Published On Sep 2, 2022
In this video we explain how to use the demand and supply equations to solve for the equilibrium price and quantity values (often referred to as P* and Q*) using just algebra! This is something which you will need to know how to do throughout your studies in economics, so it's definitely worth reviewing to ensure you understand it.
Interested in booking an economics tutor to help you through that Econ course? Reach out to work with me directly at: [email protected]
This channel is just getting started so if you enjoyed the content, let us know by liking, commenting, sharing, and subscribing to the channel; it really helps us out. ALOT. We release weekly videos on Thursdays covering all things ECONOMICS!
If you have a great idea that you'd like featured, let us know in the comment section.
If you're interested in daily content, consider following us on Twitter or Instagram.
Twitter: / thinkeconyt
Instagram: / thinkeconyt
Enjoy, and have a great weekend!
~The THINK ECON Team
KEYWORDS:
Think Econ, economics, microeconomics, equilibrium economics explained, economics equilibrium price and quantity, a level economics equilibrium, market equilibrium ba economics, equilibrium definition economics, equilibrium equation economics, equilibrium graph economics, general equilibrium economics, equilibrium in economics, market equilibrium in economics, price equilibrium in economics, equilibrium analysis in economics, market equilibrium mathematical economics, general equilibrium model economics, economics market equilibrium, equilibrium analysis in mathematical economics, equilibrium price economics, equilibrium price and quantity economics, demand class 11