In this course, you will learn
- 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.