Economics: Fundamentals of Demand and Supply Analysis

Establish a strong foundation in the basics of Demand & Supply Analysis

What you’ll learn
Introduction to Economics.
Types of Markets: Goods Markets & Factor Markets.
Demand & Supply Principles & Concepts.
Introduction To Elasticity

Requirements
The willingness and desire to Learn.
Be able to read and understand the English language.

Description
This course will help students understand

Difference between Microeconomics & Macroeconomics.

Types of markets in an economy: Factor Markets & Goods Markets.

Demand & Supply: Basic Principles & Concepts.

The Demand Function and Demand Curve.

Changes in Demand vs. Movements along the Demand Curve.

The Supply Function and the Supply Curve.

Changes in Supply vs. Movements along the Supply Curve.

Consumer Surplus: Value minus Expenditure.

Producer Surplus: Revenue minus Variable Cost.

Elasticity.

Who this course is for
Beginner Economics and CFA Level 1 students/candidates who wish to understand how to analyse Demand and Supply.