Basics of Markets: Demand Meets Supply

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This lecture covers the basics of market equilibrium, explaining how supply and demand interact to determine prices and quantities in a market. It discusses the effects of changes in demand and supply on market outcomes, the concept of social welfare in markets, and the importance of the market model in understanding economic phenomena.

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Ontological neighbourhood

Economics

Macroeconomics: Markets

Related lectures (32)

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In course

DEMO: exercitation magna

Ontological neighbourhood

Economics

Macroeconomics: Markets

Related lectures (32)

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