H2 Economics

20 Feb 2023 (Mon) Announcement for Pre-Lecture Preparation

Dear H2 Economists, as we are moving on to a new topic, you are strongly advised to read up your new lecture book: Microeconomics Lecture Book 2 (Available from 22 Feb Wed at the Photocopying Shop)

1) Thursday 23 Feb Lecture: Unit 2A: Page 5 – 15 and view the following videos: 

• Explaining the difference between a change in quantity demanded vs a change in demand https://www.youtube.com/watch?v=9jLlOPqHxLs

• Explaining the shape and slope of the demand curve- https://www.youtube.com/watch?v=kUPm2tMCbGE 

• Explaining Shifts in Market Demand - https://www.youtube.com/watch?v=XYr8natwhuY

2) Friday 24 Feb Lecture: Unit 2A: Page 6 – 16:

• Supply

• Determination of Market prices and output

• Effects of changes in demand and supply on the market price and output