Economics Unit 2

Explore key economic concepts in this comprehensive Grade 11 Economics unit covering demand, supply, and market equilibrium. Delve into the fundamentals of demand theory, examine the Law of Demand, and analyze factors influencing changes in demand and supply. Investigate market dynamics through the study of equilibrium principles and gain a solid understanding of the Law of Supply and Supply Theory. Develop critical thinking skills and economic reasoning through this essential foundation in microeconomics.