THE IMPORTANCE OF TEACHING SUPPLY AND DEMAND IN MODERN BUSINESS EDUCATION
Keywords:
supply, demand, business fundamentals, market economy, price formation, entrepreneurship, business education, consumer.Abstract
Supply and demand are among the most important topics in economics and business fundamentals. These concepts explain the mechanism of the market economy, price formation, and the relationship between consumers and producers. In the modern business environment, studying supply and demand helps develop not only economic knowledge but also practical business skills. This article discusses the importance of teaching the topic of supply and demand in business fundamentals courses, its relevance in the modern economy, and effective interactive teaching methods.
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