🗊Презентация Laws of market economy

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Слайды и текст этой презентации

Слайд 1


Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market
Описание слайда:
Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market

Слайд 2


Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market
Описание слайда:
Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market

Слайд 3


Demand for a commodity Demand for a commodity Depends on size of the market (Industry Demand for the commodity) Summation of Individual level Demand Related to Consumer Choice Theory Consumer Demand Theory Qd= f (Px, I, Py,T)
Описание слайда:
Demand for a commodity Demand for a commodity Depends on size of the market (Industry Demand for the commodity) Summation of Individual level Demand Related to Consumer Choice Theory Consumer Demand Theory Qd= f (Px, I, Py,T)

Слайд 4


How are price and demand related for a good? (law of demand) How are price and demand related for a good? (law of demand) Normal Goods Inferior Goods Example: Suzuki Mehran Effect of price of substitute and complementary goods Effect of Change in Income and Tastes Assuming everything else fixed…………….
Описание слайда:
How are price and demand related for a good? (law of demand) How are price and demand related for a good? (law of demand) Normal Goods Inferior Goods Example: Suzuki Mehran Effect of price of substitute and complementary goods Effect of Change in Income and Tastes Assuming everything else fixed…………….

Слайд 5


Horizontal Summation of Individual Demand Curves Horizontal Summation of Individual Demand Curves Negatively sloped, why? Inverse relation between price and quantity QD= F(Px, I, N, Py, T) Bandwagon Effect and Snob Effect
Описание слайда:
Horizontal Summation of Individual Demand Curves Horizontal Summation of Individual Demand Curves Negatively sloped, why? Inverse relation between price and quantity QD= F(Px, I, N, Py, T) Bandwagon Effect and Snob Effect

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Change in demand Change in quantity Demanded
Описание слайда:
Change in demand Change in quantity Demanded

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Monopolist Monopolist WAPDA Perfect Competition No true example exists (Small scale farmers producing homogeneous wheat in USA) Horizontal demand curve, why?
Описание слайда:
Monopolist Monopolist WAPDA Perfect Competition No true example exists (Small scale farmers producing homogeneous wheat in USA) Horizontal demand curve, why?

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Oligopoly Oligopoly Few firms with standardized or differentiated product Monopolistic Competition Heterogeneous and differentiated products Factors effecting Demand Advertising, Promotional Policies, Price expectations
Описание слайда:
Oligopoly Oligopoly Few firms with standardized or differentiated product Monopolistic Competition Heterogeneous and differentiated products Factors effecting Demand Advertising, Promotional Policies, Price expectations

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Firms selling durable goods face more volatile & unstable demand Firms selling durable goods face more volatile & unstable demand Like automobiles, washing machines, water geezers Why? Consumers can wait for Availability of credit, or growth in economy
Описание слайда:
Firms selling durable goods face more volatile & unstable demand Firms selling durable goods face more volatile & unstable demand Like automobiles, washing machines, water geezers Why? Consumers can wait for Availability of credit, or growth in economy

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Demand function faced by a firm Demand function faced by a firm QD= a0+a1Px +a2I+a3N+a4Py+ a5T…………… “a” is coefficient to be estimated with regression analysis Implications of estimated demand: Types of inputs Quantity of Inputs
Описание слайда:
Demand function faced by a firm Demand function faced by a firm QD= a0+a1Px +a2I+a3N+a4Py+ a5T…………… “a” is coefficient to be estimated with regression analysis Implications of estimated demand: Types of inputs Quantity of Inputs

Слайд 11


Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market
Описание слайда:
Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market

Слайд 12


The quantity sellers are willing to sell at a given price level The quantity sellers are willing to sell at a given price level Depends on: Price of the commodity Prices of inputs Technology Opportunity cost Future expectations Number of sellers
Описание слайда:
The quantity sellers are willing to sell at a given price level The quantity sellers are willing to sell at a given price level Depends on: Price of the commodity Prices of inputs Technology Opportunity cost Future expectations Number of sellers

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The higher the price, greater is the quantity sellers are willing to sell in the market (law of supply) The higher the price, greater is the quantity sellers are willing to sell in the market (law of supply) Effect of prices of inputs and changes in technology Effect of prices of goods which can be produced with same inputs Effect of changes in expectations of future Assuming everything else is fixed………
Описание слайда:
The higher the price, greater is the quantity sellers are willing to sell in the market (law of supply) The higher the price, greater is the quantity sellers are willing to sell in the market (law of supply) Effect of prices of inputs and changes in technology Effect of prices of goods which can be produced with same inputs Effect of changes in expectations of future Assuming everything else is fixed………

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Horizontal Summation of Individual Supply Curves Horizontal Summation of Individual Supply Curves Positively sloped, why? Positive relation between price and quantity
Описание слайда:
Horizontal Summation of Individual Supply Curves Horizontal Summation of Individual Supply Curves Positively sloped, why? Positive relation between price and quantity

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Change in supply Change in quantity supplied
Описание слайда:
Change in supply Change in quantity supplied

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Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market
Описание слайда:
Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market

Слайд 17


Equilibrium exists when quantity sellers are willing to sell is equal to the quantity buyers are willing to buy at a given price. Equilibrium exists when quantity sellers are willing to sell is equal to the quantity buyers are willing to buy at a given price.
Описание слайда:
Equilibrium exists when quantity sellers are willing to sell is equal to the quantity buyers are willing to buy at a given price. Equilibrium exists when quantity sellers are willing to sell is equal to the quantity buyers are willing to buy at a given price.

Слайд 18


Surplus - Results in downward pressure on the price Surplus - Results in downward pressure on the price Shortage - Results in upward pressure on the price Impact of Changes in Demand on Market Equilibrium Impact of Changes in Supply on Market Equilibrium
Описание слайда:
Surplus - Results in downward pressure on the price Surplus - Results in downward pressure on the price Shortage - Results in upward pressure on the price Impact of Changes in Demand on Market Equilibrium Impact of Changes in Supply on Market Equilibrium

Слайд 19


Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market
Описание слайда:
Theory of Demand Theory of Demand Theory of Supply Market Equilibrium Government Intervention in the Market

Слайд 20


Public Sector Services Public Sector Services Monopolies Restrictions and Barriers to Entry Reducing Trade Barriers Vs Import Tariffs Taxation Subsidies and Welfare payments Laws and Regulations
Описание слайда:
Public Sector Services Public Sector Services Monopolies Restrictions and Barriers to Entry Reducing Trade Barriers Vs Import Tariffs Taxation Subsidies and Welfare payments Laws and Regulations

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What would be the equilibrium price and quantity in presence of insurance? What would be the equilibrium price and quantity in presence of insurance? What would happen to the demand curve of health care facilities in absence of medical insurance? Explain the role of government in influencing the market of health care facilities? Explain a few scenarios in which the supply curve might shift?
Описание слайда:
What would be the equilibrium price and quantity in presence of insurance? What would be the equilibrium price and quantity in presence of insurance? What would happen to the demand curve of health care facilities in absence of medical insurance? Explain the role of government in influencing the market of health care facilities? Explain a few scenarios in which the supply curve might shift?

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