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Four Disruptive Forces: Movements and Shifts in Demand and Supply Curves

CASE FLYER, MANAGERIAL ECONOMICS
ET Cases, 5 pages

Case Preview

Four Disruptive Forces: Movements and Shifts in Demand and Supply Curves

 

Expected Learning Outcomes

• The concepts of movements and shifts in demand and supply curves
• The market implications of the four disruptive forces in global economy by 2030 and the impact through demand and supply curves

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I. The Age of Urbanization

1. What is the difference between movements along the curves and shifts of the curve? Illustrate with appropriate examples.
2. With increased number of countries becoming more urbanized, as highlighted in the base article1, how would the demand and supply curves change in the following:

  • a. The demand for housing
  • b. The demand for and supply of public transportation
  • c. The demand for and supply of water
  • d. The demand for and supply of improved healthcare facilities
  • e. The demand for security

 

3. ..............




1 “Four Disruptive Forces”, The Economic Times, June 6th 2015, page 7

Teaching Note Preview

Four Disruptive Forces: Movements and Shifts in Demand and Supply Curves

 

Synopsis

The base article1, which is based on McKinsey’s No Ordinary Disruption2, outlines the four disruptive forces – the age of urbanization, accelerating technological changes, challenges of an aging world, and greater global connections – and points out a major shift in the world economy by 2030. However, the four disruptive forces also present enormous business opportunities and challenges, influencing the demand and supply curves of variety of goods, commodities and services. The changes in the demand and supply would thus lead to ‘shifts in’ or ‘movements along’ the curves. This case flyer introduces the participants/students to the concepts of Movements and Shifts in Demand and Supply curves.

Prerequisite Conceptual Understanding (PCU)/Before the Classroom Discussion

The participants should be asked to read the following chapter to help them connect the concepts discussed in the case flyer.

  • • Paul A Samuelson, et al., “Basic Elements of Supply and Demand”, Economics, 19th Edition (Special Indian Edition), McGraw Hill Education (India) Private Limited, 2014 – To understand the notions of supply and demand and their operation in competitive markets


Case Positioning and Setting

The case flyer can be used in MBA or Executive MBA or Executive Development Programs, for the following modules/topics:

  • • Movements and Shifts in Demand and Supply Curves – To understand the concept and connotation of movements along and shifts of the demand and supply curves

 

Expected Learning Outcomes

  • • The concepts of movements and shifts in demand and supply curves
  • • The market implications of the four disruptive forces in global economy by 2030 and the impact through demand and supply curves

 

 



1 “Four Disruptive Forces”, The Economic Times, June 6th 2015, page 7
2 Richard Dobbs, et al., No Ordinary Disruption: The Four Global Forces Breaking All the Trends, ISBN-10: 1610395794 (ISBN-13: 978-1610395793), Public Affairs, July 29th 2015

$2.53
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Product code: ME-4-0007, ME-4-0007A

Abstract


This case flyer is meant for understanding the concepts of Movements and Shifts in Demand and Supply curves. In the base article1, the four disruptive forces outlined, based on the book No Ordinary Disruption2 by the directors of the McKinsey Global Institute, point a major shift in the world economy by 2030. While the four disruptive forces - the age of urbanization, accelerating technological changes, challenges of an aging world, and greater global connections - may seem over simplified, they offer enormous business opportunities and challenges. While the business opportunities would influence the demand and supply curves of variety of goods, commodities and services, an endeavor has to be made to look through whether some of these seismic changes would end up 'shifting' or 'moving along' the curves. How to interpret the influence of these four disruptive forces to translate the same into demand and supply related actionable items?



Pedagogical Objectives

  • To understand the concepts of movements and shifts in demand and supply curves
  • To analyze the market implications of the four disruptive forces that are expected to bring in seismic changes in the global economy by 2030 and discuss the impact through demand and supply curves

Case Positioning and Setting

The case flyer can be used in MBA or Executive MBA or Executive Development Programs, for the following modules/topics:

  • Movements and Shifts in Demand and Supply Curves - To understand the concept and connotation of movements along and shifts of the demand and supply curves


1  "Four Disruptive Forces", The Economic Times, June 6th 2015, page 7
2  Richard Dobbs, et al., No Ordinary Disruption: The Four Global Forces Breaking All the Trends, ISBN-10: 1610395794 (ISBN-13: 978-1610395793), Public Affairs, July 29th 2015



This Case Pack Includes:
- Abstract
- Case Flyer
- Teaching Note (**ONLY for Academicians)
$2.53
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