Shifting Demand and Supply- Macro Topic 1.6 (Micro Topic 2.7)

Mr. Clifford introduces the concept of shifting demand and supply, explaining equilibrium and the effects of price changes. He uses a scene from Frozen to illustrate demand shifts and provides practice scenarios for understanding supply and demand shifts. The video emphasizes the importance of understanding these concepts for both academic and real-life applications.

What new insight or understanding did you gain from this video?