Episode Synopsis "2. Supply and Demand"

In this lecture in 1972, supply and demand concepts included: preferences of consumers, prices, quantity, quality, elasticity, equilibrium, marginal utility, present goods, and production processes. Lecture 2 of 16 from Austrian Economics: An Introductory Course, presented at New York Polytechnic University in 1972.

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More episodes of the podcast Austrian Economics: An Introductory Course

• 1. Choice, Utility, and Demand
• 2. Supply and Demand
• 3. Advertising
• 4. Price Controls
• 5. The Profit Motive
• 6. Costs of the Firm
• 7. Pricing of the Factors of Production
• 8. Labor and Unions
• 9. Labor
• 10. Capital, Interest, and Profit
• 11. Interest and Capitalization
• 12. Conservation and Property Rights
• 13. Monopoly and Competition
• 14. Money and Prices
• 15. Money and the Balance of Payments
• 16. Banking and the Business Cycle