
Unit 2 | Supply and Demand
This module introduces the law of demand, exploring the inverse relationship between price and quantity demanded and the factors that influence consumer behavior.
This module introduces the law od supply, explaining how producers respond to price changes and what drives shifts in supply curves.
This module introduces the four fundamental economic systems — traditional, command, market, and mixed — and examines how each system answers the basic economic questions of what to produce, how to produce, and for whom to produce.
This module introduces the introduces the interaction of supply and demand, focusing on how markets reach equilibrium and respond to changes in prices, quantity, and external factors.