Market Analysis-II (Market Equilibrium vs Disequilibrium, Effects of Changes in Demand and Supply)
During this lesson we will discuss the issue in how supply and demand determine prices in a market economy and how prices, in turn, allocate the economy’s scarce resources. Further, the situations of Shortage and Surplus will be discussed. The issues associated with the effect of changes in demand and supply and their effect on market i.e. market price and quantity will be discussed
Course Material
- Introduction, Overview of Economics, Principles of Economics
- Market Analysis-I (Theory of Demand and Supply)
- Market Analysis-II (Market Equilibrium vs Disequilibrium, Effects of Changes in Demand and Supply)
- Elasticity of Demand and related issues
- Theory of Consumer Behavior
- Theory of Costs
- Theory of Production
- Market Structures-I
- Market Structures-II
- Role of Government in Market Economy
- Introduction to Macro Economics
- National Income Accounting
- Economic Growth and Business Cycles
- Fiscal and Monetary Policies
- Unemployment and Inflation
- International Trade and Exchange Rates
- Chapters 16
- Department Noon Business School
- Teacher
Fiaz Ahmed
