Macroeconomic principles: Marketplace economics

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1.1 Basic introduction to marketplace economics


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Activities

Principles of Macroeconomics: "Chapter 3: Demand and Supply"

  • Read this chapter and attempt the "Try It" exercises. This chapter will help you gain familiarity and competencies with regard to basic demand and supply concepts. At a minimum, you should be able to list the factors that shift the demand curve and those that shift the supply curve after completing these chapters. This will help you prepare for similar types of analyses in the units ahead.

Principles of Macroeconomics: "Chapter 4: Applications of Demand and Supply"

  • Read this chapter and attempt the "Try It" exercises. This chapter will help you gain familiarity and competencies with regard to basic demand and supply concepts. At a minimum, you should be able to list the factors that shift the demand curve and those that shift the supply curve after completing these chapters. This will help you prepare for similar types of analyses in the units ahead.