E.4 Cobweb models | Supply and Demand - Microeconomics

Learn more: www.policonomics.com/cobweb-mo...
This video shows how cobweb models work. In some cases, disequilibria in markets can evolve to a stable equilibrium, while in some other cases such an equilibrium is never reached.
Related articles:
-Supply and demand: www.policonomics.com/supply-an...
-Equilibrium: www.policonomics.com/market-cl...
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