Principles of Microeconomics lesson-2, Demand | DU SOL | B.Com / BA Semester 1/3/5

DU SOL, Regular & NCWEB | B.Com and B.A. (Prog.) Semester 1 | Introductory Microeconomics | Unit 1, Lesson 2: Theory of Demand Learn the Theory of Demand in the easiest possible language with visual 3D logic! In this complete lecture, we cover every important concept from the textbook syllabus, real-life examples, and all 5 important demand curves to help you prepare confidently for your exams. 📌 Topics Covered in This Video: 0:00 – Introduction & The 4 Pillars of Demand 1:30 – Determinants of Household and Market Demand 3:20 – The Law of Demand & the Ceteris Paribus Assumption 3:40 – Qualitative vs. Quantitative Nature (Direction vs. Magnitude) 3:50 – The College Canteen Samosa Deal (Practical Example) 4:20 – Individual vs. Market Demand Schedules and Curves 5:00 – Why Does the Demand Curve Slope Downward? (Diminishing Marginal Utility, Income Effect & Substitution Effect) 5:50 – Exceptions to the Law of Demand (Veblen Goods & the Giffen Paradox) 8:20 – Movement Along the Demand Curve vs. Shift of the Demand Curve 9:50 – Master Revision of All 5 Demand Curves (Diagrams 2.1 to 2.5) 11:00 – Summary 📚 This Video Is Perfect For: Delhi University (DU SOL / Regular / NCWEB) B.Com (Hons.) & B.Com (Prog.) Semester 1 B.A. Economics Minor / Major CA Foundation / CMA Foundation Students If you find this lecture helpful, LIKE the video, SHARE it with your college friends, and don’t forget to SUBSCRIBE to the channel for more easy-to-understand Economics lectures! 🔥 #DUSOL #BCom #Microeconomics #TheoryOfDemand #DUWaleBhaiya #DelhiUniversity #Semester1