Welcome to another episode of my podcast. This episode discusses the demand in economics is the consumer’s desire and ability to purchase a good or service.
Author Archives: johnzamen
Podcast 23 Supply And Demand Model
Welcome to another episode of my podcast. In this episode I will discuss the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand.
Podcast 22 Technological Change Affects PPF
Welcome to another episode of my podcast. In this episode I will discuss how technological change makes it possible to shift the production possibilities frontier outwards by producing more from the same available resources.