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- Economic_graph abstract "The social science of economics makes extensive use of graphs to better illustrate the economic principles and trends it is attempting to explain. Those graphs have specific qualities that are not often found (or are not often found in such combinations) in other sciences.A common and specific example is the supply-and-demand graph shown at right. This graph shows supply and demand as opposing curves, and the intersection between those curves determines the equilibrium price. An alteration of either supply or demand is shown by displacing the curve to either the left (a decrease in quantity demanded or supplied) or to the right (an increase in quantity demanded or supplied); this shift results in new equilibrium price and quantity. Economic graphs are presented only in the first quadrant of the Cartesian plane when the variables conceptually can only take on non-negative values (such as the quantity of a product that is produced). Even though the axes refer to numerical variables, specific values are often not introduced if a conceptual point is being made that would apply to any numerical examples.More generally, there is usually some mathematical model underlying any given economic graph. For instance, the commonly used supply-and-demand graph has its underpinnings in general price theory—a highly mathematical discipline.".
- Economic_graph thumbnail Supply-demand-right-shift-demand.svg?width=300.
- Economic_graph wikiPageID "19769202".
- Economic_graph wikiPageLength "4054".
- Economic_graph wikiPageOutDegree "14".
- Economic_graph wikiPageRevisionID "681785229".
- Economic_graph wikiPageWikiLink Cartesian_coordinate_system.
- Economic_graph wikiPageWikiLink Cartesian_plane.
- Economic_graph wikiPageWikiLink Category:Economics.
- Economic_graph wikiPageWikiLink Dependent_and_independent_variables.
- Economic_graph wikiPageWikiLink Dependent_variable.
- Economic_graph wikiPageWikiLink Economic_equilibrium.
- Economic_graph wikiPageWikiLink Economics.
- Economic_graph wikiPageWikiLink Equilibrium_price.
- Economic_graph wikiPageWikiLink IS–LM_model.
- Economic_graph wikiPageWikiLink Independent_variable.
- Economic_graph wikiPageWikiLink Line_graph.
- Economic_graph wikiPageWikiLink Microeconomics.
- Economic_graph wikiPageWikiLink Price_theory.
- Economic_graph wikiPageWikiLink Social_science.
- Economic_graph wikiPageWikiLink Supply_and_demand.
- Economic_graph wikiPageWikiLink File:Graph_(PSF).png.
- Economic_graph wikiPageWikiLink File:Islm.svg.
- Economic_graph wikiPageWikiLink File:Supply-demand-right-shift-demand.svg.
- Economic_graph wikiPageWikiLinkText "Economic graph".
- Economic_graph wikiPageWikiLinkText "economics".
- Economic_graph hasPhotoCollection Economic_graph.
- Economic_graph wikiPageUsesTemplate Template:For.
- Economic_graph subject Category:Economics.
- Economic_graph type Science.
- Economic_graph comment "The social science of economics makes extensive use of graphs to better illustrate the economic principles and trends it is attempting to explain. Those graphs have specific qualities that are not often found (or are not often found in such combinations) in other sciences.A common and specific example is the supply-and-demand graph shown at right. This graph shows supply and demand as opposing curves, and the intersection between those curves determines the equilibrium price.".
- Economic_graph label "Economic graph".
- Economic_graph sameAs m.04q2ck6.
- Economic_graph sameAs Q5333466.
- Economic_graph sameAs Q5333466.
- Economic_graph wasDerivedFrom Economic_graph?oldid=681785229.
- Economic_graph depiction Supply-demand-right-shift-demand.svg.
- Economic_graph isPrimaryTopicOf Economic_graph.