Topics
Community surplus
Community surplus is the sum of consumer and producer surplus at a given market price and output. Community surplus is maximised in competitive markets at an equilibrium output when price = marginal cost.
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1.2.8 Consumer and Producer Surplus (Edexcel)
Study Notes
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Revising Consumer Surplus
14th December 2022
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Producer Surplus - Shifts in Supply and Demand
Topic Videos
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Price Discrimination - Four Revision Videos
Topic Videos
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Key Diagrams - Consumer and Producer Surplus
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Welfare Loss - Applying The Concept in Exams
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Economies of Scale and Consumer Surplus
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Deadweight Loss of Welfare Short Answers
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Indirect Taxes and Producer Surplus
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Indirect Taxes and Consumer Surplus
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Understanding Consumer Surplus
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Understanding Producer Surplus
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Import Tariffs and Economic Welfare
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Explaining Community (Social) Surplus
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Subsidies: Consumer and Producer Benefit
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Essay on Oligopoly and Collusion
Exam Support
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Explaining Consumer Surplus
Study Notes
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Test 16: A Level Economics: MCQ Revision on Consumer and Producer Surplus
Practice Exam Questions
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Contestable Markets (Micro and macro impact and evaluation)
Practice Exam Questions
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Deadweight Loss of Economic Welfare Explained
Topic Videos
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Consumer Surplus and Changing Prices
Topic Videos
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Changes in Consumer and Producer Surplus (MCQ Revision Question)
Practice Exam Questions
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Is surge pricing heading to UK supermarkets?
2nd July 2017
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Indirect Taxes and Economic Welfare (MCQ Revision Questions)
Practice Exam Questions