Friday June 5, 2020

Business 2000: Upward-sloping supply curve of neoclassical economics

Getting to grips with some key concepts will help students to understand the theory of neoclassical economics, writes Brian O'Boyle.

11th March, 2012
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Part One: Microeconomics

Mastering the Leaving Certificate economics curriculum can often seem like an overwhelmingly technical affair. The proficient student is expected to be able to recall key definitions, apply formulae, solve problems, draw graphs and interpret results.

Rarely are they expected to show any real understanding of the underlying framework and this leaves the pupil's experience unnecessarily one-sided and anaemic.

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