Economics-Demand and Supply Analysis
4.1 (32 ratings)
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Economics-Demand and Supply Analysis

An indepth analysis of Supply and demand with Quizzes and solved mathematical problems.
4.1 (32 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
1,049 students enrolled
Created by Marjan Arbab
Last updated 3/2015
English
Current price: $10 Original price: $20 Discount: 50% off
1 day left at this price!
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Includes:
  • 40 mins on-demand video
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What Will I Learn?
Individual Entities vs Economy as a whole
Determining Market Mechanism
Determine equilibrium Price and Quantity
Movement and Shift factors of supply and demand
Practical example of supply, demand and price changes
Elasticity and responsiveness to price changes
Calculating Elasticity
Micro-economic Applications and problem questions
Mathematical and Graphical Intrepretations
View Curriculum
Requirements
  • General Use of computer and internet
  • Be able to draw and understand Graphs
  • General Mathematical functions and equations
Description

LEARN TO DECIDE- LEARN MICROECONOMICS

  1. Have we ever thought that whatever we have been using, consuming and seeing around is one way or the other related to Economics ?
  2. How are prices determined in a market ? Infact how does the market works ?
  3. How do we decide what must we purchase and what not ?
  4. How does producers and consumers interact to determine the price and quantity in a market ?
  5. How and why does the Govt interferes and uses certain policies ?

Even if you are unaware of what the whole subject is about , you will still learn how Microeconomics effects our "CHOICES AND DECISION MAKING".

Since Economics has been influencing our lives in every way. This course of microeconomics provides complete details about the economic system in general and individual economic entities in particular so as to have the ability of better decision making.

It enable you to think about the logical facts associated with the economic system. Why do we want a state of equilibrium in a market ? Why do prices change and what are the factors that change them ? What are we concerned with the responses being made after a price change ? And what decisions shall we have to apply for , in such circumstances, yes! This is were we need to learn what Microeconomics is about !!!!

The instructors assures that even a student who has not ever taken a course of economics is able to understand the course very easily. And for all the students enrolled in the course of Business, management or Economics can go through it in no time.

The course includes an indepth analysis of one of the very most important topics that are :

  1. Supply
  2. Demand
  3. Market Mechanism and equilibrium
  4. Changes and adjustment in equilibrium
  5. Elasticity and responsiveness to price change.
  6. Short-run vs long-run elasticities
  7. Consumer choice and much more to come .....

Additionally, the course design includes 4 Quizzes with each topic as well as solved problems. Other Problem sets can also be shared with the students upon request. Furthermore, the course also comprises of explanation of graphical and mathematical analysis with the use of pen tablet.

The format of the course is as follows:

  1. Defining/explaning the concept
  2. Graphical analysis of the concept
  3. Mathematical Analysis
  4. Relating the concept with real world example
  5. Solved Problem with reference to microeconomics various books suggested by the instructor
  6. Quiz at the end of each chapter.

Upcoming bonus videos will include topics of

  1. Cost,
  2. Production,
  3. Competitive and
  4. non-competitive markets
  5. Game Theory and much more....

No other experience or knowledge is required for this course.




Who is the target audience?
  • Any student either from school , college or university who is enrolled in the course of Microeconomics
  • No advance mathematical calculations
  • Only general mathematical functions and estimations used
Students Who Viewed This Course Also Viewed
Curriculum For This Course
Expand All 9 Lectures Collapse All 9 Lectures 39:37
+
Introduction
3 Lectures 10:42

The methodology of teaching the whole course.

Preview 00:48



Economics and Microeconomics
5 questions
+
Supply and Demand
3 Lectures 16:36
Supply
05:33

Demand
06:20

The Quiz includes MCQ's only.

Supply and Demand
5 questions

Market Equilibrium
04:43

Market Equilibrium
3 questions
+
Elasticity
3 Lectures 12:19
Price elasticity of Demand
06:10

Elasticity and linear Demand Curve
03:12

Coming soon....

Other Demand Elasticities
02:57

The Quiz includes MCQ's only.

Elasticity
5 questions
About the Instructor
Marjan Arbab
4.4 Average rating
78 Reviews
1,741 Students
2 Courses
Academician, Freelancer, Blogger

Specialized in the field of Business and Economics, Marjan Khan is an academician , freelancer and Blogger.

Apart from her graduate Studies in Economics and Business, her freelancing career started when she believed in the idea that a women can both learn and earn at home. From 2010-2011 she was considered one of the most highly paid , committed and consistent freelancer of her Province. She write, reads, creates online tutorials videos and is equipped with using wordpress divi ! . Additionally, Marjan has written various academic and non-academic articles in various magazines, journals and newsletters. She still writes her own personal blog about how her freelancing career changed the way she thought about her life.

As creativity has no ends, her passion for blogging and freelancing remained the same even when she was hired as an academician for teaching various subjects of Economics and Business. The extensive learning she had from 3 years of teaching enabled her to perform the same way in the virtual world. and this led her to Udemy . And she began teaching in her own expertise that is Micro and Macroeconomics. Her upcoming videos will include Economic Development as well as History of Economics.