总结于武大经济学课
一:Effects of Price on Quantity Demanded:
- Law of demand
需求定律
: Other things being equal (ceteris paribus其他条件[情况]均同,别无其他情形
), quantity demanded of one goods changes negatively with the price of the goods. - Reason of law of demand:
- Substitution effect
- Income effect
- Other ways expressing law of demand, in addition to verbal expression
言语表达
:- Demand Schedule
- Demand Curve
- Notes on the Law of Demand
- Other things being equal (ceteris paribus)
- Exception: Giffen good and conspicuous consumption
- Notes on The curve:
- demand price
- consumer equilibrium
二:Effect of Non-price Forces on Demand: Shift in Demand Curves
Fig. 3
三:Changes in Quantity and Changes in Demand
- Changes in quantity demanded:
- caused by a good’s own price changes only
- movements along a curve
- Changes in demand:
- caused by other forces than its own price
- shifts in a curve
- Conclusion: all determinants can be summarized in demand curves
网友评论