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A curve may have equivalent parametrizations when there is a continuous increasing monotonic function relating the parameter of one curve to the parameter of the other. When there is a decreasing continuous function relating the parameters, then the parametric representations are opposite and the orientation of the curve is reversed. [1] [2]
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 ...
An example of a demand curve shifting. D1 and D2 are alternative positions of the demand curve, S is the supply curve, and P and Q are price and quantity respectively. The shift from D1 to D2 means an increase in demand with consequences for the other variables
Contract curve; Cost curve; Demand curve. Aggregate demand curve; Compensated demand curve; Duck curve; Engel curve; Hubbert curve; Indifference curve; J curve; Kuznets curve; Laffer curve; Lorenz curve; Phillips curve; Supply curve. Aggregate supply curve; Backward bending supply curve of labor
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IS curve represented by equilibrium in the capital market and Keynesian cross diagram. The IS curve shows the causation from interest rates to planned investment to national income and output. For the investment–saving curve, the independent variable is the interest rate and the dependent variable is the level of income.
The Keynesian cross diagram is a formulation of the central ideas in Keynes' General Theory of Employment, Interest and Money.It first appeared as a central component of macroeconomic theory as it was taught by Paul Samuelson in his textbook, Economics: An Introductory Analysis.
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force. It typically has vacancies on ...