Chapter 8 A Two-Period Model: The Consumption-Savings Decision and Credit Markets Teaching Goals This chapter introduces the concept of intertemporal choice. Intertemporal…
1. In This Lecture….. • Concepts of Demand and Supply: Individual and Market Demand and Supply • Demand and Supply Curves, Schedules and Factors Affecting Demand and…
1. Demand AnalysisBy:Mithilesh Trivedi 2. Demand 2/28/2014The amount consumers desire to purchase at various prices Demand does not necessarily mean a consumer WILL…