Quotulatiousness

April 16, 2015

Exploring Equilibrium

Filed under: Economics — Tags: , — Nicholas @ 04:00

Published on 2 Jan 2015

In this video, we’ll review equilibrium in the adjustment process, showing that the equilibrium price is the only stable price. Then we’ll take a look at equilibrium quantity, where quantity demanded is equal to quantity supplied, and how this plays out in a free market economy that seeks to maximize gains from trade.

Related posts:

  1. The Equilibrium Price
  2. The Demand Curve Shifts
  3. London’s Transport System During World War Two – 1941
  4. Exploring an abandoned underground mail railway line
  5. Stephen Fry’s Key to the City – Exploring the Mysteries of the City of London

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