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
25% off
Take This Course
  • Lectures 9
  • Length 40 mins
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
Wishlisted Wishlist

How taking a course works


Find online courses made by experts from around the world.


Take your courses with you and learn anywhere, anytime.


Learn and practice real-world skills and achieve your goals.

About This Course

Published 3/2015 English

Course Description


  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.

What are the requirements?

  • General Use of computer and internet
  • Be able to draw and understand Graphs
  • General Mathematical functions and equations

What am I going to get from this course?

  • 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

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

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.


Section 1: Introduction

The methodology of teaching the whole course.

Economics by definition
Economics and Microeconomics
5 questions
Section 2: Supply and Demand
5 questions

The Quiz includes MCQ's only.

Market Equilibrium
Market Equilibrium
3 questions
Section 3: Elasticity
Price elasticity of Demand
Elasticity and linear Demand Curve

Coming soon....

5 questions

The Quiz includes MCQ's only.

Students Who Viewed This Course Also Viewed

  • Loading
  • Loading
  • Loading

Instructor Biography

Marjan Arbab, 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.

Ready to start learning?
Take This Course