Sunday, October 4, 2015

Micro & Macro. Chapter 4 【The Market Forces of Supply and Demand】

1. Demand terminology

2. Individual and market demand


3. Movements along versus shifts of demand curves


4. Supply - Basic concepts

5. Individual and market supply

6. Movements along versus shifts of supply curves
(Just like #3)


7. Shifts in supply or demand I
(only move the Blue line)


8. Shifts in supply or demand II
(Only move the orange line)

9. Market equilibrium

10. Disequilibrium

11. Market equilibrium and disequilibrium

12. How shifts in demand and supply affect equilibrium


increased medical (Qs #12)



a new educational #1 (Qs #12)

a new educational #2 (Qs #12)

the number #1 (Qs #12)

the number #2 (Qs #12)

13. A supply and demand puzzle

14. Another supply and demand puzzle
(***** The last part might be tricky *****)
(four different sets)







15. How prices allocate resources
(Be careful the order of number)
Ex:   500
     600
     700
     800
     400

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