Back to Course

SS1: ECONOMICS - 1ST TERM

0% Complete
0/0 Steps
  1. Introduction to Economics | Week 1
    3 Topics
    |
    1 Quiz
  2. Basic Concept of Economics | Week 2
    4 Topics
    |
    1 Quiz
  3. Basic Tools for Economic Analysis | Week 3
    8 Topics
    |
    1 Quiz
  4. Measure of Central Tendency | Week 4
    4 Topics
    |
    1 Quiz
  5. Theory of Demand & Supply I | Week 5
    5 Topics
    |
    1 Quiz
  6. Theory of Demand & Supply II | Week 6
    7 Topics
    |
    1 Quiz
  7. Theory of Production I | Week 7
    7 Topics
    |
    1 Quiz
  8. Theory of Production II | Week 8
    4 Topics
    |
    1 Quiz
  9. Basic Economic Problems of the Society | Week 9
    1 Topic
    |
    1 Quiz
  10. Economic System | Week 10
    4 Topics
    |
    1 Quiz
  • excellence
  • Follow

Lesson Progress
0% Complete

Topic Content:

  • Definition of Demand

What is Demand in Economics:

In Economics, demand is defined as the quantity of goods that consumers are willing and able to purchase, at a given price, at a particular time and place.

We have effective demand and ordinary demand. Effective demand is the demand that is backed up by the ability and willingness to ...

 

You are viewing an excerpt of this Topic. Subscribe Now to get Full Access to ALL this Subject's Topics and Quizzes for this Term!

Click on the button "Subscribe Now" below for Full Access!

Subscribe Now

Note: If you have Already Subscribed and you are seeing this message, it means you are logged out. Please Log In using the Login Form Below to Carry on Studying!

Subscribe
Notify of
guest
0 Comments
Oldest
Newest
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x