Slide 1Chapter 9SectionMain Menu Labor Market Trends How do economists define the labor force? What occupational trends exist in the U.S. economy? What is temporary employment?…
Slide 1 Slide 2 More producers in a market increases supply which leads to increased competition and a lower equilibrium price Competitive pricing occurs when producers sell…
Slide 1Government Price Control Policies and Economic Efficiency Slide 2 What we will learn in this class Why does the government need price control policies? Two price control…
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Slide 1Lesson 1 ECONOMICS Chapter 4 The Market Strikes Back Slide 2 1 ECONOMICS Chapter 4 1 Review: Supply and Demand The previous lesson focused on demand and supply, we…
Slide 1Homework 3 Solutions Guide Economics of Sports Fall 2013 Slide 2 Q1 (Chapter 7) Suppose the demand for Cardinals World Series tickets is Q d =48,061-2.4P (for the…
Slide 1New Keynesian Theory Graduate Macroeconomics I ECON 309 – Cunningham Slide 2 2 New Classical View of Keynesian Economics “Failure on a grand scale.” Made up…
Slide 1Microeconomics Unit 5 The Resource Market Slide 2 Topic 1: Intro to the Resource Market Product Market Resource Market Slide 3 PRODUCT market Looks at total production…
1.ECONOMICS: Price Controls2. Price controls Price controlsare legal restrictions on how high or low a market price may go. 2 kinds of price controls: Price Ceilings :a maximum…