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Managerial Economics- Demand and Supply

Author

Listed:
  • Kwesi A. Sakyi

    (ZCAS University, P.O. Box 35243, Dedan Kimathi Road, Lusaka, Zambia)

Abstract

In this article, the author explores in a short communication the concepts of demand and supply in relationship to the price mechanism as well as the need for Keynesian market intervention. He further explores the philosophical underpinnings of the idea of the welfare state with regard to merit goods and general wellbeing of citizens.

Suggested Citation

  • Kwesi A. Sakyi, 2020. "Managerial Economics- Demand and Supply," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 4(12), pages 71-74, December.
    • Handle: RePEc:bcp:journl:v:4:y:2020:i:12:p:71-74
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    References listed on IDEAS

    as
    1. Witztum, Amos, 2005. "Economics: An Analytical Introduction," OUP Catalogue, Oxford University Press, number 9780199271634, Decembrie.
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