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Understanding The Concept Of Elasticity Of Demand (for UPSC CSE)

Lesson 11 of 13 • 1217 upvotes • 10:11mins

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Ayussh Sanghi

This lesson will clear all your doubts with respect to elasticity of Demand. Ayussh explains the meaning of Elasticity of Demand along with the Formula. Thereby light is thrown on the significance of Elasticity of Demand. Also, various factors like availability of substitutes, necessities goods, luxury goods and many more are discussed which determine the price elasticity of Demand.

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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)

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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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