These comprehensive video lessons help IB Economics students Standard Level (SL) and Higher Level (HL) understand and master the essential concepts needed for success in IB Exams. Each video focuses on 2.3 Competitive Market Equilibrium and is aligned with the IB Economics syllabus, ensuring focused learning on microeconomics, macroeconomics, and international trade. Students can watch and rewatch anytime, anywhere, perfect for visual learners, reinforcing complex concepts, and understanding IB methodology. By using RevisionDojo's video lessons consistently, learners build deep understanding and enter the exam with confidence.
2.3.1 Demand and supply curves forming a market equilibrium
2.3.1 Demand and supply curves forming a market equilibrium
2.3.2 Shifting demand and supply curves to produce a new market equilibrium
2.3.2 Shifting demand and supply curves to produce a new market equilibrium
2.3.3 Functions of the price mechanism
2.3.3 Functions of the price mechanism
2.3.4 Consumer and producer surplus
2.3.4 Consumer and producer surplus
2.3.6 Allocative efficiency at the competitive market equilibrium
2.3.6 Allocative efficiency at the competitive market equilibrium