Robert McCullough Energy Information Administration April 7, 2009.
Intermediate Macroeconomics Chapter 6 The Neoclassical IS-LM Model.
Agenda Bellringer Review questions Notes: Graphing and Shifting of Demand Curve Independent work (worksheet)
Supply and Demand Objective: To understand how the supply and demand curve shifts Warm-Up 1)How are the supply schedule and supply curve related? Why does.
TAXES! Why do I tax all the time?. How Taxes Affect Market Outcomes Market not efficient – Total surplus not maximized When a good is taxed, the quantity.
Chapter 9 Supply and Demand Geog 3890: ecological economics You can turn a parrot into an economist by getting it to squawk: “Supply and Demand!”
Who can label this?. SUPPLY AND DEMAND SHIFTS Price Quantity Price Quantity.
Market Failure Diagrams. Learning Objective: To understand how to illustrate market failure with diagrams Learning Outcome / Success Criteria
Factors Controlling Gas Transfer
Sept 21 , 2009