This podcast series discusses all topics of Economics that is usually covered in Economics IGCSE, in other words, first two years of high school, or secondary school level (grades 9 and 10). I try to explain the concepts in an intuitive way, so people are able to understand them easily.
Same for this like the last one - for visuals, please watch in YouTube
This time we learn about PED, its types, the factors that affect it and its relationship with total revenue.
This was initially uploaded in video format in my YouTube channel, so my suggestion would be to watch this in YouTube for the visuals.
YouTube description:
Understanding what happens when demand and supply curves intersect, and how exactly the market is controlled by the forces of supply and demand.
(Not gonna lie, Blender may be cool, but it sure does eat up a lot of your time while rendering)
Link to Desmos: https://www.desmos.com/
Understanding what effective demand is and what a demand curve means.
The Drive link that I mentioned:
https://drive.google.com/drive/u/2/folders/1esDEgceQ8JOhBbZTcmAn3g3491wRTnWR
Understanding some of the assumptions economists make in order to help make economic models
Really sorry that my audio quality goes bad in between, do bear through that (and my mumbling voice)
The Drive link that I mentioned:
https://drive.google.com/drive/u/2/folders/1esDEgceQ8JOhBbZTcmAn3g3491wRTnWR