What is the difference between a shifting of supply and demand curve and movement along supply and demand curves?, assignment help

https://undergrad.newenglandcollegeonline.com/CourseMaterials/EC2110/PPTs%20for%20Students/krugman4e_lecture_slides_micro_macro_econ_ch03.pptx

https://undergrad.newenglandcollegeonline.com/CourseMaterials/EC2110/PPTs%20for%20Students/krugman4e_lecture_slides_macro_ch04.pptx

https://undergrad.newenglandcollegeonline.com/CourseMaterials/EC2110/PPTs%20for%20Students/krugman4e_lecture_slides_macro_ch07_econ_ch22.pptx

1.Please post a well-thought-out question about subject matter relating to this week’s topics and current events to the discussion board  

2. Provide a brief answer to the following questions:

1)  What is the difference between a shifting of supply and demand curve and movement along  supply and demand curves?

2)  What are some of the factors that can shift the demand curve?

3)  What are some of the factors that can shift the supply curve?

4)  What is GDP and what are its components?

5)  How GDP can be measured?

6)  What could be some of the shortcomings of GDP in measuring the 

  economic welfare of a society?

ESSAY:

Few years ago, the rice prices drastically increased in a short period of time.  In several parts of the world experienced shortages and food riots over rapid rises in rice prices.  Several rice producing countries imposed limitation on rice export and even retailers in the United States limited the quantity of rice each customer could buy.   Increase in population, and draught in some rice producing areas were mentioned as contributing factors in the rice price crisis.  With the help of simple demand and supply analysis, explain the changes in the rice market. 

 

"Looking for a Similar Assignment? Order now and Get 10% Discount! Use Code "GET10" in your order"