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[经济学]清华经管IMBA管理经济学课件2英文
R
E 2
T
P
A The Basics of
H
C Supply and
Demand
Prepared by:
Fernando Yvonn Quijano
© 2008 Prentice Hall Business Publishing • Microeconomics • Pindyck/Rubinfeld, 7e.
CHAPTER 2 OUTLINE
2.1 Supply and Demand
2.2 The Market Mechanism
2.3 Changes in Market Equilibrium
2.4 Elasticities of Supply and Demand
2.5 Short-Run versus Long-Run Elasticities
d
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a
m
e Exercises
D
d
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a
y Problem Set 1 Due on Oct 14, 2010, in class
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C
© 2008 Prentice Hall Business Publishing • Microeconomics • Pindyck/Rubinfeld, 7e. 2 of 52
The Basics of Supply and Demand
Supply-demand analysis is a fundamental and powerful tool
that can be applied to a wide variety of interesting and
important problems. To name a few:
• Understanding and predicting how changing world economic
conditions affect market price and production
• Evaluating the impact of government price controls, minimum wages,
price supports, and production incentives
• Determining how taxes, subsidies, tariffs, and import quotas affect
d consumers and producers
n
a
m
e The Supply-Demand Analysis help us understand: why and
D
d how prices change, and what happens when the
n
a government intervene
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