Introduction

What is a Market and forms it ?

Competitive vs. monopoly market

Perfect Competition

What is demand ?

Demand Schedule and Curve

Market demand vs. Individual demand

Shifts in the Demand Curve

First factor | Income

Second factor | Price of Related goods

Third factor | Tastes

Fourth and Fifth Factor | Expectations and Numbers of Buyers

Movement vs. shift

Supply

Market supply vs. individual supply

Shifts in the supply curve

Key Variables that shift supply

Supply and demand together | (Equilibrium)

Case #1 (surplus)|حالات عدم التوازن

Case #2 (shortage)|حالات عدم التوازن

Changes in equilibrium | (shifts in demand)

Changes in equilibrium | (shifts in supply)

Changes in equilibrium |(shifts in demand and supply together)

How prices allocate resources