3.1 — The Supply and Demand Model — Class Content
Overview
Today we bring supply and demand together to talk about equilibrium, and begin to discuss how markets work in the real world. In doing so, we will run a demonstration in class using the kiviq software (see instructions here).
Readings
- Ch. 3 in Goolsbee, Levitt, and Syverson, 2019
Slides
Below, you can find the slides in two formats. Clicking the image will bring you to the html version of the slides in a new tab. The lower button will allow you to download a PDF version of the slides.
I suggest printing the slides beforehand and using them to take additional notes in class (not everything is in the slides)!