Council for Economic Education
What's the Big Deal about Spices?
Today's gourmands don't consider spices to be the equivalent of silver and gold. During the middle ages, however, these commodities were precious. People back then used spices in religious ceremonies, to cure rotten food, and as a show...
Other
The Demand Curve
A great site to begin studying the law of demand. Includes a demand schedule, a demand curve, and the determinants that can cuase your entire demand curve to shift.
Robert Schenk, PhD
The Demand Curve
This site discusses demand and the law of demand, and shows how a demand schedule can be transferred onto a demand curve. It also explains how a change in the price of a substitute can cause your original demand curve to shift.
University of Nebraska Omaha
Ec Ed Web: Analyzing the Demand Curve
Lists the determinants of demand for a product and service. The site is useful for students wishing to look further into the causes of demands. Graphs and summaries are included to aid research.
Tutor2u
Tutor2u: Shifts in Market Demand
This is an easy to understand site that presents the law of demand, changes in quantity demanded, and the factors that cause a demand curve to shift. It also discusses how inferior goods and normal goods respond to changes in demand.
Other
Net Mba Business Knowledge Center: Supply and Demand
This website offers a very simple yet helpful description and example of the interaction of supply and demand, and what will happen to price and quantity when one or both of your supply and demand curves shift. This would be a good place...
Other
South Western Learning: Oligopoly/monopolistic Competition: Kinked Demand Curve
This South-Western College Publishing website describes a situation in which oligopolistic firms vie for competition among consumers.
Robert Schenk, PhD
Derived Demand
A description, examples, and graphs on the subject of "derived demand" are provided.
Other
Price Elasticity of Demand
This site provides a great definition of "price elasticity of demand," along with formulas and examples. It also shows a perfectly elastic demand curve and a perfectly inelastic demand curve.
Other
Law of Demand and Fundamental Analysis of Commodity Markets
This site describes the basic fundamentals of the law of demand. Charts and explanations are provided to aid in the process of research and learning.
Tutor2u
Tutor2u: Theory of Supply
This site provides a simple definition of market supply and the supply curve. Illustrates concept with a graph.
Other
Trading Charts: Law of Supply and Fundamental Analysis of Commodity Markets
A very thorough yet concise description of the law of demand.
University of Nebraska Omaha
Ecedweb: Explorations in Supply, Part Ii
In this economics tutorial, you as a producer have to determine how much of a given product you should make.
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