We need supply of raw materials, goods and services in markets. And there should be enough demand to grasp the meaning of national economies.
We need productivity and growth in national and international markets. We do not need recessions, but we need the best development as possible. And we must buy and sell in various markets to get enough drive in the economy! If demand or supply equals each other we have equilibrium in markets and we do not do other things than having it more and more times.If we have demand unequal to supply, we need to do something in the local markets which have consequences for national markets.
The wages should be as high as you are qualified for. And you can use your human resources as you like. You should contribute with something, and you should deserve what wages and recognition you get. But you should select jobs that are in accordance what you can do. And you can develop yourself to professor. And you have always enough time! Too little time, is something strange we create, and which we cannot always defend in research. And we need literature in all languages in all countries through all their histories, and we can always develop the literature, and we can make it even better, not worser!
You need not compare yourself to everybody else, but you should be yourself! And you do not need disturbances in your life, but you should create life with your own values of goodness and inclusion, and you do not need to follow the perceptions and opinions.
The demand curve is a falling curve for higher prices. And that means that you will buy more, if the prices are lower. The supply curve is a rising curve for higher prices. And that mean that all organizations in all national economies will produce more raw materials, goods and services with higher prices. And we can model the demand curve and the supply curve with making equations mathematically! The Finance Department in ever country cannot do it better, and we need always perspectives, theories and data to understand things and what happens more completely!
The different things with the demand curve and the supply curve are about understanding what the curves are and how they get them, and it is also about shifts in the curves. It there is equilibrium, we need just do the same things as ever before. If there is less demand than supply, we need to put down the prices to get the economies in the right manners. And if the demand is larger than the supply, we also have to increase the prices. That is the philosophy in different markets, and it is in all conceivable markets we can think of, both new kinds of markets and established markets. The market is the place where you meet a potential seller or buyer, and we can just be ourselves in the various markets. If we have disequilibrium in markets, we should take the necessary step to get equilbrium! If some are doing stupid things about us, we should ignore it in business markets and be ourselves. You have always more competence and experiences if you have followed the courses at different levels in all business schools that are possible in the world. The ranking on them varies, and you should choose the best of them, if you are qualified and clever. The gate way to the world is the place that deserves it really!
We also have shifts in the demand curve and the supply curve, and there can be positive or negative shift to both curves. If we have positive shift in the demand curve, we get higher prices and larger quantity in the economy. If we have negative shift in the demand curve, we should get lower prices and lower quantity in the economy. There are several causes to the shifts in the demand curve, and it can be the price of the actual product in question, the prices of other articles, the needs, the expectations, the number of demanders and the income distributions in the different populations. And all the analysis is dependent on which economy in which country we are operating within!
We can also get shifts in the production curve. If we get positive shift in the supply curve, we get lower prices for increasing quantity. And if there is a negative shift in the supply curve, we get higher prices for lower quantity. And always we need to adapt prices and quantities to get equilibrium in the economies. and we cannot use the media channels to understand all these things, because we need lectures, books and journals in addition. The causes of shifts in the supply curve are prices on the relevant article, prices on input factors, changes in the production technology, reduced fees, expectations and number of suppliers. And we find some of these things in different kinds of books in Economics, but we do not always find all the explanations!
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