Economics - Headway

This is a quick tutorial on how to get to the equilibrium price of a market.  Please click on the link below to get started.  Follow along as he explains the mathematical equations and where they come from.

              http://www.youtube.com/watch?v=IYZqlOCA9cw&feature=player_detailpage 

Directions:  Check out the housing market in your neighborhood.  Determine if the housing in your neighborhood is in a surplus or a shortage.  Use the equations that Mr. Longstreet uses in the tutorial to determine if the housing stock has too much available or too little. 

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