All that you need to know about Economics
Econtutorials is a hub of articles, notes, lectures, manuals and online courses of Economics that will guide you from its very basic terms to advance methods of solving quantitative problems.
Domains of Economics
Foundation of Economics
Learn the foundation of the subject of Economics
Microeconomics
Understand the functions of the individual entities of an economy
Macreconomics
Understanding the economy as a whole
Statistics
Learn the exact topics of statistics required for economic understanding
Econometrics
The amalgamation of Economics, statistics and mathematics
Online Courses
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Supply and Demand: Market Mechanism/Equilibrium
Market Mechanism The Market Mechanism is the tendency in a free market for price to change until the Market Clears. Markets clear when Quantity Demanded equals Quantity Supplied at the prevailing price. Market clearing price. Price at which markets clears (Qs and Qd...
Supply and Demand: The Supply Curve
There are few things we need to consider before discussing the supply curve. Supply and demand analysis can: Help us understand and predict how real world economic conditions affect market price and production Analyze the impact of government price controls, minimum...
Consumer Choice: Optimum Consumption Decision
So after studying all of the previous topics which had given preferences and budget constraints, how do consumers choose what to buy? Consumers choose a combination of goods that will maximize their satisfaction, given the budget available to them. The maximizing...