[经济学]清华经管IMBA管理经济学课件2英文.pdf

[经济学]清华经管IMBA管理经济学课件2英文.pdf

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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 n a m e Exercises D d n a y Problem Set 1 Due on Oct 14, 2010, in class l p p u S 2 r e t p a h 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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