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ECN 110 (26)
Lecture

chapter 2

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Department
Economics
Course
ECN 110
Professor
Tsogbadral Galaabaatar
Semester
Spring

Description
DEMAND AND SUPPLY1 THE ROLE OF DEMAND1 WHAT IS DEMAND2 THE LAW OF DEMAND3 THE DEMAND CURVE4 MARKET DEMAND5 CHANGES IN DEMAND DETERMINANTS OF DEMAND1 NUMBER OF BUYERS2 INCOME3 PRICES OF OTHER GOODS4 CONSUMER PREFERENCES5 CONSUMER EXPECTATIONS6 CHANGE IN QUANITITY DEMANDED VERSUSCHANGE IN DEMAND2 THE ROLE OF SUPPLY1 WHAT IS SUPPLY2 THE LAW OF SUPPLY3 THE SUPPLY CURVE4 MARKET SUPPLY5 CHANGES IN SUPPLY1 NUMBER OF PRODUCERS2 RESOURCE PRICES3 STATE OF TECHNOLOGY4 CHANGES IN NATURE ENVIRONMENTAL CONDITIONS5 PRICE OF RELATED PRODUCTS6 PRODUCER EXPECTATIONS6 CHANGE IN QUANTITY SUPPLIED VERSUS CHANGECHANGE IN SUPPLY3 HOW COMPETITIVE MARKETS OPERATE 1 MARKET EQUILIBRIUM2 EFFECTS OF A SURPLUS3 EFFECTS OF A SHORTAGE4 CHANGES IN DEMAND WITH SUPPLY REMAINING CONSTANT5 CHANGES IN SUPPLY WITH DEMAND REMAINING CONSTANT6 CHANGES IN BOTH DEMAND AND SUPPLY THE DYNAMIC CASE
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