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Microeconomics , Sixth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Economics WIRED
Chapter 3: Markets, Demand and Supply, and the Price System

Key Concepts: Markets, Demand, Supply, Equilibrium: Putting Demand and Supply Together

E*TRADE
http://www.etrade.com

Enter "MSFT" for Microsoft Corporation or "Yhoo" for Yahoo in the "Quotes" box on the top and review the Quote information for the selected stock.
  • What factors "determine" your decision to purchase (demand) or sell (supply) any given stocks?
  • Explain how some traders might try to use the bid size and ask size to measure impending short term upward or downward pressure on the stock's price.
  • Review the 1 or 3 month "Chart" (e.g. price movement) and "News" information for the selected stock. Identify specific news that may have "shifted" its demand or supply curve.

Hollywood Star Exchange
http://www.hsx.com

Review the home page information and select the "movies" link. Examine the current "box office" information at the bottom of the screen.
  • Identify potential factors that may determine the current value or Hollywood Price (H$) for selected movies.
  • Why do movie studios spend millions of dollars on advertising prior to the opening of their movies?


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