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Chapter 4: Demand, Supply, and Equilibrium – Microeconomics Study Notes
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Competitive Markets
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Guided course
07:03
Introduction to Supply and Demand
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7115
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The Demand Curve
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07:15
The Basics of Demand
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6256
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154
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Guided course
06:08
Individual Demand and Market Demand
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4337
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122
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2
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Shifts in the Demand Curve
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01:48
Consumer Income:Normal Goods and Inferior Goods
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4407
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04:10
Substitute Goods
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02:18
Consumer Expectations
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The Supply Curve
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06:04
Individual Supply and Market Supply
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03:53
The Basics of Supply
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Shifts in the Supply Curve
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01:
Nature
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Technology
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Substitutes in Production
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Market Equilibrium
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04:07
Big Daddy Shift Summary
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Using the Supply and Demand Curves to Find Equilibrium
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04:19
Equilibrium
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06:34
Results of Both Shifting
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Demand Shifts
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Effects of Shortage
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Shortage
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