Title

(2) Supply: Which Way Does it Matter?

Topic Category

Supply

Publication Date

2011

Keywords

Supply, Supply Function, Supply Drivers, Sign Expectations

Abstract

This discusses the standard list of factors affecting or driving supply and the "sign expectations" or direction of the relations. It discusses how and when supply curves shift.

Run Time

10:15

Primary Discipline

Microeconomics

Skills Delivered

Ability to explain how an increase/decrease in a supply driver causes supply to either increase or decrease. Ability to explain the logic behind these linkages.

Rigor Level

2000

Prerequisites

Previous Supply Video

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