Understanding the concepts of demand and supply in CBSE Class 10 Economics can be crucial for developing a strong foundation in the subject. Here are some tips to improve your understanding of these concepts:

1. Define Demand and Supply: Start by clearly defining demand and supply. Demand refers to the quantity of a good or service that consumers are willing and able to buy at a particular price. Supply, on the other hand, refers to the quantity of a good or service that producers are willing and able to provide at a particular price.

2. Factors Affecting Demand: Identify the factors that influence demand. These include price, income, tastes and preferences, availability of substitutes, and population. Understanding how these factors impact demand will help you analyze and predict changes in consumer behavior.

3. Factors Affecting Supply: Explore the factors that affect supply. These include price, cost of production, technology, government policies, and availability of inputs. Understanding these factors will help you analyze and predict changes in producer behavior.

4. Law of Demand: Familiarize yourself with the Law of Demand, which states that there is an inverse relationship between the price of a good and the quantity demanded, assuming other factors remain constant. This means that as the price of a good increases, the quantity demanded decreases, and vice versa.

5. Law of Supply: Understand the Law of Supply, which states that there is a direct relationship between the price of a good and the quantity supplied, assuming other factors remain constant. This means that as the price of a good increases, the quantity supplied also increases, and vice versa.

6. Market Equilibrium: Learn about market equilibrium, which occurs when the quantity demanded equals the quantity supplied at a particular price. At equilibrium, there is no shortage or surplus of the good in the market.

7. Graphical Representation: Practice drawing and interpreting demand and supply curves on a graph. This will help you visualize the relationship between price and quantity and understand how changes in demand and supply affect equilibrium.

8. Case Studies and Examples: Study real-life examples and case studies to understand how demand and supply concepts apply to different markets and situations. This will help you apply the concepts to real-world scenarios and enhance your understanding.

9. Practice Questions: Solve practice questions and CBSE sample papers to test your understanding and reinforce the concepts. Regular practice will help you become more familiar with demand and supply analysis.

By following these steps and regularly revisiting the concepts of demand and supply, you can improve your understanding of these fundamental economic principles. It is also advisable to consult your textbooks, reference books, and online resources such as EduRev for additional study materials and guidance.