contents on the left.

• The market for air travel (1)
• The market for air travel (2)
• The market for air travel (3)
• The market for iPods (1)
• The market for iPods (2)
• The market for iPods (3)

Why not try the one below as some practice? Drag curves and labels onto the targets on the diagram to build a demand and supply diagram showing a market in equilibrium. Once you think the diagram is right, click 'Check answer'. To see the correct answer, click the 'Feedback' button.

Click on the right arrow to start trying out the diagram toolkit.