CFA prerequisite economics material demand and supply analysis
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CFA prerequisite economics material demand and supply analysis
READING13Demand and Supply Analysis: Introductionby Richard V. Fastin, Phi), and Gary I.. Arbogast, CPARichard V' Cattin, PhD. it at tht University uf CFA prerequisite economics material demand and supply analysis f Southern California (USA) Gary L Arbogast, CPA (USA).LEARNING OUTCOMESMastery□□□□□□□□□□□□□The candidate should be able to:a.distinguish among types of markets;b.explain the principles of demand and supply:c.describe causes of shifts in and movements along demand and supply curves;d.describe the pr CFA prerequisite economics material demand and supply analysis ocess of aggregating demand and supply curves;c. describe the concept of equilibrium (partial and general), and mechanisms by which markets achieve eqCFA prerequisite economics material demand and supply analysis
uilibrium;Í. distinguish between stable and unstable equilibria, including price bubbles, and identify instances of such equilibria;g. calculate and iREADING13Demand and Supply Analysis: Introductionby Richard V. Fastin, Phi), and Gary I.. Arbogast, CPARichard V' Cattin, PhD. it at tht University uf CFA prerequisite economics material demand and supply analysis calculate and interpret the amount of excess demand or excess supply associated with a non-cquilibrium price;i.describe types of auctions and calculate the winning price(s) of an auction;j.calculate and interpret consumer surplus, producer surplus, and total surplus;k.describe how government regulat CFA prerequisite economics material demand and supply analysis ion and intervention affect demand and supply;l.forecast the effect of the introduction and the removal of a market interference (e.g., a price floorCFA prerequisite economics material demand and supply analysis
or ceiling) on price and quantity;m.calculate and interpret price, income, and cross price elasticities of demand and describe factors that affect eacREADING13Demand and Supply Analysis: Introductionby Richard V. Fastin, Phi), and Gary I.. Arbogast, CPARichard V' Cattin, PhD. it at tht University ufREADING13Demand and Supply Analysis: Introductionby Richard V. Fastin, Phi), and Gary I.. Arbogast, CPARichard V' Cattin, PhD. it at tht University ufGọi ngay
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