Certificate in Demand and Supply Analysis

Demand and Supply Analysis

About Demand and Supply Analysis

The study of how buyers and sellers interact to establish transaction prices and quantities is known as demand and supply analysis. The link between supply and demand is crucial because it helps to establish the costs and availability of the majority of products and services in a particular market. The interplay between supply and demand eventually balances out in accordance with the tenets of a market economy.

Why is Demand and Supply Analysis important?

Bringing integrated demand and supply management into practice can:

• increased capacity to react to fluctuating demand.
• enhanced value generation.
• improved internal and external cooperation.
• more planned and effective resource deployment.
• group empowerment
• Put a priority on profit.
• increased operational effectiveness and execution.

Who should take the Demand and Supply Analysis Exam?

• Deman Planning Engineer
• Supply Chain Manager
• Purchasing Manager
• Buyer
• Demand Planner
• Category Manager

Demand and Supply Analysis Certification Course Outline

1. The Inverse Demand Function
2. Changes in Demand and Movements Along the Demand Curve
3. Interpretation Of Shift in Demand Curve
4. The Supply Function & Supply Curve
5. The Inverse Supply Function
6. Movements Along Supply Curve
7. Changes in Supply
8. Aggregate Demand & Supply
9. The Market Mechanism
10. Stable and Unstable Equilibrium
11. Price Bubbles
12. Consumer Surplus
13. Producer Surplus
14. Demand Elasticity
15. Elastic, Unit Elastic & Inelastic