{"id":592,"date":"2024-05-30T03:15:16","date_gmt":"2024-05-30T03:15:16","guid":{"rendered":"https:\/\/course.oeru.org\/maec101\/?page_id=592"},"modified":"2024-05-30T03:15:16","modified_gmt":"2024-05-30T03:15:16","slug":"marketplace-economics","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec101\/learning-pathways\/overview-of-macroeconomics\/marketplace-economics\/","title":{"rendered":"Marketplace economics"},"content":{"rendered":"
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\n\t\t\t\"reading\"\n\t\t<\/div>\n\t\t
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Basic introduction to marketplace economics<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t
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Consider the following questions:\n<\/p>\n

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  1. What factors determine supply and demand in a given market?\n<\/li>\n
  2. What actors play a role in economic shifts?\n<\/li>\n<\/ol>\n

    Read the following sections from the Principles of Macroeconomics<\/a><\/b> book available from Saylor Academy<\/a><\/b>:\n<\/p>\n

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    1. Read Chapter 3<\/a><\/b>, to gain an understanding of the factors that shift the demand and supply curves.\n<\/li>\n
    2. Read Chapter 4<\/a><\/b>, to learn how to apply the model of supply and demand to various market situations.\n<\/li>\n<\/ol>\n

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