Microeconomics: Demand, Supply and Intervention
EnglishDemand and supply, consumer and producer surplus, and government intervention in markets.
Explore localized microeconomics and macroeconomics resources, from market equilibrium to welfare and policy analysis.
Choose a topic, then open the printable exercise or practise interactively in Hoppy.
Demand and supply, consumer and producer surplus, and government intervention in markets.
Economic growth, international trade, monopoly welfare, money market, and AD-AS equilibrium.
Interactive economics diagrams for senior secondary questions, covering supply and demand, elasticity, policy interventions, welfare areas, and AD-AS.
Market equilibrium
Demand shift
Demand and supply shift
Inelastic demand
Perfectly elastic demand
Perfectly inelastic supply
Tightened price floor
Tax burden — supply more elastic
Tax burden with perfectly elastic demand
Market equilibrium: CS and PS
Price ceiling: CS, PS, and DWL
Effective quota: CS, PS with quota rent, and DWL
Subsidy: CS, PS, and DWL (demand more elastic)
Perfectly elastic demand: tax revenue and DWL
CS, PS, tax revenue, and DWL legend
Four possible equilibrium points A-D
Four welfare areas A-D
Subsidy benefit areas A-B
AD-AS deflationary gap
AD-AS demand-pull inflation
AD-AS cost-push inflation
Money market equilibrium
Money demand increase
Money supply increase and lower interest rate
Import tariff and tariff revenue
Import quota and quota rent
Currency appreciation and export demand
Monopoly profit-maximizing price and output
Monopoly CS, PS, and DWL
Monopoly marginal cost increase
Efficient, inefficient, and unattainable points
PPF biased growth
Gains from trade and terms-of-trade line