L6X-market eq jpw - microL6-F09-

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Unformatted text preview: microL6-F09- http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ Market Equilibrium Lecture 6 Jennifer P. Wissink 2009 John M. Abowd and Jennifer P. Wissink, all rights reserved. September 15, 2009 microL6-F09- http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ Announcements F09 Due to a meeting. Office hours this week Wednesday ONLY will be from 3:00-5:00pm. This WEEK: Chapters 3&4, and maybe even some of 5. Next week: Chapters 5&6. QUIZ #2-econ1110-F09 DUE TONIGHT! Dont forget to use: The ETC (go to office 477 in Uris Hall to see hours) Albert Alexander and the Learning Strategies Center (see web for info) All the TAs and me for office hours TakeNotes (if you want to buy them) MyEconLab WISSINK OLD TRADITIONAL PROBLEM SETS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ABOWD practice materials (see Problem Set link on our Web page) microL6-F09- http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ C.E.S. (Cornell Economics Society) Welcome back! We are excited to announce our first General Body meeting: Tuesday, September 15th 4:45 pm Warren 145 Come join us to: Learn more about CES and our events planned for this semester Meet the E-Board members Hear about our Fall schedule and campus events We hope to see you all there! See below for other upcoming business-related events. ---Claire Cheng microL6-F09- http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ The Demand Curve: Movements vs. Shifts Recall: Q X D = f(P X ) given P s , P c , I, T&P, Pop A movement along the demand curve for X would be caused by a change in P x . Remember this is referred to as an increase or decrease in quantity demanded! A shift of the entire demand curve would be caused by a change in one of the ceteris paribus demand variables. This would be referred to as an increase or decrease in demand. microL6-F09- http://www.arts.cornell.edu/econ/wissink/econ1110jpw/ Change (Increase) in Quantity Demanded A change in the quantity demanded is a movement along the demand curve....
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L6X-market eq jpw - microL6-F09-

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