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Course Description

You can use the model of supply and demand to investigate relatively standard goods, such as soybeans, sporting equipment, and airline tickets. Microeconomics helps us use supply and demand to predict the direction of change for prices and quantities. In this lesson, you will examine an extension of the model to the labor market, loan market, and currency market. You will also investigate relevant concepts as to how supply and demand can help us make predictions about how prices and quantities will change when ceteris paribus conditions change.

Benefits to the Learner

  • Apply an extension of the supply model to the labor market, loan market, and currency market
  • Explore how governments use supply to affect exchange rates
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Type
self-paced (non-instructor led)
Dates
Feb 24, 2020 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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