FACTORS:  NON-PRICE DETERMINANTS OF DEMAND  NON-PRICE DETERMINANTS OF SUPPLY SHIFTS IN DEMAND  COMPLEMENTARY GOODS:  What will happen to the equilibrium price…

These lecture notes are my outline for teaching Principles of Microeconomics using Cowen / Tabarrok. They are in need of a lot of work, but I share them regardless. Contact…

Ch 2 Demand & Supply Market Market is a “place” where transactions take place. Visible – supermarket Invisible - internet (Amazon, Ebay) Parties in a market Consumer…

A MICROECONOMICS PRESENTATION EQUILIBRIUM & PRICE MAKING CONTENT: y DEFINITION y PROPERTIES OF EQUILIBRIUM y EFFECT OF A SHIFT IN SUPPLY OR DEMAND y INTERPRETATIONS y…

1. Wheat for Food Security in AfricaConference Oct., 8-12, 2012 in AddisAbabaTrends in wheat production and consumption in SudanMohamed B. Elgali* and Rajaa H. MustafaDepartment…

1. FARAHA LUGMAN MA-42 22642 5/12/2014 (13:20PM) 1 2. OVERVIEW  Demand and supply  Equilibrium in market Equilibrium quantity Equilibrium price  Excess supply…

Slide 1Change in S vs. Change in Qs Chapter 5, Lesson Two Slide 2 Change in Quantity Supplied This is a movement ALONG the curve resulting from a change in price As prices…

Slide 1 Slide 2 Slide 3 Assignment part 1 Cocoa Beans Slide 4 If you look at the link given Indexmundi (2010) Cocoa Bean Prices – Monthly value http://www.indexmundi.com/commodities/?…

Slide 1 Slide 2 HouseholdsBusinesses Product Markets Factor Markets Slide 3 Slide 4 Selling Quantity Price Demanded $ 3 $ 2 $ 1 $ 4 10 25 40 60 15 $ 5 Slide 5 Price Quantity…

Slide 1Chapter 6 – Price Cutler – Economics Slide 2 BELLRINGER What would happen if the government decided gas prices should be lowered by $2.50 per gallon? Slide 3 Section…