PPT-Shifts of the Demand Curve

In this lesson students will identify factors which can cause a demand curve to shift Students will be able to define andor identify the following terms Ceteris Paribus Shifts in the Demand Curve. A table showing how much of a good or service consumers will want to buy at different prices. See pg. 50; Figure 5.1. Demand Schedule. Demand Curve – A graphical representation of the demand schedule. . of . the trade balance. . TB . & income . Y. .. . . Key . assumption: . P. fixed . => . Y. ≠ . .. Mundell. -Fleming . model. . Key . additional assumption:. international capital flows . Appendix to Chapter 2. Udayan. Roy. 1. Graphing: a brief review. Graphs’ purposes:. Visually express ideas that might be less clear if described with equations or words . Powerful way of finding and interpreting patterns. Supply and Demand. What you will learn in this Chapter. 1. What a . competitive market . is & how it is described by the . supply & demand model. 2. What a . demand curve . is & t. he difference between . Chapter . 15 . of . Macroeconomics. , . 8. th. . edition, by N. Gregory . Mankiw. ECO62. . Udayan. . Roy. PART V Topics in Macroeconomic Theory. Inflation and dynamics in the short run. So far, to analyze the short run we have used. Aggregate Demand. Aggregate Demand slopes downward like other demand curves, but for different reasons.. Aggregate Demand. An increase in the aggregate price level will cause real spending to decrease. This is seen as a movement upward along a given AD curve. 1. 4 Demand, Supply, and Equilibrium. 4.1 Markets. 4.2 How Do Buyers Behave?. 4.3 How Do Sellers Behave?. 4.4 Supply and Demand in Equilibrium. 4.5 What Would Happen if the Government Tried to Dictate the Price of Gasoline. Taggert J. . Brooks. Module 05. Supply and demand Introduction. Supply and Demand: . A Model of a Competitive Market. A . competitive market. :. Many. buyers and sellers . Same. good or service. The . Objectives . Students will…. . Examine the relationship between price and quantity demanded. . Analyze how demand schedules relate to demand curve. . Draw and explain shifts in demand curves. How prices are determined (big picture). Principles of. Sixth Edition. What factors affect buyers’ demand for goods?. Markets and Competition. A . market. is a group of buyers and sellers of a particular product. . A . competitive market. Click here. to enter….. What is supply?. What is a supply curve shift?. Why are people so demanding?. What could cause a demand curve shift?. To learn about the. topics, click on the . word bubble... IS. -. LM. Model. Chapter . 12 . of . Macroeconomics. , . 10. th. . edition, by N. Gregory . Mankiw. ECO62. . Udayan. . Roy. Applying the . IS-LM. Model. Section 12-1 shows how the . IS-LM. model that we studied in Chapter 11 can be used to understand how an economy copes with policy changes and disturbances (or, shocks) in the short run. What is the money demand curve?. How does the liquidity preference model determines the interest rate in the short run?. The Demand for Money. M1 consists of currency in circulation (cash), plus checkable bank deposits, plus traveler’s checks. 1-What is a “change in the quantity demanded”. ?. The movement along the demand curve showing that the amount someone is willing to purchase changes when the price changes. .. 2-Explain the “. Income Effect.