In this lesson, we introduced the concept of a market system, and our core tool for analysis of markets, the supply and demand diagram.
We examined in detail the origins and underpinnings of one half of this market model: the demand curve.
At this point, you should be able to perform the following tasks:
If you log in to Canvas, you will find a short written quiz for lesson 2. Complete that by the date noted on the calendar tab in Canvas.
There will also be a new discussion forum topic posted this week.
You have reached the end of Lesson 2! Double check the list of requirements on the first page of this lesson to make sure you have completed all of the activities listed there.
If you have anything you'd like to comment on or add to the lesson materials, feel free to post your thoughts in the discussion forum in Canvas. For example, if there was a point that you had trouble understanding, ask about it.