Chapter 2.3 - Expansion & Contraction of Demand, Increase & Decrease in Demand ll Business Economic
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Movements along the Demand curve Vs. Shift of Demand curve , Types of Demand.
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Mam mere pass economics nhi thi mujhe kuch samajh nhi aata iss subject m but aapki video se sab samajh aa jata h abb ma'am aapka teaching style bhut acha h thank you soo much ma'am ❤️❤️❤️🙏🙏🙏
I am till following your video's. From 1st chapter of B. Economics & now in 2nd chapter.. I am a CAFND student.....Thank you mam for providing this conceptual knowledge of business economics..
Your welcome 🙏
Don't miss the last part ,it has MCQs
Mam the previous session you had stopped at income effect. And the next video is expansion and contraction. Where can i get the rest of rationale demand and exception of law of demand
mam u r so awesome ur teaching way and the way u explain all the terms is so easy
Substitute good-when there is a change is prince of one Commodity and people replace that Commodity for other comodity is called substitute goods
Excellent mam
Amazinggg... Totally understood... Thank you soo much ma'am ❤️
Thanks mam ❤️ for providing this video my all doubts clear 🙏🙏
Thank you
Keep studying
Ma'am you have a great knowledge about Economic
Mam... shift in demand curve occurs only when the others factors changes and price remains constant.... but in MCQ no:-4 , the price of the commodity is changed and how can it be shift in demand curve..? 🤔
Please mam 🙏 Clear this doubt....
thanks mam for such a nice explanation.
Thank you so much
Best Teacher ❤
Mam I just love the way u teach keep going and updating the videos according to the new syllabus ❤️❤️🙌🙌
th-cam.com/play/PLxOpDRieFexnBq7zHmo_vhVNyG4KmgrRE.html
Substitute goods are those goods which have positive relationship of price of good and demand of its substitute good
Correct
Thank you very much 😊
Mam aapne law of demand ka concept nhi karvaya mujhe aapki videos bahut achi lagti h or meri phle economics nhi thi so please can you provide the concept of law of demand? Please help me🙏
I loved ur teaching thank you soooooo much thank u thank u thank u 💓
All the best 👍😊
@@UNICOMeducation mam I have a small doubt can follow all of your playlist video of economics one by one
Yes you can follow all videos
Thank you 💝
Amazing
ma'am, are your notes and conceptual clarity enough for scoring 45+ in business economics or should I go for something else too
1.Taste and preferences of the consumer
2.Other factors
3.Consumer expectations
4.Income of the consumer
5.Price of related goods
Thank you ma'am 😊
mam please give the video on law of demand and rationale of law of demand and its exceptions
Osum lecture ❤️👍
Ma'am.. What about exception of law of demand ?? Won't u make video in that topic ?
I will sooner make one
Nice lacture mam
Too much useful video 🤗🤗📹
Please post video of why demand curve slopes downward
Substitute good are those good which is consumed in place of each other.
Nice lecture mam
Thank you didi.
May I know when is your attempt due ?
Mam well done
Ty👌
verry nice
Thank you mam.
Ma'am I want handwritten notes of every chapter ! where to get ?
You can get a chapter's hand written notes from our telegram channel - "Unicom CA Foundation"👍
Ma'am, why did you take price of tea and quantity demanded of coffee in the shift of demand curve topic? shouldn't price and quantity demanded be of one good only?
Dekho jab maine Cross elasticity ko explain kia hai tab tea and coffee ka case lia hai because cross elasticity measures relationship between price and demand of 2 different related goods (substitute/ complementary) . I hope I'm clear @Shranjan Jain. If not then message me on Instagram @lifecoachshrishtyagarwal
Shranjan Jain tea and coffee are substitute goods a type of related goods if we measure cross demand or cross elasticity of demand that is how much the change in price of tea affects quantity demanded of coffee or vice versa, substitutes have positive cross elasticity of demand(as increase in price of tea increases the demand of coffee and vice versa) while complementary goods have negative cross elasticity of demand(increase in the price of butter decreases the demand for bread and vice versa) hence we compare price of one good with quantity demanded of other related good to depict cross demand and to measure cross elasticity of demand, now coming to your question why the instructor show the price of tea and quantity demanded of coffee in shift of demand curve topic as because shift is cause by change in any determinants/factors other than the price of the good concerned whose demand is to be analysed for example if we analyse the demand for coffee with price of coffee in y-axis and quantity demanded in x-axis then price of coffee remaining the same the demand curve of coffee shifts rightward if say for example price of its substitute good tea rises as because if the price of tea rises it has become relatively expensive in comparison to coffee whose price is unchanged hence people will shift their demand more towards coffee and hence there will be a rightward shift in demand curve similarly if price of tea falls people will shift their demand from relatively expensive coffee to its cheaper substitute tea and hence we will see a leftward shift in demand curve I hope you're clear now
SOURAV KUMAR RAY Thank you Sourav
@@souravkumarray8155 🥇👌👌👌
@@shranjanjain4570 👍😊
Mam law of demand ka concept nahi explain kiya... Wo bhi is chapter mai hai.....???
Mst videos keep it up mam 🙏🙏 thanku mam
👍🙂
Substitute good. One place other sustitue change like tv
Price of related goods
Income of consumer
Taste and preferences
Future expection
Government policies
Excellent
Substitute goods r replaceable... Like a good can fulfill the requirements of another goods .. like. eBook and physical book
👌very good👌
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Mam doubt in MCQ 4
Price of complementary goods rise:
Then there should be movement along the curve???
Or its in the case of cross elasticity??
Movement only happens because of change in Good's own price, if there is a change in price of related goods then there will always be shift in the curve. @Pulkit Nagpal hope I'm clear 👍😊
Mam your last part 2.2 is not found kindly share so I can follow unit wise.
👉 th-cam.com/video/nDIMONlI7zA/w-d-xo.html
Mam cross elasticity of demand bta doo plzzzz
👉 th-cam.com/video/q_h0sedExBc/w-d-xo.html
Mam where is law of demand explaination?
Love ❤ youuuu
mam latest icai module does not have types of demand should we study it or not
Jo latest module mei h, wahi apke lie applicable hai.
Thanks mam
Mam shift ib demand curve me bhi to to quantity demand me hi change aata h na
Types of demand module me kaha he
Mam there is no concept of joint demand in ca foundation Study material.
Complementary goods have a Joint demand.
Alright mam. 😊
Law of demand bhi app hi padhoo
Where is law of demand??
❤️❤️❤️❤️
Maam where is the video of exceptions to the law of demand?
Not there
Plzz thoda aur explain Kiya kariye
@Vaishali Sharma Tell me any particular point or topic on which you need more explanation, will be glad to help you.
@@shrishtyagarwal8362 mam Aapne taste and preference of consumer me 3 effect bataye but mereko theek se samjh nhi Aaya
1- demonstration or bandwagon effect
2- snob effect
3- Veblen effect
@@vaishalisharma6025 Don't worry Vaishali, I will make a separate video on these 3 effects for you .Happy learning 👍
@@shrishtyagarwal8362 ok mam thankyou
@@vaishalisharma6025 you will get this video tomorrow .So stay tuned & don't forget to answer the questions asked 👍😊