(2) Getting Ready to Use the Market Model: Curve Shifts
Demand Curve Shifts, Supply Curve Shifts, Movements along Curves, Shifts in Curves
This discusses the factors that cause the demand and supply curves to shift to the left or right. It provides the foundation for using the market model to analyze the effects of changes in factors that affect demand and supply.
Crane, Steven E., "(2) Getting Ready to Use the Market Model: Curve Shifts" (2011). Principles of Microeconomics. Paper 11.
Distinguishing a movement along a demand/supply curve from a shift in a demand/supply curve. Mastery of steps involved in doing market adjustment analysis.
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