Topics in Demand and Supply Analysis (2023 Level I CFA® Exam - Economics - Module 1)

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Topic 2 - Economics
Module 1 - Topics in Demand and Supply Analysis
0:00 Introduction and Learning Outcome Statements
4:24 LOS: calculate and interpret price, income, and cross-price elasticities of demand and describe factors that affect each measure
12:52 LOS: compare substitution and income effects
13:50 LOS: distinguish between normal goods and inferior goods
17:52 LOS: describe the phenomenon of diminishing marginal returns
22:14 LOS: determine and describe breakeven and shutdown points of production
26:03 LOS: describe how economies of scale and diseconomies of scale affect costs

Пікірлер: 7

  • @shradhabhawar2312
    @shradhabhawar231219 күн бұрын

    Very well explained!🙌 Can i use these for 2024 attempt?

  • @qudizzle1
    @qudizzle1 Жыл бұрын

    very well done lecture,

  • @analystprep

    @analystprep

    Жыл бұрын

    Thanks for liking! If you like our video lessons, it would be appreciated if you could take 2 minutes of your time to leave us a Google review using this link: g.page/r/CQIlM78xSg01EB0/review

  • @jeremy0158
    @jeremy01582 жыл бұрын

    In the last slide, Why Q1 is the ideal firm size when Q2 minimises the average cost. It should be Q2 right ?

  • @soundharyasfeed7374

    @soundharyasfeed7374

    5 ай бұрын

    thats what i thought too

  • @removing.complexity
    @removing.complexity2 жыл бұрын

    Reading 8 and reading 9 is it complete economics? or it's just an trailer

  • @michellewang4984

    @michellewang4984

    2 жыл бұрын

    it's the complete version :)