Model: Supply and demand

This post is part of a series where I quote and link to short descriptions of different social-science models and perspectives. The idea is to collect important models in easily accessible formats to help people aspiring to take a “many-model” approach to reasoning.

Supply and demand

(Economics)

This video on the equilibrium price and quantity is from Marginal Revolution University, the online economics education site run by economists Tyler Cowen and Alex Tabarrok:

For more, there are several videos in the series that come before and after this one that are helpful. And here’s the section on supply and demand from the free economics textbook The Economy.

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s