Supply Revisited
This post is to add further resources on the concept of supply, for those who wish to follow up on this absolutely essential concept in Economics. First, however, I recommend you use the resources on this post to learn about supply: http://opengecko.com/economics/supply/
1) Videos
Supply by vaacon1
Creating a supply curve from a supply schedule by FreeEconHelp
Supply Curve and Changes in Supply by jcsballoon
Change in supply / change in quantity supplied by vaacon1
Various factors (short clips) affecting supply by vaacon1:
The diagrams are quite hard to see on the whiteboard, but the explanations and examples are clear.
Supply shifts – Prices of Relevant Resources
Supply Shifts – Expectations of Future price
Supply Shifts – Number of Sellers
Supply Shifts – Technology
Supply shifts – Taxes and Subsidies
You will need to revise what taxes and subsidies are.
Supply shifts – Government Restrictions
2) Interactive Activities
Factors affecting supply (via http://www.mbs.edu)
Supply via http://yknot.terapad.com
Supply – sellers perspective via http://edunirvana.com
Graphing The Supply Curve via http://glencoe.com
The Law of Supply and Supply Curves via http://www.emcp.com
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