Day 5 Feb 4 Demand, Supply, Market Equilibrium

1) Quickly review the PPC and we will do a quiz:

https://pantherfile.uwm.edu/amurshid/www/principles/p_quiz2.html

You can use your note but you cannot cheat. Enter your quiz score in the blog.

2) Next read the "Demand, Supply, and Market Equilibrium" p.78 to p.83.

You need to understand and MEMORIZE the 5 broad changes that affect the DEMAND CURVE and the 6 broad changes that affect the SUPPLY CURVE. Copy the points in your blog.