Basic Concepts of Economics and Trade

Unlock the fundamentals of economics and trade in this easy-to-follow introduction designed for beginners and curious minds. Whether you're a student, a professional, or just someone interested in how the global economy works, this video covers key concepts such as:

✅ What is Economics?
✅ The difference between Microeconomics and Macroeconomics
✅ Supply and Demand
✅ Opportunity Cost
✅ Trade, Specialization, and Comparative Advantage
✅ Why Nations Trade & How Trade Benefits Everyone

This lesson is perfect as a starting point for anyone studying economics or preparing for exams, business studies, or simply looking to understand the economic forces that shape our world.

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