Introduction to Microeconomics: Understanding Market Economy January 17, 2015
Posted by OromianEconomist in Economics, Uncategorized.Tags: Applied economics, economics, Microeconomics, Supply and Demand
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“Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy.”
Economics Basics: Supply and Demand
Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy.
Market is made up of people, consumers and entrepreneurs, attempting to buy and sell on the best term possible. Through the grouping process of give and take, they move from relative ignorance about others’ wants and needs to a reasonably accurate understanding of how much can be bought and sold at what price. The market function as an ongoing information and exchange system.
A free market is…
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Introduction to Economics January 17, 2015
Posted by OromianEconomist in Economics.Tags: Applied economics, Comparative Advantage, Economic policy, economics, Macroeconomics, Microeconomics
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http://https://www.youtube.com/watch?v=8JYP_wU1JTU
http://https://www.youtube.com/watch?v=_7VHfuWV-Qg&list=PLAEA5E9ACA1508F92
http://https://www.youtube.com/watch?v=_PKH2wtDT3E
http://https://www.youtube.com/watch?v=Pd_qs8ueIWw
http://https://www.youtube.com/watch?v=EBsUpzl-sos
Oromian Economist 
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