II-5 Flashcards
price ceiling/floor情况下的
市场均衡曲线
分子
numerator
broker和dealer的区别
broker不占有商品,只提供匹配需求与供给的服务
dealer先从producer处购买商品,再寻求高价卖出
自变量
independent variable
消费者盈余的内在逻辑
边际价格效应
分母
denominator
own-price elasticity equistion
magnitude >1 : elastic
<1: inelastic
=1 : unitary elastic 单一弹性
definition of demand
the willingness and ability of consumers to purchase a given amount of a good or service at a given price
vertical intercept
纵截距
types of auctions
common value auction
private value auction
according to mechanism:
ascending price (English)
sealded bid auction: first price & second price (Vickery)
descending price (Dutch)
Dutch modification: US Ttreasury, single price
Types of Markets
factor market (labor, land, physical capital, material,enterpreneurship)
goods market
capital market
消费者盈余
consumer surplus
因变量
dependent variable
change in quantity demanded
and
change in demand
决定因素
前者:goods own-price
后者:其他需求决定因素
逆需求函数
inverse demand function
(P as dependent, Q as independent)