Demand and Supply Analysis Practice Exam

 

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.

Demand and Supply Analysis has gained immense popularity across the globe resulting in huge demand for certified professionals.

 

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.

Demand and Supply Analysis certified professionals, executives and managers are in high demand in companies across the globe.

 

Who should take the Demand and Supply Analysis Exam?

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

 

Knowledge and Skills required for the Demand and Supply Analysis

Candidates gain quick success in career of demand and supply analysis if they have skills of critical thinking and good communication skills.

 

Demand and Supply Analysis Practice Exam Objectives

Demand and Supply Analysis exam focuses on assessing your skills and knowledge in demand and supply analysis and management.

 

Demand and Supply Analysis Practice Exam Pre-requisite

There are no prerequisites for the Demand and Supply Analysis exam. Candidates who are well versed  in demand and supply analysis and management can easily clear the exam.

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

 

Exam Format and Information

Certification name – Certificate in Demand and Supply Analysis
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199