important points (1st vid)
- economics is a subject that studies human behaviour
- subject that focuses on application

* might wanna read newspapers *

demand - prelecture
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learning what???
- how consumers behave
- how consumers react to changes

((consumers control the demand of goods and services in any market))

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- how does the seller behave in the market
- what causes the seller to sell more/less at the ongoing market place? (when things changed in then market place)