QuantEcon / lecture-python-intro

An Undergraduate Lecture Series for the Foundations of Computational Economics
https://intro.quantecon.org/
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[intro_supply_demand] Improvement suggestions #358

Open HumphreyYang opened 9 months ago

HumphreyYang commented 9 months ago

This PR collects feedback from the reading group on intro_supply_demand.

Code

Content

jstac commented 9 months ago

Thanks @HumphreyYang, nice summary.

We can add a visualization showing consumers' willingness to pay and calculate the discrepancy to the actual price

Perhaps we could do this with a discrete bar graph first, so that readers can understand the integral is just an approximation of a sum.

Also, could have an introductory discussion of integration as computing area under a curve, and provide the simple integration rules that we are going to use.