vocabulary ˈfæk·tər ek·spekˈteɪ·ʃən Teɪst dɪˈmænd.kɜrv səˈplɑɪ kɜrv ˌtɜː.mɪˈnɒl.ə.dʒi ˈɪl.ə.streɪt ˈkɑn·stənt ɡræf rɪˈzʌlt ɪmˈpruv·mənt Factor : yếu tố Expectation: kỳ vọng, mong
Trang 1welcome to our
presentation
" supply and demand"
Trang 2I vocabulary
ˈfæk·tər
ek·spekˈteɪ·ʃən
Teɪst
dɪˈmænd.kɜrv
səˈplɑɪ kɜrv
ˌtɜː.mɪˈnɒl.ə.dʒi
ˈɪl.ə.streɪt
ˈkɑn·stənt
ɡræf
rɪˈzʌlt
ɪmˈpruv·mənt
Factor : yếu tố Expectation: kỳ vọng, mong đợi Taste: thị hiếu
Demand curve: đường cầu Supply curve: đường cung Terminology: thuật ngữ illustrate: minh họa Constant: không đổi Graph: đồ thị
Result: kết quả Improvement: sự cải thiện
Trang 3I Vocabulary (next):
i·kwəˈlɪb·ri·əm
ˈri·zən
def·əˈnɪʃ·ən
ˈi·kwəl
ˌɪn·tərˈsekt
hɔr·əˈzɑn·təl
fɔrs
ɪkˈses
ɪnˈsen·tɪv
ˈmɪn·ə·məm ˌweɪdʒ
ˈmɑr·kɪt ˈmek·əˌnɪz·əm
Equilibrium: trạng thái cân bằng
Reason: nguyên do Definition: định nghĩa Equal: bằng
Intersect: giao nhau Horizontal: nằm ngang Force: yếu tố
Excess: dư thừa Incentive: khuyến khích
Minimum wage: lương tối thiểu
Market machanism: cơ chế thị trường
Trang 4Summary the last lesson
equilib rium demand
su pp
ly
Trang 5Supply curve
Qd is quantity of
goods that
seller are willing
and able to sell
at a certain
price in a period
time
A change in price factor cause a movement a long a given supply curve
A change of 1 of the shift factor cause a shift of the entire supply curve
Definition of
quantity
supply
The shift factor
of supply include:
-price of input -technology -taxe
-supplie’s expection
Trang 6Demand curve
A change in price factor cause a movement a long a given demand curve
Qd is quantity of
goods that buyer
willing and able to
buy at a certain
price in a period
time
A change of the shift factor cause a shift of entire of demand curve
Definition of
quantity
demand
The shift factor of demand include: -price of orther goods
-taste -expectation -society’s income
Trang 7equilibri um
Is a situation
in which there is
no tendency
for change Where
quantity demand equal quantity supply
Where the supply curve and demand curve intersect
When the
market
price of
the
product
not to rise
or not to
fall
Trang 8III answer the questions:
1.what is the definition of "demand"?
demand" is the consumer's willingness and ability to pay for a price for a specific goog or service
Trang 9III answer the questions:
2 what is the difference between "demand"
and "quantity demanded"?
a change in quantity demanded is brought by a change
in price while a change in demand is brought by a
change in shift factors, such as society's income, prices
of other goods, expectations and tastes
Trang 10III answer the questions:
3.what factors cause the whole demand curve shift to the left or to the right?
the factors cause the whole demand curve shift to the left or to the right are society's income, price of other goods, expectations and tastes…
Trang 114 what is "supply"?
"supply" is the amount of product that producers are willing and able to sell at a certain price
Trang 125 what is the difference between
"supply" and "quantity supplied"?
a change in quantity supplied is brought by a change in price while a change in supply is
brought by a change in prices of inputs,
technology, taxes, and supplier's expectations
Trang 13III answer the questions (next):
6 when is a market in equilibrium?
a market will be in equilibrium when there is no reason for the market price of the product to rise or to fall
Trang 14III answer the questions (next):
7 why does the price of air condition rise in the
summer?
temperature increases in the summer causes consummer's
demand for air condition will increase when demand is more than supply will lead to an excess demand that is why the price of air condition rises in the summer
Trang 15III answer the questions (next):
8 what is the role of demand and supply?
relationshipsupply and demand play important role in regulating market by price because their makes equilibrium price of the market in addition, supply and demand tell us about possible price level will exist in the market in a given time period
Trang 16The End
Thank for
listening