A Closer Look at Concepts & Production Possibilities:
Jim’s In-class powerpoint slides:
- as a .ppt file to download
- as a webpage tutorial that opens in a new tab/window
Professor Nelson’s (another LCC Professor) Tutorials on Micro that are relevant to this unit:
- Market equilibrium illustrated with tables
- Market equilibrium illustrated graphically
- The difference between a change in demand and a change in quantity demanded
- The difference between a change in supply and a change in quantity supplied
- Effects of changes in supply or demand on market equilibrium
- Effects of changes in supply and demand on market equilibrium
- Economic consequences of price floors
- Economic consequences of price ceilings
Other Video Tutorials
Dr. Mary McGlasson of Chandler Community College in Phoenix, AZ (known as mjmfoodie on YouTube) has numerous videos which are pretty decent. Here are the ones relevant to this unit. Since there are so many of them, I’ve linked to them instead of embedding them in this page.
- 11 4:44 Episode 11 – Demand by mjmfoodie 24,061 views
- 12 5:13 Episode 12: Change in Demand vs Change in Quantity Demanded by mjmfoodie 20,657 views
- 13 4:58 Episode 13: Supply by mjmfoodie 20,628 views
- 14 5:13 Episode 14: Market Equilibrium by mjmfoodie 20,093 views
- 15 6:02 Episode 15: Price Floors and Price Ceilings by mjmfoodie 19,024 views