Lesson 2 of 10 • 1 upvotes • 13:08mins

We study the concepts of equilibrium and disequilibrium, excess demand and excess supply.
10 lessons • 1h 53m
Market Mechanism : Chapter Overview
4:57mins
Equilibrium and Equilibrium Price
13:08mins
Effects of Shifts in Demand on the Equilibrium Price
10:51mins
Effects of Shifts in Supply on the Equilibrium Price
12:24mins
Effects of Simultaneous Shifts in Demand and Supply on the Equilibrium Price
10:19mins
Special Cases of Equilibrium
11:41mins
Time Element in the determination of price
11:52mins
Price Ceiling and Rationing
12:39mins
Floor Price
10:38mins
Chapter Revision
14:40mins