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# Consumer & Producer Surplus | A-Level Economics Notes
- URL: https://www.a-level-economics-tutor.com/consumer-surplus-producer-surplus-notes/
- Published: 2026-03-29T13:03:35.000Z
- Updated: 2026-03-29T13:03:35.000Z
- Author: Jaisul Naik
- Tags: Y12 Microeconomics Notes

### What is consumer surplus?

Consumer surplus is the difference between the price consumers are **willing** to pay compared to the price they **actually** pay.

### What is producer surplus?

Producer surplus is the difference between the price firms are **willing** to sell for compared to the price they **actually** sell for.

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### Summary questions

1. What is consumer surplus
2. What is producer surplus?

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