Slide 1 Slide 2 Demand and Supply Markets are the institutions that bring together buyers and sellers. –Examples include: farmer’s markets, eBay, Amazon.com, and retail…
What is Public Finance? How the gov’t raise money? How that money is spent? How those activities affects on economy and society? Chapter 1 Introduction to Public Finance…
Chapter 24 Economics, Environment, and Sustainability Chapter Overview Questions What are economic systems and how do they work? How do economists differ in their views of…
Appendix Appendix Tools of Microeconomics 1. The Marginal Principle Simple decision making rule We first define: Marginal benefit (MB): the benefit of an extra unit of an…
Slide 1 Technical Analysis of Commodity Markets: Emphasis on Bar Charts Overview Supply and demand ultimately determine commodity prices. There is an equilibrium or âmarket…