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with this video were talking about shifts in the demand or the supply curves if youre taking an intro to microeconomics class youre almost guaranteed to be getting questions about this on your midterm in your final exam so its good to review it Im trying to do this video kind of relatively quickly so its like a good recap and review of the essentials to remember to get you know a good grade and to kind of understand the concepts so what are we gonna do were gonna start off with shifting the demand curve so what might cause the shift in demand curve and what is a shift in the demand curve were then going to go over shifts in the supply curve what might cause a shift in the supply curve and then Ill go over the four different kind of possibilities so an increase in supply decrease in supply increase in demand decrease in demand and Ill show you how to draw them and the effects on equilibrium price in equilibrium quantity and then at the end Ill do two kind of a cheat sheet rec
