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Chapter 4: Supply and Demand - Part 2
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Determinants of demand continued
- tastes or preferences
- Buyer's expectations about the future 1:16
- Number of buyers in the market 2:39
A change in demand vs a change in quantity demanded 7:19
Supply 11:04
Law of supply 11:34
The supply curve 13:15
The market supply curve 14:08
The determinants of supply - things that shift the supply curve 15:57
- Input prices 16:42
- Technology 17:34
- Prices of substitutes in production 19:21
- Expectations of sellers 20:55
- Number of sellers in the market 22:27
Market equilibrium: demand and supply together 24:08
How does a market move to equilibrium? 27:26
What causes a change in market equilibrium? 43:45
What if both demand and supply change? 55:18
Is there price gouging in a competitive market? 59:14
Inferring what happened in a market by observing changes in price and quantity 1:01:10
- tastes or preferences
- Buyer's expectations about the future 1:16
- Number of buyers in the market 2:39
A change in demand vs a change in quantity demanded 7:19
Supply 11:04
Law of supply 11:34
The supply curve 13:15
The market supply curve 14:08
The determinants of supply - things that shift the supply curve 15:57
- Input prices 16:42
- Technology 17:34
- Prices of substitutes in production 19:21
- Expectations of sellers 20:55
- Number of sellers in the market 22:27
Market equilibrium: demand and supply together 24:08
How does a market move to equilibrium? 27:26
What causes a change in market equilibrium? 43:45
What if both demand and supply change? 55:18
Is there price gouging in a competitive market? 59:14
Inferring what happened in a market by observing changes in price and quantity 1:01:10
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