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Understand The Concept Of The Point Of Equilibrium (for UPSC CSE)
Lesson 10 of 13 • 1368 upvotes • 9:49mins
Ayussh Sanghi
This lesson introduces the Point of Equilibrium with the help of graph. Ayussh also throws light on the concept of Equilibrium price and thereby discusses various scenarios with respect to what happens in the case of excess supply and shortage of supply. Both these cases are explained with the help of diagrams for a better apprehension of the concepts.
Economy of UPSC CSE (IAS): Indian Economy
13 lessons • 2h 9m
1
Definition Of Economics (for UPSC CSE)
9:22mins
2
Economics As A Discipline (for UPSC CSE)
9:18mins
3
Understanding Of Economic Policy Of Government (for UPSC CSE)
9:32mins
4
An Insight Into Demand As A Market Force (for UPSC CSE)
9:39mins
5
Understanding The Concept Of Demand (for UPSC CSE)
10:30mins
6
Understanding The Concept Of Demand Part 2 (for UPSC CSE)
10:31mins
7
Understanding The Concept Of Supply (for UPSC CSE)
9:53mins
8
Variables Affecting The Supply Curve (for UPSC CSE)
9:29mins
9
Exceptions To The Law Of Supply (for UPSC CSE)
10:30mins
10
Understand The Concept Of The Point Of Equilibrium (for UPSC CSE)
9:49mins
11
Understanding The Concept Of Elasticity Of Demand (for UPSC CSE)
10:11mins
12
Elasticity Of Supply
10:14mins
13
Types Of Markets (for UPSC CSE)
10:31mins
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