CIE Economics Micro 1

Cambridge International A-Level Micro 1 introduces students to the core principles of microeconomics and how markets allocate scarce resources.

The course develops understanding of demand and supply, elasticity, market equilibrium, consumer and producer surplus, and the operation of the price mechanism.

You will explore utility theory, indifference curves and budget lines, developing a deeper understanding of consumer behaviour and how individuals make economic choices. The course provides the foundations needed to analyse how consumers, firms and markets respond to changes in economic conditions