BSM 100 Lecture Notes - Lecture 3: Economic Equilibrium, Market Price, United States Treasury Security
16 Dec 2018
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Week 3: ch 3 economics: the framework for business (continued) At what price?the above 3 decisions depend on the market. Forces of supply and demand drive equilibrium price. Supply and demand model works well in a competitive market. Competitionquite a large number of suppliers (clothes, shoes, cars, Impact of a macro-economic crisis: u. s. 08 economic crisis impact on canada. U. s. economy has close linkages to the canadian economyrelentless negative newsuncertainty. U. s. banks were near collapse, unemployment went up, housing prices went down, and; consumers bought less, and canada exported less to u. s. (excess supply with producers, impact on canadian jobs, prices and resulting effect on gross domestic. Canadian exports worldwide affected too as world trade was impacted. We could import more but uncertainty regarding our own market. Currency volatility as us dollar is the main currency in the world and any volatility in.
