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Managerial Economics- Demand and Supply

Kwesi A. Sakyi
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Kwesi A. Sakyi: ZCAS University, P.O. Box 35243, Dedan Kimathi Road, Lusaka, Zambia

International Journal of Research and Innovation in Social Science, 2020, vol. 4, issue 12, 71-74

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.

Date: 2020
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