Ch. 3 Demand | Part 2 | Economics | 11th GSEB ( Gujarat Board ) | CA Mohit Taparia |
Channel: SHAPERS EDUCATION
Date: 2021-08-12

Hello students , 

In this particular video we are going to  start with basic reasons of law of demand. The reasons for negative law of demand￼ Are income effect and substitution effect. In this video we are also going to learn about exceptions to law of demand.￼

After this particular topic we have discussed in detail the concept of individual demand and market demand. This concept is explained with the help of diagram and schedule. The concept of individual demand in market demand is very easy as well is important from the viewpoint of exams.￼

This video is just second part of a chapter the final conclusion of the chapter will be provided in third part of this video. In third part we will discuss elasticity of demand in detail.￼

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