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Extensions of Demand and Supply Analysis: Price Controls, Rationing, and Market Adjustments
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Shifts in the Demand Curve
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Consumer Income:Normal Goods and Inferior Goods
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Substitute Goods
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Consumer Expectations
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Shifts in the Supply Curve
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Movement Along a Demand Curve
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Shifting Demand - Warning!
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Movement Along a Supply Curve
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Shifting Supply - Warning!
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Market Equilibrium
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Big Daddy Shift Summary
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Price Ceilings, Price Floors, and Black Markets
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Price Ceilings
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Price Floors and Black Markets
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Price Floors
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Effects of Surplus
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Surplus
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Effects of Shortage
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Shortage
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