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Intro to Economics

Original Content Publication Date: 06/26/2017


Whether it's being used as an opener to an economics course or to briefly explain the concept, this comedic clip teaches supply and demand using simply the logic of a fashionista (end at 2:04).

Key Points

  • Where there is no demand for something the curve shifts down
  • That affects the supply curve which then goes up
  • The point where the two curves meet is "magic" or the optimal area

Discussion Questions

  • What products or services have you seen in your lifetime that have lost demand and are over supplied?
  • What are some ways you can think of to avoid over supply or low demand?


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