# 3E Economics par. 2.1

Would you like a bag of Haagsche hopjes?
A
Yes
B
No
1 / 17
Slide 1: Quiz
EconomieMiddelbare schoolvwoLeerjaar 3

This lesson contains 17 slides, with interactive quizzes and text slides.

Lesson duration is: 60 min

## Items in this lesson

Would you like a bag of Haagsche hopjes?
A
Yes
B
No

#### Slide 1 -Quiz

Would you like to buy this bag of Haagsche hopjes for € 1,-?
A
Yes
B
No

#### Slide 2 -Quiz

Would you like this bag of Haagsche hopjes for € 2,-?
A
Yes
B
No

#### Slide 3 -Quiz

Would you like this bag of Haagsche hopjes for € 3,-?
A
Yes
B
No

#### Slide 4 -Quiz

Would you like this bag of Haagsche hopjes for € 4,-?
A
Yes
B
No

#### Slide 5 -Quiz

Drawing our demand curve

#### Slide 6 -Slide

Demand curve
Price ( p ) on the vertical axis
Quantity demanded ( Qd ) on the horizontal axis

The number of units consumers want to buy at a specific price

#### Slide 7 -Slide

Demand curve
If the price decreases, the quantity demanded will increase

If the price increases, the quantity demanded will decrease

The demand curve is a downward sloping curve

#### Slide 8 -Slide

Demand curve
Qd = -aP + b

-a indicates by how much the demand will decrease if the price is increased by € 1,-

b indicates the maximum demand as if the procuct was for free

#### Slide 9 -Slide

Demand curve change
If the price changes (and everything else stays the same), then demand will change.

#### Slide 10 -Slide

Shift of the demand curve
• When another circumstance changes, the demand curve itself will shift.
• So when the price stays the same, demand will still change

#### Slide 11 -Slide

Shift of the demand curve
Causes for a shift of the demand curve:

- change in income of consumers
- change in consumers' taste
- change in number of consumers
- change in prices other products

#### Slide 12 -Slide

Shift of the demand curve
If demand for a product increases at any price, the demand curve shifts to the right

If demand for a product decreases at any price, the demand curve shifts to the left

#### Slide 13 -Slide

right
left
Cars
Dutch population decreases
Price of petrol decreases
Income Dutch people increases
Pollution worse than expected
Price public transport decreases

#### Slide 14 -Drag question

Assignment 2 par. 2.1

#### Slide 15 -Slide

Assignment 2 par. 2.1
From ( 0, 4 ) to ( 800, 0 )

#### Slide 16 -Slide

Hw.
Par. 2.1 assignments 1 and 10