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Summary ECON101- Demand and Supply
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CONTENT Market and Prices Demand Supply Market Equilibrium
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ECONOMICS 101Demand and Supply
,Tutor Profile
Ntuthuko Hlela
- Economic Tutor at the University of KwaZulu Natal [UKZN].
- Member of the Golden Key Society for 2 consecutive years.
- Top Economics student at the University of KwaZulu Natal for 3
consecutive years.
,Content
1) Market and Prices
2) Demand
3) Supply
4) Market Equilibrium
5) What is next?
, Introduction
Demand and Supply are the core of Economics. In other words, you
not be able to understand Economics─ in fact, anything in life─ witho
grasping these concepts. Demand and supply determine price, a too
that is fundamental for Economic coordination.
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