Title

(3) The Detailed Market Adjustment Story

Topic Category

Market Operations

Publication Date

2011

Keywords

Market Adjustment, Shortage, Surplus, Demand Curve Shifts, Supply Curve Shifts

Abstract

This explains in great detail the full story of how a market adjusts as a result of a shift in the demand or supply curve. The viewer is given the option to choose a leftward or rightward shift in the demand or supply curve

Run Time

Up to 11:19 depending on user selection

Primary Discipline

Microeconomics

Skills Delivered

Provides an understanding of the market adjustment story. Ability to explain how markets move from one equilibrium situation to another.

Rigor Level

2000

Prerequisites

Previous Demand, Supply, & Market Videos

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