What do you learn from this lecture?

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

I had learned types of economics and why to need economics by humans life.economics is the more important of every nations.Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society. 

I have learned Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

I have learned Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

I had learn Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

From this lecture i understand how the economy functions and what policies are best suited to promote economic growth and stability

In this lecture, I have learnt the relationship between price and demand.

from this lecture, I understand how the economy functions and what policies are best suited to promote economic growth and stability, and know about buy or demand sell or supply.

  It is hard to give my opinion on this video because 70% of economic terms or ideas are unfamiliar. But in general, this video covers many ideas but focuses on macroeconomics and the our choices. To explain they come up with the types of the economic system and how the country gets to take an interest in them. Planned economy and market economy and how an economic system builds up. To explain the market economy and planned economy we have to know about some political terms or economic systems that as socialism, communism, capitalism, and so on. This term is used to identify each economic area of the world. So the world economy is a mixed economy; eventually, all nations' economic systems are mixed up for some reasons and purposes.

And as resources are limited so we have to make choices. In both communism and socialism, there is always economic planning they decide what to produce, how to produce it, and who gets it. And there is also a command economy, and in command, the economic government has full control over what should be produced. Modern economies are neither completely free markets nor not even planned; there is a spectrum of government involvement. So, at last, it does not matter which economic system we should choose if that works out, then stay on that.

From this lecture, I have learned what is equilibrium price and quantity. I have understood surpluses and shortages but disequilibrium creates them and market solve them.

From this lesson, I have learned the definition of equilibrium and how it has relates with price and quantity. I can now illustrate the equilibrium of price and quantity through a graph. I have understood surpluses and shortage and can show the relation between them through a graph.

Equilibrium in economics refers to the balance between the supply and demand for a particular good or service. The equilibrium price and quantity are determined by market forces, such as supply and demand. When the market is not in equilibrium, there is either a shortage or surplus of goods, which can lead to changes in price and quantity.

Market equilibrium is a state where supply and demand are in balance, leading to a stable price and quantity of goods or services exchanged. From this topic we can learn market forces, without external intervention, can efficiently allocate resources and reach an optimal outcome. Understanding market equilibrium is crucial for businesses and policymakers to make informed decisions.

I have learned Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

Well, I have learned unknown topic like equilibrium, supply and demand from the perspective of economic. And this will definitely trigger in my future life handling for sure.
Thank you,
Maam

From this lesson, I have learned the definition of equilibrium and how it has relates with price and quantity. I can now illustrate the equilibrium of price and quantity through a graph. I have understood surpluses and shortage and can show the relation between them through a graph.

I have understood the type of economic systems and their historical development. I have also learned capitalism and socialism.

From this lecture i understand how the economy functions and what policies are best suited to promote economic growth and stability

From this lecture, I have learnt the major relation between price and demand.

I learned about equilibrium it's defination.
I can draw equilibrium graph based on the quantity demand,quantity supply and price table.
I can find equilibrium price and quantity.

From this lecture I learn about market equilibrium . I learn about relation between price and demand also learn about relation between price and supply.

I had learned types of economics and why to need economics by humans life.economics is the more important of every nations.Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.

I do learn many things like market equilibrium, equilibrium price, quantity, and how to calculate equilibrium.

From this lecture, I have learned what is equilibrium price and quantity. Also learned about surpluses and shortages.can show the relation between through graph

From this lecture i understand how the economy functions and what policies are best suited to promote economic growth and stability

I had learned types of economics and why to need economics by humans life.Economics is the more important of every nations.Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

Define and explain equilibrium price and quantity
Create a graph that illustrates equilibrium price and quantity
Define and explain surpluses and shortages
Create a graph that illustrates surpluses and shortages
Describe how disequilibrium can create surpluses and shortages; explain how markets eliminate them

From this lesson, I have learned the definition of equilibrium and how it has relates with price and quantity. I can now illustrate the equilibrium of price and quantity through a graph. I have understood surpluses and shortage and can show the relation between them through a graph.

In this lecture, I learned about equilibrium and its definition. I can draw an equilibrium graph based on the quantity demand, quantity supply, and price table. I can find the equilibrium price and quantity.

Helal Uddin:
Market equilibrium is a market state where the supply in the market is equal to the demand in the market. The equilibrium price is the price of a good or service when the supply of it is equal to the demand for it in the market. If a market is at equilibrium, the price will not change unless an external factor changes the supply or demand, which results in a disruption of the equilibrium.

If a market is not at equilibrium, market forces tend to move it to equilibrium. Let's break this concept down.
If the market price is above the equilibrium value, there is an excess supply in the market (a surplus), which means there is more supply than demand. In this situation, sellers will tend to reduce the price of their good or service to clear their inventories. They probably will also slow down their production or stop ordering new inventory. The lower price entices more people to buy, which will reduce the supply further. This process will result in demand increasing and supply decreasing until the market price equals the equilibrium price.

I gained knowledge A society's ability to control how much is produced and consumed is made possible by its economic systems. Common economic systems include market, planned, hybrid, traditional, and participatory economies. Effectiveness, expansion, freedom, and equality are just a few of the unique characteristics and objectives that each economic system possesses.

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

From this lecture, I have learned what is equilibrium price and quantity.

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

I have learnt how supply and demand interact to determine the price in a market.

sohag baidya (203-15-14467)

From the lecture, I learned what the equilibrium price and quantity are. Also learned about surplus and deficit. A graph can show the relationship between them

From this lecture, I have learned equilibrium. The word equilibrium has a root in the Latin word libra, which means weight or balance. A few examples of equilibrium are: A book kept on a table at rest. A car moving with a constant velocity. A chemical reaction where the rates of forward reaction and backward reaction are the same.

From this lecture, I have learned what is equilibrium price and quantity. Also learned about surpluses and shortages can show the relation between through graph.

Firstly, When the supply and demand curves intersect, the market is in equilibrium. This is where the quantity demanded and quantity supplied are equal.
If the market price exceeds the equilibrium price, the quantity supplied is greater than the quantity demanded, creating a surplus. The market price will fall. Secondly,
If the market price is below the equilibrium price, the quantity supplied is less than the quantity demanded, creating a shortage. The market is not transparent. It is in drought. The market price will rise because of this shortage. Lastly, Equilibrium price and quantity are determined by the intersection of supply and demand. A change in supply, demand, or both, will necessarily change the equilibrium price, quantity or both. These are the things that I have learned from this lecture.

This lecture taught me about equilibrium price and quantity. I understand surpluses and shortages, but they are created by disequilibrium and solved by the market.

I had learn Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

I had learned types of economics and why to need economics by humans life.economics is the more important of every nations.Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.

I had learned types of economic systems and their historical development.

This lecture taught me the significant relationship between price and demand.

I had learn Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

Supply and demand must be in balance for there to be market equilibrium, which results in a steady exchange rate, price, and volume of commodities or services. This topic teaches us that market forces may efficiently distribute resources and produce the best results without outside interference. To make wise decisions, entrepreneurs and politicians must understand market equilibrium.

I Have learned Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

I have learned what is equilibrium price and quantity. I have understood surpluses and shortages but disequilibrium creates them and market solve them

From this lecture I've learn equilibrium. In market equilibrium I also learn how to draw graph from table.

Equilibrium is a key concept in economics that refers to a state of balance in a market where the quantity of a good or service supplied equals the quantity demanded. In other words, it is the point at which the price of a good or service has reached a level at which both buyers and sellers are satisfied.

The equilibrium price and quantity are determined by the intersection of the supply and demand curves in a market. At the equilibrium price, the quantity supplied and quantity demanded are equal, which means that there is no surplus or shortage of the good or service.

When the price of a good or service is above the equilibrium price, there is a surplus because the quantity supplied exceeds the quantity demanded. This excess supply can lead to downward pressure on prices as sellers compete to attract buyers.

Conversely, when the price of a good or service is below the equilibrium price, there is a shortage because the quantity demanded exceeds the quantity supplied. This shortage can lead to upward pressure on prices as buyers compete to acquire the limited supply.

Understanding equilibrium is important for businesses, policymakers, and economists because it helps them to analyze market dynamics and make decisions about pricing, production, and resource allocation. By analyzing equilibrium, businesses can determine the optimal price and quantity of a product to produce and sell, while policymakers can create policies that promote market stability and economic growth.

I had learned types of economic systems and their historical development. I also learned capitalism and socialism.
functionalists, conflict theorists, and symbolic interventionists is included in our lecture.

from this lecture, I understand how the economy operates, the policies that are most effective in promoting economic growth and stability, and the concepts of buying and demand as well as selling and supply.

Equilibrium in economics refers to the balance between the supply and demand for a particular good or service. The equilibrium price and quantity are determined by market forces, such as supply and demand. When the market is not in equilibrium, there is either a shortage or surplus of goods, which can lead to changes in price and quantity.

I have learned Economic systems are the structures and procedures that enable a society to decide how much is produced and consumed. Market, planned, hybrid, traditional, and participatory economies are typical economic systems. Every economic system has its own distinct features and goals, such as effectiveness, growth, freedom, and equality.

From this lecture, I have learnt economic equilibrium represents a state of balance in which supply and demand are aligned, resulting in stable prices and quantities in a market or the overall economy.

I have learned from this lesson, types of economic systems. Capitalism and socialism both in theory and in practice. Now I have idea about functionalists, conflict theorists, and symbolic interventionists view.