What is Supply and Demand
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded will equal the quantity supplied, resulting in an economic equilibrium for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern economics.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Supply and demand
Chapter 2: Microeconomics
Chapter 3: Macroeconomics
Chapter 4: Perfect competition
Chapter 5: General equilibrium theory
Chapter 6: Economic surplus
Chapter 7: IS-LM model
Chapter 8: Supply-side economics
Chapter 9: Elasticity (economics)
Chapter 10: Economic equilibrium
Chapter 11: Aggregate demand
Chapter 12: Effective demand
Chapter 13: Demand curve
Chapter 14: Tax incidence
Chapter 15: Long run and short run
Chapter 16: Demand
Chapter 17: Supply (economics)
Chapter 18: Neoclassical synthesis
Chapter 19: AD-AS model
Chapter 20: History of macroeconomic thought
Chapter 21: Sustainable development
(II) Answering the public top questions about supply and demand.
(III) Real world examples for the usage of supply and demand in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Supply and Demand.
