
The Science of Everything Podcast
Episode 12: The Price System
42 min•6 januari 2011
Om avsnittet
An examination of how the price system works, including an introduction to supply and demand theory, and the concepts of clearing the market and surplus maximisation. We also look at how the price system promotes efficiency helps to regulate economic activity. Also includes a discussion of how prices store and communicate economic information.
The Science of Everything Podcast med James Fodor finns tillgänglig på flera plattformar. Informationen på denna sida kommer från offentliga podd-flöden.