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Y1 - Principles of Economics and Business 1

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Summary

Week 2

Universiteit van Amsterdam · Economics and Business Economics

Y1 - Principles of Economics and Business 1

Inhoud

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  1. Chapter 3: Supply and Demand
  2. 3.1 The Demand Curve for Oil
  3. 3.2 Consumer Surplus
  4. 3.3 What Shifts the Demand Curve?
  5. 3.4 The Supply Curve for Oil
  6. 3.5 Producer Surplus
  7. 3.6 What Shifts the Supply Curve?
  8. Chapter 4: Equilibrium: How Supply and Demand Determine Prices
  9. 4.1 Equilibrium and the Adjustment Process
  10. 4.2 A Free Market Maximizes Producer Plus Consumer Surplus (the Gains of Trade)
  11. 4.3 Does the Model Work? Evidence from the Laboratory
  12. 4.4 Shifting Demand and Supply Curves
  13. 4.5 Terminology: Demand Compared with Quantity Demanded and Supply Compared with Quantity Supplied
  14. 4.6 Understanding the Price of Oil

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Y1 - Principles of Economics and Business 1