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Unit 3 Area of Study 1: The market system, resource allocation and government intervention

4 Lessons
  1. Scarcity, the PPF and efficiencyCore
  1. Demand, supply and market equilibriumCore
  1. Price elasticity of demand and supplyCore
  1. Market failure and government interventionCore
Independent preparation for VCE Economics Units 3 and 4. Not affiliated with or endorsed by the Victorian Curriculum and Assessment Authority (VCAA). No GST is charged.