> L04 · additional readings
equilibrium · wed 14.10
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textbook · Frank, chapter 2 (pp. 25–43) and appendix 2A (pp. 47–50)
Robert H. Frank, Microeconomics and Behavior, 9th ed.
The textbook's chapter on supply and demand: markets, equilibrium and how it changes when demand or supply shifts. The appendix covers taxes and goes with lecture 4. The end-of-chapter problems are left out.