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Market Equilibrium

Market Equilibrium

Demand and supply curves crossing at equilibrium price and equilibrium quantity

Market equilibrium occurs where quantity demanded equals quantity supplied. At this market-clearing price, there is no shortage or surplus, so there is no pressure for the price to change.

1.3.5 The determination of equilibrium market prices Lesson

  1. A Level
  2. /Economics
  3. /1.3.5 The determination of equilibrium market prices

Step-by-step lessons on AQA A Level Economics 1.3.5 The determination of equilibrium market prices. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons