Markets
A market is any place or process that brings together buyers and sellers with a view to agreeing a price
- Commodities markets – e.g. rubber, oil, sugar, wheat, gold, copper etc
- Financial markets – stocks, shares, currencies, financial instruments
- Goods markets – the supply and demand of goods and services in general, food, clothing, leisure, houses, cars etc
- Factor markets – the supply and demand of factors of production – land, labour and capital
- Commodities markets – e.g. rubber, oil, sugar, wheat, gold, copper etc
- Financial markets – stocks, shares, currencies, financial instruments
- Goods markets – the supply and demand of goods and services in general, food, clothing, leisure, houses, cars etc
- Factor markets – the supply and demand of factors of production – land, labour and capital
- Commodities http://www.bloomberg.com/markets/commodities
- Currencies http://www.xe.com/
- Futures http://www.cnbc.com/pre-markets/
- Other http://www.ebay.com/ www.amazon.com
- What is being traded in the markets you are looking at?
- Who do you think the buyers and the sellers would be ?
- Why might they be buying and selling these items?
- Some of these markets are 'futures' markets - what do you think this means?
- What has happened recently to the prices in the markets that you are looking at?
- Why do you think the price might have changed?
- How would you define market?
- List all the different types of market you can think of.