Talk:Supply and demand

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Former featured articleSupply and demand is a former featured article. Please see the links under Article milestones below for its original nomination page (for older articles, check the nomination archive) and why it was removed.
Main Page trophyThis article appeared on Wikipedia's Main Page as Today's featured article on December 15, 2004.
Article milestones
DateProcessResult
December 4, 2004Featured article candidatePromoted
November 24, 2006Peer reviewReviewed
November 30, 2006Featured article reviewDemoted
Current status: Former featured article
Wikipedia Version 1.0 Editorial Team / v0.5 / Vital (Rated C-class)
WikiProject iconThis article has been reviewed by the Version 1.0 Editorial Team.
C-Class article C  Quality: C-Class
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Please pay attention to appropriate linking: this article is used an example[edit]

The guidelines at Wikipedia:Manual of Style/Linking#An example article uses this article as an example:

For example, in the article on supply and demand:
  • almost certainly link "microeconomics" and "general equilibrium theory", as these are technical terms that many readers are unlikely to understand at first sight;
  • consider linking "price" and "goods" only if these common words have technical dimensions that are specifically relevant to the topic.
  • do not link to the "United States", because that is an article on a very broad topic with no direct connection to supply and demand.
  • definitely do not link "wheat", because it is a common term with no particular relationship to the article on supply and demand, beyond its arbitrary use as an example of traded goods in that article.
  • Make sure that the links are directed to the correct articles: in this example, you should link good (economics), not good.

Despite the above, the word "wheat" has been linked in this article since 2004 (the above was incorporated into the guideline in 2009 but may have been moved from elsewhere). I'm leaving this note here and at Wikipedia talk:Manual of Style/Linking#Discrepancy between guidelines and example article to draw attention to this and encourage cross-checking to avoid such discrepancies recurring. sroc 💬 12:57, 2 February 2014 (UTC)

Inaccessible to the lay reader[edit]

The following quote, from the criticisms section, is inaccessible to the lay-reader:

"The philosopher Hans Albert who argued that the ceteris paribus conditions of the marginalist theory rendered the theory itself an empty tautology and completely closed to experimental testing. In essence, demand and supply curve (theoretical line of quantity of a product which would have been offered or requested for given price) is purely ontological."

I understand this is a highly-abstract argument in a highly technical field, but the purpose of an encyclopedia is to summarize information succinctly and clearly for public consumption. I'm not a total ignoramus--both "tautology" and "ontology" are in my vocabulary--but I can't make heads nor tails of these sentences. This passage is completely opaque and needs some elucidation.

-It is just stating the obvious that demand and supply curve is like Freudian ego/ido or 4 elements theory (fire, water, earth, wind) of alchemist, and is beyond empirical measurement. Only thing which is empirically measurable is actual sale which took place. What could have been sold at different price at the same time the sale took place is purely hypothetical/philosophical/ontological speculation unless one can look into a parallel universe. .

- Hi. There's a problem with the statement of the argument. It's incomprehensible even to those who know the meanings of the words. The last sentence should substitute "tautological" for "ontological." — Preceding unsigned comment added by 2604:2000:6154:B800:68C9:9AAB:7414:ACF8 (talk) 07:45, 3 September 2018 (UTC)

Dr. Fujii's comment on this article[edit]

Dr. Fujii has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


Compared with the treatment of history, which presumably benefits only a limited fraction of readers, the treatment of empirical estimation is very limited. Further, the description is probably completely incomprehensible to non-economists.


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Fujii has published scholarly research which seems to be relevant to this Wikipedia article:


  • Reference : Tomoki Fujii, 2014. "Is urban food demand in the Philippines different from China?," Working Papers 18-2014, Singapore Management University, School of Economics.

ExpertIdeasBot (talk) 16:42, 19 May 2016 (UTC)

Dr. Kebede's comment on this article[edit]

Dr. Kebede has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


good article


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Kebede has published scholarly research which seems to be relevant to this Wikipedia article:


  • Reference : Bereket Kebede, 2004. "Intra-household Distribution of Expenditures in Rural Ethiopia: A Demand Systems Approach," Development and Comp Systems 0409032, EconWPA.

ExpertIdeasBot (talk) 09:17, 16 June 2016 (UTC)

Dr. Jambor's comment on this article[edit]

Dr. Jambor has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:


It is hard to write shortly on supply and demand as basic notions of economics but the author has made a great job here.


We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.

Dr. Jambor has published scholarly research which seems to be relevant to this Wikipedia article:


  • Reference : Bakucs, Zoltan & Jambor, Attila, 2014. "Consumer price volatility in the New Member States: Insights from the agri-food sector," 142nd Seminar, May 29-30, 2014, Budapest, Hungary 169793, European Association of Agricultural Economists.

ExpertIdeasBot (talk) 18:20, 27 June 2016 (UTC)