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ZIMSEC O-Level Economics

6.7.3Changes in the equilibrium point

Changes in the equilibrium point in ZIMSEC O-Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic18 practice questions1 lesson

Learning objectives

What the syllabus expects you to be able to do.

  1. 6.7.3.1Form 3: show shifts of the demand and supply curves, how a new equilibrium is established and what causes the shifts.

Lessons

  • Price changes and the new equilibrium

    30 min

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Sample question

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

Changes in the equilibrium point: sample question

1 mark

The demand for a good increases while supply is unchanged. What happens to the equilibrium price and quantity?

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