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Explain and apply the core principles of demand and supply t...


Explain and apply the core principles of demand and supply theory to make a range ofmarket related decisions and analyse the significant differences in business applications.Critically evaluate market competition and market failures and the main factors shaping thedecisions of consumers and businesses.Compare and contrast the different market structures and their application on pricing ofproducts and servicesDEvaluate the appropriate economic tools used in developing models of the economy andeconomic policyECompare and contrast the different economic models used to explain fluctuations in foreigncurrenciesFInterpret and critically evaluate economic commentary in the media and to communicateeconomic analysis in writing with greater effectiveness