Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 3c: Market Equilibrium and Efficiency

Assignments: Readings

pp. 62-67, (19th, 56-61), "Market Equilibrium", "Changes in Supply, Demand, and Equilibrium" pp. 75-82, (19th, 69-74 ), "Additional Examples of Supply and Demand" pp. 85-90, (19th, 93-99), "Efficiently Functioning Markets " Supply, Demand, and Economic Efficiency Optional, but very useful Lecture Outline

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