Supply and Demand

9/9/98


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Table of Contents

Supply and Demand

Trading Opportunities: The Price-Taking Model

Trading Opportunities: The Price-Taking Model

Introduction to Demand

Demand Schedule for Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand Curve for Movie Tickets

Demand

Demand

Market Demand

Market Demand

Individual Demands and Market Demand

Market Demand for Sodas

Market Demand for Sodas

Market Demand for Sodas

Market Demand for Sodas

Conditions Affecting the Quantity Demanded

The Law of Demand

Why Demand Curves Slope Downward

Changes in Demand

Changes in Demand

Increase in Demand

Increase in Demand

Increase in Demand

Increase in Demand

Changes in Demand

Decrease in Demand

Decrease in Demand

Decrease in Demand

Decrease in Demand

Changes in Quantity Demanded Versus Changes in Demand

Changes in Quantity Demanded Versus Changes in Demand

Change in Quantity Demanded

Change in Quantity Demanded

Change in Quantity Demanded

Change in Quantity Demanded

Change in Quantity Demanded

Changes in Conditions That Cause Changes in Demand

Tastes

Usefulness

Income and Wealth

Income and Wealth

Prices of Related Goods

Number of Potential Buyers

Introduction to Supply

Supply Schedule for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply Curve for Painting Services

Supply

Supply

Supply

Market Supply

Market Supply

Individual and Market Supplies

Individual and Market Supplies

Individual and Market Supplies

Individual and Market Supplies

Individual and Market Supplies

Individual and Market Supplies

Individual and Market Supplies

Law of Supply

Changes in Supply

Changes in Supply

Increase in Supply

Increase in Supply

Increase in Supply

Decrease in Supply

Decrease in Supply

Changes in Quantity Supplied Versus Changes in Supply

Changes in Quantity Supplied Versus Changes in Supply

Changes in Quantity Supplied Versus Changes in Supply

Changes in Conditions Causing Changes in Supply

Prices of Inputs

Technology

Number of Potential Sellers

Equilibrium of Supply and Demand

Market Equilibrium

Market Equilibrium

Market Equilibrium

Market Equilibrium

Market Equilibrium

Market Equilibrium

Market Equilibrium

Why the Intersection of the Curves Shows Equilibrium

Why the Intersection of the Curves Shows Equilibrium

Excess Demand (Shortage)

Excess Demand (Shortage)

Excess Demand

Excess Demand

Excess Demand

Excess Demand

Excess Demand

Excess Demand

Excess Demand

Excess Demand

Excess Demand

Excess Supply (Surplus)

Excess Supply (Surplus)

Excess Supply

Excess Supply

Excess Supply

Excess Supply

Excess Supply

Excess Supply

Excess Supply

Excess Supply

Excess Supply

Summary of Equilibrium

Effects of Changes in Demand or Supply

Increase or Decrease in Demand

An Increase in Demand

An Increase in Demand

An Increase in Demand

An Increase in Demand

An Increase in Demand

An Increase in Demand

An Increase in Demand

A Decrease in Demand

A Decrease in Demand

A Decrease in Demand

A Decrease in Demand

A Decrease in Demand

Increase or Decrease in Supply

An Increase in Supply

An Increase in Supply

An Increase in Supply

An Increase in Supply

An Increase in Supply

An Increase in Supply

An Increase in Supply

A Decrease in Supply

A Decrease in Supply

A Decrease in Supply

A Decrease in Supply

A Decrease in Supply

A Decrease in Supply

Market Process and Economic Coordination

Relative and Nominal Prices

Relative and Nominal Prices

Appendix Algebra of Equilibrium

Algebra of Equilibrium

Algebra of Equilibrium

Algebra of Equilibrium

Algebra of Equilibrium

Supply and Demand

PPT Slide

Author: Anthony Zambelli

Email: stoc@troi.cc.rochester.edu

Home Page: http://www.econ.rochester.edu/eco108/schedule1998.html

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