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Supply and Demand

Module by: Rudy Lopes

Summary: Supply and demand describe the market relationships between buyers and sellers of a good or service. These tutorials describe the various concepts and aspects of supply and demand, as a basis for further discussions of deeper economic ideas.

Supply Curve - Moving Along the Curve -- The supply curve shows how price can affect the quantity supplied of a product or service, if all the variables affecting demand remain constant. Learn about the supply curve and movement along the curve with this interactive tutorial.

Supply Curve - Shifting the Curve -- The supply curve shows how price can affect the quantity supplied of a product or service, if all the variables affecting demand remain constant. Learn about the supply curve and how changes in supply quantity affect the curve with this interactive tutorial.

Price Elasticity of Supply -- The price elasticity of supply is used to learn how much of a change will occur to the supply quantity when the price changes. Learn about the price elasticity of supply with this interactive tutorial.

Demand Curve - Moving Along the Curve -- The demand curve shows how price can affect the quantity demanded of a product or service. Learn about the concept of demand and movement along the demand curve with this interactive tutorial.

Demand Curve - Shifting the Curve -- The demand curve shows how price can affect the quantity demanded of a product or service. Learn about the concept of demand and the how the demand curve shifts with this interactive tutorial.

Price Elasticity of Demand - Standard -- The price elasticity of demand is used to learn how much of a change will occur to the demand quantity when the price changes. Learn how price elasticity of demand works with this interactive tutorial.

Equilibrium Curve - Shifting the Curve -- The supply and demand curve equilibrium shows the point of market equilibrium where the supply curve and demand curve intersect. Learn about how changes in one curve affects the other with this interactive tutorial.

Equilibrium Curve - The Effects of Price -- The supply and demand curve equilibrium shows the point of a balanced market where the supply curve intersects the demand curve. Learn how changes in price affects the equilibrium in this interactive tutorial.

Production Possibilities Frontier -- The production possibilities frontier is a graph representing the possible output combinations of two products in the current market of technology and resources, creating a choice of tradeoffs in the marketplace. Learn more about the production possibilities frontier with this interactive tutorial.

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