Demand and Supply

Overview

Google, IBM & Meta Certificates – 40% Off

One plan covers every Professional Certificate on Coursera.

In this course, you will gain the ability to analyze market behavior by mastering the core principles of supply and demand. You will learn what causes shifts in demand and supply, from consumer preferences to technological advancements, and determine how these changes affect market equilibrium price and quantity. By understanding these fundamental market dynamics, including more nuanced situations like price rigidities, you will be equipped to interpret real-world economic trends and their impact on industries.

Syllabus

Demand and Supply

This course explores the fundamentals of changes in demand and supply, which is crucial to understanding market dynamics. You'll learn how factors like consumer preferences or technological advancements can shift these curves, affecting prices and quantities in the market. Additionally, we'll touch on price rigidities—real-world situations where prices don't adjust immediately—to offer a more nuanced view of market behavior. With this knowledge, you can analyze economic trends and their impacts.