Understanding Theory of Demand - Demand Curve
Demand Curve, Law of Demand and Demand Function
What you will learn
Demand Theory is a theory relating to the relationship between consumer demand for goods and services and their prices. Demand theory forms the basis for the demand curve, which relates consumer desire to the number of goods available. The course consists of all the basic definitions, concepts, schedules and graphical diagrams about demand and demand theory.
Why take this course?
🚀 Course Title: Understanding Theory of Demand - Demand Curve 📈
Headline: Master the Demand Curve, Law of Demand, and Demand Function!
📚 Course Description:
Dive into the fascinating world of economics with our comprehensive online course, "Understanding Theory of Demand - Demand Curve." This course is your gateway to grasping the intricate relationships between consumer preferences, prices, and the quantity of goods and services demanded. Taught by the expert economist and educator, Sanchit Gupta, this course is designed for learners at all levels who have an interest in economics or are preparing for competitive exams like CAT, GMAT, GRE, and UPSC.
What You'll Learn:
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The Basics of Demand Theory: Get to know the fundamental principles that govern consumer demand. 🧠
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Demand Schedule: Explore the different types and understand how they are constructed. 📊
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The Demand Curve: Learn how to plot and interpret a demand curve effectively. 🖥️
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Law of Demand: Discover why, all things being equal, the quantity demanded falls when the price rises. ⬆️🔽
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Assumptions and Exceptions of the Law of Demand: Delve into the factors that can influence demand despite changes in prices. 🎩
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Demand Function: Analyze how individual and market demand can be quantitatively represented. 🔢
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Income Effects on Demand: Understand how changes in household income can impact consumer demand. 💰
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Market Demand Determinants: Examine the factors that drive demand at a market level. 📈
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Exceptions to the Law of Demand: Learn about goods and services where this law may not hold true. 🤔
Course Features:
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Self-Paced Learning: Engage with the course material at your own pace, fitting it seamlessly into your schedule. 🕒
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Real-World Examples: Apply theoretical concepts to real-world scenarios for a deeper understanding. 🌍
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Interactive Content: Utilize quizzes and interactive activities to reinforce your learning experience. 🎲
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Expert Instruction: Benefit from Sanchit Gupta's three years of experience in teaching complex subjects made simple. 👨🏫
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Lifetime Access: Revisit the course content anytime you need a refresher or to deepen your knowledge. ↺️
About Your Instructor:
Sanchit Gupta is not just an educator but a seasoned Software Engineer based in Bangalore, India. With over three years of verified teaching experience on Unacademy, India's largest learning platform, Sanchit has a proven track record of making complex economic concepts accessible and engaging to learners from all walks of life. His expertise spans across various competitive exam preparations as well as broader topics in economics, programming, personal development, and more. 🎓
Enroll today in "Understanding Theory of Demand - Demand Curve" and embark on a journey to master one of the most fundamental principles in economics. Whether you're a student, a professional, or an enthusiast, this course will equip you with the knowledge to understand consumer behavior and market dynamics like never before! 🎓🚀