1 hr 13 min

Supply and Demand Continued Principles of Macroeconomics 2014

    • Podcasts

Today's lecture continued to examine the model of supply and demand. The supply curve was looked at in more detail. Then the mechanisms of equilibrium in markets were addressed through the model, as well as the particulars of finding market equilibrium with supply and demand curves and how price and quantity are determined. Finally, the effects of both price ceilings and price floors were examined.

  • Copyright The Regents of the University of California, Davis campus, 2014. All Rights Reserved.

Today's lecture continued to examine the model of supply and demand. The supply curve was looked at in more detail. Then the mechanisms of equilibrium in markets were addressed through the model, as well as the particulars of finding market equilibrium with supply and demand curves and how price and quantity are determined. Finally, the effects of both price ceilings and price floors were examined.

1 hr 13 min

  • Copyright The Regents of the University of California, Davis campus, 2014. All Rights Reserved.

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