This is Power Point Lecture on Economic Systems by Nabeel Majeed. This is Introductory Lecture explaining the concepts of Demand and Supply through the use of diagrams. Basically its a very detailed lecture focusing on Demand and Supply and the reasons behind the upward sloping Supply curve and downward sloping Demand Curve.
The lecture goes on to cover concepts like Excess Demand, Excess Supply, Equilibrium, Movements along the Demand and Supply curve, Shifts in Demand and Supply, Impact of these shifts on Equilibrium Price and Quantity and Factors behind these shifts.
At the end of the lecture there is case study question and one general Exercise question.
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