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Market equilibrium

Market equilibrium

Supply and demand curves intersecting at equilibrium price and equilibrium quantity Market equilibrium occurs where the demand and supply curves intersect. At this point, quantity demanded equals quantity supplied, so the market clears.

1.2.6 Price determination Lesson

  1. A Level
  2. /Economics
  3. /1.2.6 Price determination

Step-by-step lessons on Edexcel A A Level Economics 1.2.6 Price determination. 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