资源描述：
《经济解释听课笔记（lecture notes for economic interpretation ）》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、经济解释听课笔记(8)（LecturenotesforEconomicInterpretation(8)）Disclaimer:ThisisarecordingofalecturebyProfessorZhang,withoutreviewbyProfessorZhangWuchang.WithouttheauthorizationofProfessorZhangWuchangandtheFangJinheEconomicResearchCenter,nopersonorinstitutionshallpublish,reprin
2、torusethisarticleforanycommercialpurpose.Thankstoresearchorlearning,pleasealsoindicatethesource,thankyou!Limitedchoice3stressesStevenPricebehavior,whichisaninterestingtopicineconomics,butisrarelymentionedinsomeEnglishtextbooks.Idivideitintothreekinds,andtherearetwokin
3、dsinthetextbook.Thefirstiscalledvalence,price,taking.Traditionally,thisisthepriceundercompetition,thatistosay,thisdemandcurveisnotonlyforoneseller,butisflatandcansellasmuchaspossible.Eachcustomer'sdemandcurveisslopingtotheright,andthedemandcurveofthemarketisskewedtoth
4、eright.Butasellerisonlyasmallpartofthemarket,sothedemandcurvehefacesisflat.Hehasnochoicebuttoraisethepricealittlewithoutaskingforit,andifthepricefalls,hecansellitindefinitely,sohewillfeelthemarketpriceandhewillsellitatthemarketprice.Thisiswhateconomicscallscompletecom
5、petition.Theanalysisinsideitisveryreluctant,andthereisnowisdomatall.Anearexampleisgold.Forexample,howmuchisthepriceofgoldtoday?Youhavenoreasontosellitatahigherorlowerpricethanitis.Youcanonlyacceptthepriceinthismarket,soitiscalledtheprice.Myteacherputforwardtheconcepto
6、fpricetaking,andnoweverybodycallsit.Leavingtheso-calledperfectcompetitivemarket,theseller'sdemandcurveisslopingtotheright,sohecansetthepricehigherandsellless,orlowerthepriceandsellmore.Thenyouhavetomakeachoice.It'syours,andyou'regoingtofindaprice.Thisiswhatmyteacherca
7、llspricesearching.Itranslateforpricebecausetheso-calleddemandcurveslopestotheright,notyoucanreallyseetheline,butyoucanfindasuitableprice.Thereisalsoamonopolisticpricethatwasmentionedlasttime,andthedemandcurveforeverysellerinthemarketisskewedtotheright,soitisnotabigdea
8、ltomonopolizethepriceinprinciple.Openarestaurant,youcangowhereyoucaneat,notonyoursidecannot,thenyoucanlowerthepricecansellal
