Supply demand curve: right shift demand
With supply staying still and demand increasing (right shifting), both the price and quantity supplied are elevated. This is one ...
Month: January 2009
Heat Map of Worldwide GDP Real Growth Rate 2007
Heat Map of Worldwide GDP Real Growth Rate 2007 Data source: 2007 CIA World Fact Book
Heat Map of Worldwide GDP (PPP) Per Capita 2008
Heat Map of Worldwide GDP (PPP) Per Capita 2008 Data source: 2008 CIA World Fact Book
Law of Diminishing Marginal Utility
Law of Diminishing Marginal Utility Q - quantity of good TU - total utility MU - marginal utility (ΔTU) Author: ...
The Macroeconomics Circulation Flowchart
From a macroeconomic perspective, households, government and firms (corporations) are the 3 fundamental players of money and resources. This flowchart ...
Circular flow of income
Firms and households interact and exchange resources in the big Circular Flow of Income illustrated by the diagram below. The ...
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