Title
(1) Intro to Supply & What Matters
Topic Category
Supply
Publication Date
2011
Keywords
Supply, Supply Function, Supply Drivers
Abstract
This introduces the concept of a Supply Function and summarizes the core drivers of supply.
Recommended Citation
Crane, Steven E., "(1) Intro to Supply & What Matters" (2011). Principles of Microeconomics. Paper 8.
http://epublications.marquette.edu/microecon_learning/8
Run Time
6:25
Primary Discipline
Microeconomics
Skills Delivered
Ability to distinguish notional vs. effective supply. Ability to identify three key issues examined by supply analysis. Ability to identify the primary driving influences or factors that affect the supply of goods and services.
Rigor Level
2000
Prerequisites
None