System.Terminal // v2.0
ECONOMICS
Market Sentiment
+12.4%
Scarcity Index
Critical
Subdomain Router
Micro-Economics
Macro-Economics
Applied Social Science
Equilibrium Lab
Active_Model
MARKET MAKER
EquilibriumPRICE ($)
QUANTITY (Q)
DEMAND0
Less DesireMore Desire
SUPPLY0
More ScarcityAbundance
PRICE
$100
QUANTITY
100 units
The Invisible Hand
"By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it."
— Adam Smith (1776)
Opportunity Cost
Every choice entails the sacrifice of the next best alternative. In social studies, this is the fundamental engine of human behavior.