Скачать или смотреть Equilibrium of the Economy and Total Surplus_Effect of Tax, Subsidy and Quotas on Economy (Part 1)

Equilibrium of the Economy and Total Surplus_Effect of Tax, Subsidy and Quotas on Economy (Part 1) by Muhammad Mobeen Ajmal

In this engaging video, we'll delve into the world of supply and demand and break down complex economic concepts into easily understandable visuals and explanations. Learn about the fundamental principles and key components of supply and demand, and how they are graphically represented.
Series of Lectures
1)Making the Equilibrium Diagram    • Exploring Supply and Demand: Linear Curves...  
2) Part 2: Tax and Dead Weight Loss

Here's what you'll learn in this video:

Supply and Demand Curves: We'll start by simplifying the core concepts of supply and demand with clear and intuitive explanations. See how these fundamental principles manifest graphically.

Equilibrium Quantity: Discover the significance of the equilibrium quantity, where supply and demand intersect. Understand why this balance is crucial for determining the market price and quantity.

Consumer Surplus: Learn how to calculate and identify the consumer surplus on the graph. Explore why it's important and what it reveals about the benefits consumers receive in a market.

Supplier Surplus: Dive into supplier surplus and see how it's calculated. Understand how it represents the benefits to producers in the market.

Total Surplus: Explore the concept of total surplus, which is the sum of consumer and supplier surpluses. Understand why total surplus is a key indicator of market efficiency.

📈 Why it's important:
Understanding supply and demand is essential for students, economists, investors, and anyone interested in market dynamics. This video simplifies complex economic theories with real-world examples and clear explanations. By the end of this video, you'll have a solid grasp of these essential concepts and their practical implications. This knowledge will empower you to analyze market trends, make informed decisions, and gain insights into the efficiency of various markets.

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