Lesson 13 of 13 • 1300 upvotes • 10:31mins
This lesson begins with the explanation of what competition actually is & the various types of competition which are a perfectly competitive market, monopoly and imperfect market. The lesson then moves on to give a comprehensive explanation of each of these types of markets and their unique features, their volatility to external changes and relevant examples of each.
13 lessons • 2h 9m
Definition Of Economics (for UPSC CSE)
9:22mins
Economics As A Discipline (for UPSC CSE)
9:18mins
Understanding Of Economic Policy Of Government (for UPSC CSE)
9:32mins
An Insight Into Demand As A Market Force (for UPSC CSE)
9:39mins
Understanding The Concept Of Demand (for UPSC CSE)
10:30mins
Understanding The Concept Of Demand Part 2 (for UPSC CSE)
10:31mins
Understanding The Concept Of Supply (for UPSC CSE)
9:53mins
Variables Affecting The Supply Curve (for UPSC CSE)
9:29mins
Exceptions To The Law Of Supply (for UPSC CSE)
10:30mins
Understand The Concept Of The Point Of Equilibrium (for UPSC CSE)
9:49mins
Understanding The Concept Of Elasticity Of Demand (for UPSC CSE)
10:11mins
Elasticity Of Supply
10:14mins
Types Of Markets (for UPSC CSE)
10:31mins