Meandering Through Mathematics: Supply, Demand and Market Microstructure | Aural Complex Landscape |

Today we are going to make an agent-based simulation model of Supply and Demand. Pretend we have a room full of people. Some of them have apples, some do not. Some are hungry, some are not. All have money in their pockets with which they can buy and sell apples, if they so choose. What determines the price of apples?