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Supply, Demand, and Equilibrium: The Exe...

Debaere, Peter

Exercise

Supply, Demand, and Equilibrium: The Exercises

Debaere, Peter

G-0597 | Published August 10, 2007 | 7 pages Exercise

Collection: Darden School of Business

Product Details

This technical note contains some exercises to practice "shifting curves" versus "movements along the curves." It also discusses the implications of raising taxes when there is an externality. This class is part of the refresher course in Economics for incoming MBAs.

The learning objectives are to refresh key concepts and tools from microeconomics and macroeconomics; emphasize the role of economics in the MBA curriculum; and show how analyzing economic agents as maximizers of profit and/or utility deepens one's understanding of the environment of the firm.