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In this session, the chapter " The role of markets in allocating resources" has been explained. The chapter consists of
- Definition of the market system
- Market equilibrium
- Market disequilibrium
- Key decisions about resource allocation
- Introduction of the price mechanism.
The notes have been uploaded in the exercise section.
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Session 6: The role of market in allocating resources
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The role of market in allocating resources
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Expanation 15 mins
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Expanation
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Expanation 15 mins
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The role of market in allocating resources
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Excercise Files
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