Introduction to Economics | Market Equilibrium | Chapter 2 Part 4
Автор: Elias Academy
Загружено: 2025-12-29
Просмотров: 471
Описание:
Topic: Market Equilibrium | Price Determination by Demand and Supply
🔵 What happens when demand meets supply?
This video clearly explains Market Equilibrium, where the forces of demand and supply interact to determine equilibrium price and equilibrium quantity.
✨ In this lecture, you will learn:
🔹 📊 Meaning of Market Equilibrium
🔹 ⚖️ How Demand = Supply determines price
🔹 📉 Excess Demand (Shortage) and price rise
🔹 📈 Excess Supply (Surplus) and price fall
🔹 🔁 Adjustment process toward equilibrium
🔹 🧠 Graphical explanation using Demand & Supply curves
🔹 🌍 Real-life and Ethiopian market examples
🔹 🎓 Exam-focused explanation for University Economics
📚 This lesson is designed for:
✔️ Economics students
✔️ First-year university learners
✔️ Exam preparation (Microeconomics)
✔️ Self-learners and competitive exam candidates
📝 Key takeaway:
Market equilibrium is a stable situation where there is no tendency for price to change, because quantity demanded equals quantity supplied.
🎥 Watch till the end for a simple summary and exam tips!
👍 Like | 💬 Comment | 🔔 Subscribe
for more Economics Made Simple content.
Повторяем попытку...
Доступные форматы для скачивания:
Скачать видео
-
Информация по загрузке:
