Skip to main content
Back

Chapter 4: Demand and Supply Applications – Price System, Rationing, and Market Efficiency

Study Guide - Learn with Videos

Curated lessons matched to your uploaded material – learn every topic step by step.

Price Ceilings, Price Floors, and Black Markets

  • Guided course
    Price Ceilings
    07:07
  • Guided course
    Price Floors and Black Markets
    08:03
  • Guided course
    Price Floors
    02:18

The Basics of Demand

  • The Basics of Demand
    06:02

The Basics of Supply

  • The Basics of Supply
    02:43

Overview of Supply and Demand Shifts

  • Guided course
    Overview of Supply and Demand Shifts
    04:07

Willingness to Pay and Consumer Surplus

  • Consumer Surplus and Market Demand
    06:03
  • Consumer Surplus
    02:15
  • Willingness to Pay and Consumer Surplus
    03:39

Economic Surplus and Efficiency

  • Guided course
    Deadweight Loss and Market Failure
    07:08
  • Guided course
    Economic Surplus
    11:40