Home Categories Economics

Economics : Behavior of Buyers and Sellers & Product Pricing

Learners: 7,100

Instructor: /

Duration:

This course provides an in-depth understanding of how the price of a product is determined by the interactions between buyers and sellers. It covers topics such as how factors like income, fashion, demographic structure, business location, etc. can affect the product's sales. It also helps to develop an intuitive understanding of how to price a product in a market based on competition and product type. With this course, you will be able to start talking basic economics in real life and feel more confident to go for further concepts.▼▲

Course Feature Course Overview Course Provider

Go to class

Course Feature

Cost:

Paid

Provider:

Udemy

Certificate:

No Information

Language:

English

Start Date:

Self Paced

Course Overview

❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.

Updated in [August 31st, 2023]

Skills and Knowledge:
By taking this course, you will acquire the following skills and knowledge:
- Understand the fundamentals of economics, including the behavior of buyers and sellers and product pricing.
- Learn how factors such as consumer income, fashion, demographic structure, business location, etc. can affect product sales.
- Develop an intuitive understanding of how to price a product in a market based on competition and product type.
- Gain the ability to discuss basic economics in real life.
- Feel more confident to explore further concepts in economics.

Professional Growth:
This course contributes to professional growth by providing a comprehensive understanding of the economics of product pricing. It helps learners develop an intuitive understanding of how to price a product in a market based on competition and product type. It also helps learners understand how the price of a product is determined via Demand and Supply interactions, and how factors like income of consumer, fashion, demographic structure, business location, etc. can affect the product's sales. By taking this course, learners will be able to start talking basic economics in real life and feel more confident to go for further concepts.

Further Education:
This course is suitable for preparing for further education. It covers important concepts in economics such as the behavior of buyers and sellers, product pricing, demand and supply interactions, and factors that can affect product sales. It also helps develop an intuitive understanding of pricing in a market based on competition and product type. By taking this course, you will gain a basic understanding of economics that will make you feel more confident to explore further concepts in the subject.