Microeconomics

Table of Contents

1. Topic pack - Microeconomics - introduction
   1. Key terms - competitive markets
   2. Key terms - elasticity
   3. Key terms - government intervention
   4. Key terms - market failure
   5. Key terms - theory of firm
   6. Aims of the economics course
   7. Assessment Objectives
   8. Section One Structure
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
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

Key terms - market failure

One of the key things you need to be sure to know are the definitions of all key microeconomics terms. In this section we give you explanations and definitions of terms relevant to market failure.

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• Key terms - market failure