Supply and Demand Continued - a podcast by Ann Stevens

Today's lecture continued to examine the model of supply and demand. The supply curve was looked at in more detail. Then the mechanisms of equilibrium in markets were addressed through the model, as well as the particulars of finding market equilibrium with supply and demand curves and how price and quantity are determined. Finally, the effects of both price ceilings and price floors were examined.

Further episodes of Principles of Macroeconomics 2014

Further podcasts by Ann Stevens

Website of Ann Stevens