"Supply and demand" is one of the most fundamental concepts of economic thinking. The familiar supply and demand curves are seemingly simple, but in reality, the relationship between supply and demand is complex. This course, the third in the "Economic Thinking for Planners" series, defines both supply and demand and explores their interactions. Once this relationship is understood, it can be used to answer many questions, such as this particularly big question: "What do markets do for us?"
This course is approved for 1.25 AICP CM credits.