Auburn University
Auburn University: A Glossary of Political Economy Terms: Complementary Goods
This site gives a good definition of "complementary goods" and provides examples. It also explains how when the price of Good A changes, the demand curve for Good B will shift.
Texas Education Agency
Texas Gateway: Chapter 4: Demand and Supply at Work in Labor Markets
By the end of this section, you will be able to predict shifts in the demand and supply curves of the labor market, explain the impact of new technology on the demand and supply curves of the labor market, and explain price floors in the...
Khan Academy
Khan Academy: Law of Demand
If the price of something goes up, people are going to buy less of it.
Khan Academy
Khan Academy: Phillips Curve: Linking Changes in Ad as Model to Phillips Curve
In this exercise, practice using the graphical model of the Phillips curve.
Khan Academy
Khan Academy: Shifts in Aggregate Demand
Aggregate demand is made up of four components: consumption spending, investment spending, government spending, and spending on exports minus imports. Increasing or decreasing any of these components create shifts the AD curve.
Curated OER
Graph of Demand Curve
This site discusses demand and the law of demand, and shows how a demand schedule can be transferred into a demand curve. It also explains how a change in the price of a substitute can cause your original demand curve to shift.
Curated OER
The Demand Curve
A great site to begin studying the law of demand. Includes a demand schedule, a demand curve, and the determinants that can cuase your entire demand curve to shift.
Curated OER
The Demand Curve
A great site to begin studying the law of demand. Includes a demand schedule, a demand curve, and the determinants that can cuase your entire demand curve to shift.
Other
The Aggregate Supply Curve
"The Aggregate Supply Curve," by Baumol, William J., and Alan S. Blinder. Economics: Principles and Policy, 7th ed. Orlando, FL: The Dryden Press, 1997, pp.628-642.
ProProfs
Pro Profs: Demand & Supply
This 10-question quiz covers the basics of demand & supply. You have 1 minute to answer each question.
Texas Education Agency
Texas Gateway: Changes in Equilibrium Price and Quantity: The Four Step Process
By the end of this section, you will be able to identify equilibrium price and quantity through the four-step process; graph equilibrium price and quantity; contrast shifts of demand and supply and movements along a demand or supply...
Khan Academy
Khan Academy: Changes in Equilibrium Price and Quantity: The Four Step Process
Analyze some step-by-step examples of shifting supply and demand curves. This resource is designed for students who are taking a college-level microeconomics course.
Other
Law of Demand and Fundamental Analysis of Commodity Markets
This site describes the basic fundamentals of the law of demand. Charts and explanations are provided to aid in the process of research and learning.
Khan Academy
Khan Academy: Market Equilibrium
The actual price you see in the world is a balancing act between supply and demand.
Council for Economic Education
Econ Ed Link: Phillips Curve
This lesson explores the relationship of unemployment to inflation in the 1960s and after. Young scholars will discover the short-run trade-off between inflation and unemployment when unemployment is less than its natural rate. Students...
Texas Education Agency
Texas Gateway: Ch. 15: Demand and Supply Shifts in Foreign Exchange Markets
By the end of this section, you will be able to do the following: Explain supply and demand for exchange rates, Define arbitrage, and Explain purchasing power parity's importance when comparing countries.
Auburn University
Auburn University: A Glossary of Political Economy Terms: Substitute Goods
Dr. Johnson thoroughly explains the concept of "substitute goods," and how a price increase of one good will shift the demand curve for a substitute good.
Curated OER
A Shift in Demand
This site discusses demand and the law of demand, and shows how a demand schedule can be transferred into a demand curve. It also explains how a change in the price of a substitute can cause your original demand curve to shift.
Khan Academy
Khan Academy: Shifts in Aggregate Supply
If either the aggregate supply or aggregate demand curve shifts in the aggregate demand/aggregate supply-AD/A-model, the original equilibrium in the AD/AS diagram will shift to a new equilibrium. Increases and decreased in the price of...
Other
Microeconomics Chapter 6: Price Elasticity of Supply
Scrolling down towards the bottom of this site, there are equations, diagrams, and some general information concerning price elasticity of supply.
Sophia Learning
Sophia: Monopoly
Through a series of resources, this tutorial investigates the characteristics of a monopoly and how to draw a cost analysis graph. Video lessons are provided to reinforce the concept.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Curated OER
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand", along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Curated OER
Graph of Supply and Demand Curves
This site shows both a supply and demand schedule, and constructs a graph using this schedule. It continues on to discuss equilibrium, and then shows a new equilibrium after there has been a change in supply.
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