🗊Презентация Introduction to economics. Demand & supply

Категория: Экономика и Финансы
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Introduction to economics. Demand & supply, слайд №1Introduction to economics. Demand & supply, слайд №2Introduction to economics. Demand & supply, слайд №3Introduction to economics. Demand & supply, слайд №4Introduction to economics. Demand & supply, слайд №5Introduction to economics. Demand & supply, слайд №6Introduction to economics. Demand & supply, слайд №7Introduction to economics. Demand & supply, слайд №8Introduction to economics. Demand & supply, слайд №9Introduction to economics. Demand & supply, слайд №10
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Слайды и текст этой презентации

Слайд 1


Introduction to Economics Demand & Supply Continued Janet McCaig
Описание слайда:
Introduction to Economics Demand & Supply Continued Janet McCaig

Слайд 2


The Control of Prices At the equilibrium price there will be no shortage or surplus. May not be the most desired price - Government intervention Government sets a minimum price above the equilibrium there will be a surplus Government sets a maximum price below the equilibrium there will be a shortage
Описание слайда:
The Control of Prices At the equilibrium price there will be no shortage or surplus. May not be the most desired price - Government intervention Government sets a minimum price above the equilibrium there will be a surplus Government sets a maximum price below the equilibrium there will be a shortage

Слайд 3


Introduction to economics. Demand & supply, слайд №3
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Слайд 4


Minimum price A price floor set by government or some other agency The price is not allowed to fall below this level (although it is allowed to rise above it)
Описание слайда:
Minimum price A price floor set by government or some other agency The price is not allowed to fall below this level (although it is allowed to rise above it)

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Maximum Price A price ceiling set by the government or some other agency. The price is not allowed to rise above this level (although it is allowed to fall below it)
Описание слайда:
Maximum Price A price ceiling set by the government or some other agency. The price is not allowed to rise above this level (although it is allowed to fall below it)

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Setting a minimum (high) price To protect producers incomes (industries subject to fluctuations) To create a surplus ( to be stored for future shortages) In the case of wages to prevent workers wages falling below a certain level (gnvt policy on poverty and inequality)
Описание слайда:
Setting a minimum (high) price To protect producers incomes (industries subject to fluctuations) To create a surplus ( to be stored for future shortages) In the case of wages to prevent workers wages falling below a certain level (gnvt policy on poverty and inequality)

Слайд 7


How do Gnvts deal with Surpluses associated with minimum prices? Buy & store, destroy, sell abroad Artificially reduce supply by restricting producers – introducing quotas Raise demand - ^ advertising, alternative uses - impose taxes or subsidies on substitutes Problems – evasion, inefficiency
Описание слайда:
How do Gnvts deal with Surpluses associated with minimum prices? Buy & store, destroy, sell abroad Artificially reduce supply by restricting producers – introducing quotas Raise demand - ^ advertising, alternative uses - impose taxes or subsidies on substitutes Problems – evasion, inefficiency

Слайд 8


Setting a Maximum (low) price Fairness, famine, war Associated problems “first come first served” Preference to regular customers May lead to underground markets – ignoring price and selling illegally Rationing – gnvt restricts amount people allowed to buy
Описание слайда:
Setting a Maximum (low) price Fairness, famine, war Associated problems “first come first served” Preference to regular customers May lead to underground markets – ignoring price and selling illegally Rationing – gnvt restricts amount people allowed to buy

Слайд 9


Underground Markets Traditionally referred to as black markets Government prices and controls are ignored and people illegally sell at whatever price illegal demand and supply create
Описание слайда:
Underground Markets Traditionally referred to as black markets Government prices and controls are ignored and people illegally sell at whatever price illegal demand and supply create

Слайд 10


Activities Listen to the podcast http://www.bbc.co.uk/programmes/b06yn9zv Read the article and answer the questions http://pearsonblog.campaignserver.co.uk/?p=19578
Описание слайда:
Activities Listen to the podcast http://www.bbc.co.uk/programmes/b06yn9zv Read the article and answer the questions http://pearsonblog.campaignserver.co.uk/?p=19578

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