Price and Market Structure
Intro to Price
A price is the value of a product in money.
Price is determined by supply and demand.
It is a signal that helps us make our economic decisions.
Price gives information and provides goals to buyers and sellers. Hig
26 November 2012
Price Controls and Price Ceilings
Price floors prohibit prices below a certain minimum. It is a minimum legal price. Price
floors set below equilibrium are usually irrelevant. However, price floor
24 October 2012
Alabama State Senators and House Representatives
The state senators have major responsibilities. They are required to make decisions as as
both recorded and unrecorded votes on the floor a
6 December 2012
Federal Reserve System and the Stock Market
The Federal Reserve is a vital organization in the United States. It is the central banking
system in America. It was created by Congress to prov
There are dierent viewpoints when it comes to how we study economics. The two primary methods are
macroeconomics (as a whole) and Microeconomics (in parts).
Microeconomics looks at how individuals and small
The Nature of the Judicial System!
The judicial system of the United States is an adversarial one in which the courts
provide an arena for two parties to bring their conict before an impartial arbiter (judge).!
The system is based on the th
There are different viewpoints when it comes to how we study economic. The two
primary methods are macroeconomics (as a whole) and Microeconomics.!
Microeconomics looks at how individuals and small companies act and make
28 September 2012
Supreme Court Justices
The Supreme Court justices play a key role in the judiciary branch of the United States.
They interpret law at the national level of government. There is one chief j
The framers of the constitution conceived of Congress as the center of policymaking
Although throughout time the power of Congress has uctuated, in recent years it has
been the true center of power in Washington.!
Some critics ch
American Foreign Policy
The ocially stated goal of the foreign policy of the US is: To create a more secure, democra>c, and prosperous
world for the benet of the American people and the interna>onal community.