Episode Synopsis "S&D Shifters and Willingness to Pay"

Lecture 4: Finishes Chapter 3 and starts Chapter 4 of Krugman-Microeconomics including "S&D Shifters" (changes in markets) and "Willingness to Pay."

Listen "S&D Shifters and Willingness to Pay"

More episodes of the podcast Principles of Microeconomics, Winter 2013

• Markets, Supply and Demand
• S&D Shifters and Willingness to Pay
• Consumer Surplus and Producer Surplus
• Price Floors and Price Ceilings
• Elasticity
• Excise Taxes
• Economic Costs
• Market Externalities
• Market Externalities 2
• Public Goods
• The Welfare State
• Theory of the Firm
• Theory of the Firm 2
• Perfect Competition
• Monopolies