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ZIMSEC A-Level Economics

3Demand Theory

Demand Theory in ZIMSEC A-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Topic134 practice questions6 lessons

Overview

Form 5 (competency matrix 8.1.3: demand and elasticity) and Form 6 (8.2.1: utility and indifference curve theories).

In this topic

Lessons

  • Demand: the demand curve, its determinants and shifts

    45 min

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  • Income elasticity and cross elasticity of demand

    40 min

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  • PED, total revenue and pricing decisions

    45 min

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  • Price elasticity of demand: measuring and interpreting responsiveness

    45 min

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  • Utility, diminishing marginal utility and the equi-marginal principle

    50 min

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  • Indifference curves, budget lines and the income and substitution effects

    55 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Demand Theory: sample question

1 mark

Which of the following causes a movement along the demand curve for tomatoes?

Choose one answer

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