The Market Forces Of Demand Supply Equilibrium

Tags: Economics

Economics: Analyzing Demand, Supply, and Market Equilibrium with real life case studies.

Last updated 2022-01-10 | 4.4

- This course is structured in the most simplest way for anyone who is interested to learn market forces. Through demand
- supply and equilibrium
- you will be abale to analyze any changes in any market forces in any specific market.

What you'll learn

This course is structured in the most simplest way for anyone who is interested to learn market forces. Through demand
supply and equilibrium
you will be abale to analyze any changes in any market forces in any specific market.

* Requirements

* The desire and awareness to learn Economics
* It is not required to have an Economics background.

Description

In this digital age, things change overnight in the markets and it is far more important to be able to take fast and right action than ever before. If you're wondering how an event or a policy would change the economy, you must first start analyzing how it will affect the behaviours of buyers and sellers and their interaction on the market. That's why it is crucial to understand how market forces work.

This course is carefully designed and structured in the most simplest way to give you the understanding of how buyers and sellers behave by explaining markets, competition, demand, supply and market forces, the most important Economics concepts. It shows how prices are determined by buyers and sellers in a market economy and how prices change to adjust the allocation of scarce resources in the most efficient way.

In this course, real life case studies from different parts of the world are given. It shows step by step how to analyze changes in market forces through diagrams as well as tips to get you used to anlyze any change in any market.

Who this course is for:

  • IB students
  • A Level and AP students
  • You can be a student in high school or university, an entreprenur, a lawyer, a banker, an engineer or even an astranout.
  • This course is designed for people who are not coming from economics background, or just started studying Economics or studied Economics but forgot most of it.

Course content

5 sections • 24 lectures

Welcome to the Market Forces Course Preview 03:45

Introduction - Markets & Competition Preview 02:01

Quantity Demanded & Law of Demand Preview 02:22

Demand Schedule and Demand Curve Preview 02:05

Individual Demand & Market Demand Preview 01:23

Movement along the curve Preview 01:11

Shift in a demand curve and Factors of a shift Preview 06:09

An article on banning junk food marketing in schools Preview 03:02

CASE STUDY : "How to reduce obesity in the society?" Preview 02:30

Quantity Supplied and Law of Supply Preview 01:59

Supply Schedule and Supply Curve Preview 01:50

Individual Supply and Market Supply Preview 01:26

Movement along the curve Preview 01:19

Shift in a Supply curve and factors of a shift Preview 04:29

An article on price gouging Preview 02:32

CASE STUDY: "Shopping malls in Shanghai" Preview 01:22

Equilibrium Price and Equilibrium Quantity Preview 01:27

Surplus & Shortage Preview 04:53

CASE STUDY 1: " Bike sharing in China" Preview 02:52

CASE STUDY 2: "Orange juice market in Turkey" Preview 01:41

CASE STUDY 3: "Gasoline market after Huricane Harvey" Preview 04:37

Quiz

Basic questions to test your understanding.

Exercises Preview 00:45

Case Study Questions Preview 03:26