Topic 2

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Law of Demand Demand Curve

Demand and Quantity Movement Along the


Demanded Demand Curve

Demand Change

Demand
Price of Related Goods

Income
Demand Determinants
Preferences
Individual DEmand
and Market Demand
Price and Income
Change Forecast
Law of Supply
DEMAND, SUPPLY AND MARKET

Prive of Other Goods


Supply and Quantity
Supplied
Change in Production
EQUILIBRIUM

Supply
Cost
Supply Determinants
Price Forecast
Individual Supply and
Market Supply
No of producers
Equilibrium, Surplus
and Shortage

Rationing Function of
Market Equilibrium Demand Change
Prices

Changes in Market
Supply Change
Equilibrium

Change in Demand &


Demand Equation
Supply

Market in the Form of


Supply Function
Equation

Market Equilibrium

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