Welcome to my course on basics of microeconomics : Behavior of Buyers and Sellers
In this course, I will take you through the heart of Economics - Demand and Supply Mechanism (Determined by Buyers and Sellers ) and we will discuss the following topics :
What is Demand?
Do you demand less when the price of a commodity rises.? Yes..? Think again..!
Is your Demand only a function of price?
What is supply?
What affects supply of a good in the market?
We, as buyers, want to pay as low a price as possible; sellers, on the other hand, want to charge as high a price as possible, seems like there are opposite interests here, then who gets to decide the price?
How does this price mechanism function?
This course is not only for the students of Economics but for anyone who has an interest in understanding this powerful mechanism of Demand and Supply.
This course has 18 lectures and 1 hour of content.
It is a beginner level course and all the topics and concepts start from scratch, so even if you are not familiar with Economics , you may take this as your first step to understand this powerful subject.
All that said, if you would like to discuss something while you are learning, please feel free to start a discussion or PM me.
Lets get started..!
Shubham Kalra has a Masters in Economics from Delhi School of Economics and has worked as a Business Analyst in one of the largest banking and financial services organizations in the world.
He has done research projects in Education and Infrastructure Sector in India involving field work and analysis of data. He holds a diploma in Financial Planning and has good understanding of Risk Management concepts and Financial Instruments as well.
He loves teaching and has been teaching since his college days in one way or another. It was in 2015, when he founded 'Eduspred - The Economics and Statistics School' and started teaching full time and is now teaching Economics and Statistics to many students online.His areas of specialization include Economics, Statistics, Finance and Game theory.