Producer Surplus - Shifts in Supply and Demand

In this series of three short revision videos we walk through the impact on producer surplus of shifts in supply and demand. These are often the basis for multiple choice questions in exams.

Video 1: Producer Surplus - Effect of a Shift in Demand

In this revision video we look at the impact on producer surplus of an outward shift in the demand curve for a product.

Producer Surplus - Effect of a Shift in Supply

In this revision video we look at the impact on producer surplus of an outward shift in the supply curve for a producer.

Producer Surplus - Effect of a Shift in Demand and Supply

In this revision video we look at the impact on producer surplus of inward shift in both the demand and the supply curve for a product.