Everything Bee Knows

I’ve noticed that many find economics difficult. Though it’s a fun subject after understanding the concept, that you’ll love to go into the depth and how one thing leads to another shows the flow in the economy. So considering this problem of my fellow friends I am going to post series notes for fybcom sem I important topics, for those who find hard to understand the textbook language and wants to understand in short for better revision and this will help you as this are comprehensive and point to point notes. Demand analysis Determinants of demand helps to understand the factors that influence quantity of a particular product.  These will help us to identify measures that can be adopted to alter the demand Price The price of the product under consideration is the most important determinant of the demand for a product.  A negative relation is postulated between the quantity demanded and the Prices of product under consideration