How to read a supply curve

Note: This is the sixth post in a weekly video series on basic microeconomics. Last week we took a deeper look into the demand curve, examining how to read the demand curve, how demand curves shift, and consumer surplus. Continue Reading...

How to read a demand curve

Note: This is the fifth post in a weekly video series on basic microeconomics. In a previous post we looked at how to understand the demand curve. In this video, we take a closer look by examining how to read the demand curve, how demand curves shift, and consumer surplus. Continue Reading...

How to understand the supply curve

Note: This is the third post in a weekly video series on basic microeconomics. The supply curve seems like an easy enough concept to understand: it’s a graphic representation of the relationship between the quantity of product that a seller is willing and able to supply at a particular price. Continue Reading...

How to understand the demand curve

Note: This is the second post in a weekly video series on basic microeconomics. To demonstrate how much of a good or service people are willing to buy at different prices, economists often use a graph called the demand curve. Continue Reading...