Supply and Demand (and Equilibrium Price & Quanitity) - Intro to Microeconomics

A quick and comprehensive intro to Supply and Demand. We define the demand curve, supply curve and equilibrium price & quantity. We draw a demand and supply curve graph - and figure out why they look like they do. We find equilibrium quantity and equilibrium price. This video targets a student in an introduction to microeconomics class.

•Video 1: Intro to Supply & Demand:    • Supply and Demand (and Equilibrium Pr...  
•Video 2: Shifts to Supply or Demand Cruves:    • Shifts to Demand or Supply Curves - I...  
•Video 3: Shifts in BOTH Supply and Demand:    • Shifts in both Supply and Demand Curv...  

More Intro to Microeconomics Videos: https://sites.google.com/site/curtisk...

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Video Outline:

A "market" with price and quantity.
Demand Curve 2:00
• The law of demand.
• Increases and Decreases in Demand. 5:30
• Another Video on the topic:

Supply curve.
• The law of supply 9:30
• Increases and decreases in Supply. 11:44
• Another video on this topic

Demand and Supply together. 15:50
• Equilibrium price and quantity supplied and demanded. 16:20
• Forces that tend toward equilibrium. Shortage, 18:15. Surplus 21:20