2.1 Learning Outcomes:Identify the key concepts of Economics.
Discuss the key concepts of Economics
2.2 Action Required:Kindly go through the video link
https://www.khanacademy.org/economics-finance-doma…
2.3 Test your Knowledge (Question):Explain Key principles of economics
2.4 InstructionsAnswer the given question in Discussion Board.
3.1 Learning Outcomes:Apply supply and demand model to determine market equilibrium
Recognize how changes in supply, demand, and government regulations affect market outcomes
Describe price mechanism
3.2 Action Required:Watch the video using the following link:
https://www.khanacademy.org/economics-finance-doma…
3.3 Test your Knowledge (Question):
Explain Equilibrium of the Market and how price is determined?
3.4 Instructions Answer the given question in Discussion Board.
