Market Equilibrium: Concepts and Stability

Description

This lecture covers the concept of market equilibrium in the context of land and real estate economics. It explains how prices adjust to balance supply and demand, leading to stability. Various scenarios of demand and supply disturbances are analyzed, showing how they impact prices and lead to new equilibriums.

In MOOC

Instructors (2)

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Official source

https://mediaspace.epfl.ch/media/0_fj3bqhn2

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Ontological neighbourhood

Economics

Macroeconomics: Markets

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