Demand and Supply - Online Tutoring Course
Description
Unlock the fundamental concepts that drive market economies with our comprehensive Demand and Supply course. Designed for students, professionals, and anyone interested in understanding how markets operate, this course covers the essential principles of demand and supply that determine prices, production, and consumption in an economy. You’ll explore key topics such as market equilibrium, price elasticity, shifts in demand and supply curves, and the impact of government interventions on markets. Learn how to analyze real-world economic scenarios using these concepts and gain insights into the forces that influence everyday economic decisions. Whether you’re new to economics or looking to deepen your knowledge, this course provides the foundation needed to master the dynamics of demand and supply.
Course Detail
Duration
1 months
Weekly sessions
3
Type
Individual
Available Languages
English
Syllabus
What you will learn
- Understand the fundamental concepts of demand and supply and their role in market economies.
- Learn how to interpret demand and supply curves and analyze shifts in these curves.
- Explore the concept of market equilibrium and how prices are determined in competitive markets.
- Gain insights into price elasticity of demand and supply, and how responsiveness affects market outcomes.
- Understand the factors that cause shifts in demand and supply, such as consumer preferences, income changes, and production costs.
- Learn how government policies, such as taxes and subsidies, impact demand, supply, and market equilibrium.
- Explore real-world applications of demand and supply analysis in various markets and industries.
- Develop skills in economic analysis to make informed decisions based on market conditions.
- Study case examples that illustrate the impact of demand and supply dynamics on business and policy decisions.