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2.7 Market Disequilibrium and Changes in Equilibrium

Part of Supply and Demand in AP® Microeconomics. Read the opening section, then create a free account for the full interactive lesson, practice, and progress tracking.

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Market Disequilibrium and Changes in Equilibrium

In economics, market equilibrium occurs when the quantity supplied equals the quantity demanded at a given price. However, markets can experience disequilibrium due to various factors, leading to surpluses and shortages. Understanding how these changes affect equilibrium helps in analyzing market dynamics and consumer behavior.

In this unit

9 lessons

  1. 2.1SupplyPreview lesson
  2. 2.2DemandPreview lesson
  3. 2.3Price Elasticity of DemandPreview lesson
  4. 2.4Price Elasticity of SupplyPreview lesson
  5. 2.5Other ElasticitiesPreview lesson
  6. 2.6Market Equilibrium and Consumer and Producer SurplusPreview lesson
  7. 2.7Market Disequilibrium and Changes in EquilibriumThis lesson
  8. 2.8The Effects of Government Intervention in MarketsPreview lesson
  9. 2.9International Trade and Public PolicyPreview lesson

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