• Unit 7: Prices and Market Order

    With the fundamental economic acts explicated in the previous units, this unit explains how they come together to constitute the market order. As each individual acts based on their preferences and possibilities, they influence the supply and demand of all economic goods, leading to the emergence of complex markets and prices.

    Completing this unit should take you approximately 3 hours.

    • 7.1: The Market System Lecture

    • 7.2: The Market System Discussion

    • 7.3: The Market System Review