Economics - Change in Demand and Shift in Demand Curve

🎓 Course Headline: Understanding Theory of Demand - Change in Demand and Shift in Demand Curve

Course Description:

Dive into the world of economics with our comprehensive course, "Economics - Change in Demand and Shift in Demand Curve," where you'll master the pivotal concepts that govern consumer behavior and market dynamics. 🧐

What You'll Learn:

• Change in Quantity Demanded: Explore how prices influence the quantity of goods consumers demand, and understand the factors that lead to an extension or contraction in demand. 📈

• Change in Demand or Shift in Demand Curve: Discover how external factors can shift the entire demand curve for a commodity, altering the relationship between price and quantity demanded. 🌍

• Causes of Increase and Decrease in Demand: Identify what sparks an increase or decrease in demand for various goods and services, and analyze the economic implications. 📉📈

• Differences between Change in Quantity Demanded and Change in Demand: Learn to distinguish between the two, recognizing key differences that affect market outcomes. 🖊️

• Difference between Complementary Goods and Substitute Goods: Understand the distinctions between goods that complement each other and those that can be used as substitutes. 🤝

• Differences between Normal Goods and Inferior Goods: Discuss the characteristics that set normal goods apart from inferior goods, and their respective roles in consumer decision-making. 🛍️

• Expansion in Demand vs Increase in Demand: Grasp the nuances between an expansion in demand and an increase in demand, understanding their impacts and causes. 🆚

• Contraction in Demand vs Decrease in Demand: Learn to differentiate between a contraction in demand and a decrease in demand, and how these concepts affect market analysis. 📌

• Linear Demand Curve Equation: Delve into the linear equation of demand, understanding its formulation and application in real-world scenarios. 🧮

Course Features:

• Self-Paced Learning: Engage with the course at your own pace, ensuring you have ample time to comprehend each concept thoroughly. 🕒

• For All Levels: Whether you're new to economics or looking to deepen your understanding, this course is designed for students at all levels of expertise in both economics and the English language. 🤝

Your Instructor:

This course is crafted by Sanchit Gupta, a seasoned Software Engineer based in Bangalore, India, with over 3 years of experience as a verified educator on Unacademy—India's Largest Learning Platform. 🏆

Sanchit has been instrumental in teaching a wide array of topics, including Competitive Exams (CAT, GMAT, GRE), Economics, UPSC Preparation, Programming, Personal Development, and much more. His expertise and passion for teaching will guide you through this course with clarity and precision. 📘

Enroll now to embark on a journey of understanding the fundamental concepts of economics, particularly the Theory of Demand. With Sanchit Gupta's guidance, you'll be well-equipped to analyze market trends and consumer behavior like a pro! 🚀