Economics: Market Forces of Demand, Supply and Equilibrium
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Economics: Market Forces of Demand, Supply and Equilibrium at UDEMY Overview
Duration | 2 hours |
Total fee | ₹1,699 |
Mode of learning | Online |
Credential | Certificate |
Economics: Market Forces of Demand, Supply and Equilibrium at UDEMY Highlights
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Economics: Market Forces of Demand, Supply and Equilibrium at UDEMY Course details
- For IB, A Level and AP students
- For University students
- For Fresh graduates and professionals from any background whether an entreprenur, a lawyer, a banker, an engineer or even an astranout.
- This course is designed for people who are not coming from economics background, or just started studying Economics or taking this course as a refresher.
- You will have a strong foundation on Demand
- You will have a strong foundation on Supply
- You will have a strong foundation on how Equilibrium works in different situations
- You will be able to analyze any changes in any market forces in any specific market
- You will learn about real life case studies from various industries operating in different parts of the world
- You will be equipped with practical business skills through implementing the framework of market changes analysis
- In this digital age, things change overnight in the markets and it is far more important to be able to take fast action than ever before
- This course is carefully designed and structured in the most simplest way to give you the understanding of how buyers and sellers behave by explaining markets, competition, market forces of demand, supply and equilibrium which are the essential, the most important Economics concepts
- It shows how prices are determined by buyers and sellers in a market economy and how prices change to adjust the allocation of scarce resources in the most efficient way
- Market Forces of Demand, Supply and Equilibrium course is enriched by real life case studies from different industries operating in different parts of the world with illustrated graphs and practical tips showing how we analyze market forces step by step
Economics: Market Forces of Demand, Supply and Equilibrium at UDEMY Curriculum
Introduction
Welcome to the market forces course
Downloadable Resources
Demand
Individual Demand & Market Demand
Movement along the curve
Introduction to Case Study 1: "Michelle Obama Tackles Junk Food Ads in Schools"
Read the article for Case Study 1: "Banning Junk Food Marketing in Schools"
CASE STUDY 1 : "How to reduce obesity in the society?"
Read the article: "Chinese Travel Picks Up Again in 2023"
CASE STUDY 2: "Will Chinese Travel Lift Tourism in 2023?"
Questions for Review
Supply
Quantity Supplied and Law of Supply
Supply Schedule and Supply Curve
Individual Supply and Market Supply
Movement along the curve
Shift in a Supply curve and factors of a shift
Read the article: Shanghai shopping malls poised for surge of new tenants, 2023
CASE STUDY 1: "Shopping malls in Shanghai"
Read the article: "Flying to China in Economy Class Will Cost You $5,000"
CASE STUDY 2: " How did the pandemic affect flight tickets to China? "
Questions for Review
Equilibrium
Equilibrium Price and Equilibrium Quantity
Surplus & Shortage
Price Gouging
Read the article: "Huge Popularity of Bike-Sharing in China"
CASE STUDY 1: " Bike sharing in China"
Read the article: " Why is orange juice price hitting records?"
CASE STUDY 2: "Orange juice market in Turkey"
Read the article: "Price Gouging is Already an Issue in Florida"
CASE STUDY 3: "Gasoline market after Huricane Harvey"
Questions for Review
Case Studies
Download the Practice Deck - Case Study Questions
Read the article: "Can bike-sharing in China turn a profit?"
CHINA MARKET: Case Study 1 " Bike-sharing Market in China"
The Answers of the Case Study #1
Read the article: "World's first bamboo crash barrier on Indian highway "
INDIA MARKET: Case Study 2" Indian Bamboo Crash Barriers"
The Answers of the Case Study #2
Read the article: " $18 a dozen: how did America’s eggs get expensive?"
US MARKET: Case Study 3 " The egg market in the US"
The Answer of the Case Study #3
Read the Article: "Why more countries banning foreigners from buying houses?"
CANADA MARKET: Case Study 4 " How will the ban affect the housing market?"
The Answer of the Case Study #4
Read the article: "Regenerative agriculture helps Puerto Rico’s coffee industry"
PUERTO RICO MARKET: Case Study 5
The Answer of the Case Study #5
The answers of the case studies
Economics: Market Forces of Demand, Supply and Equilibrium at UDEMY Faculty details
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