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\nSupply Curve Shifts: Diagrammatic Description and Interpretation\n

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\nThe video is a lecture on supply curve shifts in economics. It explains the concept of how changes in factors other than price affect the quantity supplied of a good, leading to a shift in the supply curve. The lecturer describes the two...\nThe video is a lecture on supply curve shifts in economics. It explains the concept of how changes in factors other than price affect the quantity supplied of a good, leading to a shift in the supply curve. The lecturer describes the two types of shifts - outward and inward - and how they affect the quantity supplied at different prices. The video also recaps the law of supply and how the supply curve is derived assuming ceteris paribus.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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4:29
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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economics, demand, factors, reduction
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Additional Tags

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a-level, lectures, micro, and, supply, 2.2b, curve, shifts, outward shift, supply curve, ceteris paribus, diagrammatically describe, quantity supplied, price p1, quantity, supplied, shifted, describe, interpret, shift, price, applied, lecture, unit, looked, derive, interested, play, occur, similarly, minus, good, increase, original, change
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Supply Curve Shifts: Diagrammatic Description and Interpretation\" href=\"/subscription/new\">\"Supply\n\n
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