Demand and Supply Explained- Macro Topic 1.4 (Micro Topic 2.1)

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Jacob Clifford
Published at : 30 Oct 2021
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Thanks for watching. In this video I explain the law of demand, the substitution effect, the income effect, the law of diminishing marginal utility, and the shifters of demand. Make sure that you understand the difference between a change in quantity demanded and a change in demand. This is the first video in the unit Playlist. Make sure that you watch the the next two videos about supply and equilibrium so you can put it all together. I hope that you like this video. Please like, leave a comment, and subscribe. Note never drink a whole gallon of milk

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Supply Video
https://www.youtube.com/watch?v=ewPNugIqCUM

Video Explaining Shifting the Curves
https://www.youtube.com/watch?v=V0tIOqU7m-c

Learn it by watching Indiana Jones
https://www.youtube.com/watch?v=RP0j3Lnlazs

supplydemandeconomics

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