PPA 723: Managerial Economics Lecture 3: Market Equilibrium.
Factor Markets. Remember … u u A factor of production is something that is used to produce some output. u u also called an input or a productive resource.
1 1 The Economics of Margin Squeeze A short history of nearly everything Dr. Jorge Padilla Managing Director LECG Europe Brussels-London-Madrid-Paris London,
It’s a recession when your neighbor loses his job, it’s a depression when you lose yours. Harry Truman It’s a recession when your neighbor loses his job,
Lecture 2-3: Demand, Supply Analysis and Applications A’lam Asadov [email protected] Office hrs: Friday, 15.00-16.00, Room 103.
UET-Pesh-UIP-5818-Urban Economics and Real Estate-Dr. Attaullah Shah-Lec5 Lec-5 Urban Spatial Structure and Urban Sprawls Engr. Dr. Attaullah Shah.
1 CHAPTER 3 The Measurement Framework and Mechanics of Financial Accounting.
STUDY GUIDE: MACROECONOMICS ECON FORUMLA & GRAPH SHIFTS For Each Chapter Covered in ECON 2105.
Property and capital structure of the firm Each business needs tangible and intangible resources: buildings, machines, material, means of transport, etc.,
Supply and its Determinants. Supply Just like with demand, we are going to start with thinking about markets…like the Product and Factor Markets from.
PPA 723: Managerial Economics
Demand and Supply © Peter Berck 2012. Lecture Outline Goods People Demand Goods; –Shift in demand Firms Supply Goods; Keep Supply and Demand Separate.
