How to calculate the complexity of a TM?

I have the language

$\{ w \mid w \text{ contains an equal amount of symbols } a \text{ and } b\}$.

I want to show that the language is in the class $\textsf{P}$. To do this, I must give an implementation level description of the relevant Turing machine. I'm not very knowledgeable on Turing machines, but I think I would be able to write down a possible transition function, but from this how do I compute the complexity, in order to show it is in the class $\textsf{P}$?

You only have to show that there exists a Turing machine that decides the language, and such that the number of steps taken by it is a polynomial in the size of the input, in this case a polynomial in $|w|$.
An example of such a machine is the following. Scan the tape left to right until you find both an $a$ and a $b$, and replace both of them with a new symbol, let's say $x$. If you fail to find both an $a$ and a $b$, there are two cases: if every nonblank symbol on the tape is $x$, answer $\textsf{YES}$, otherwise answer $\textsf{NO}$.
It should be easy to see that the number of steps is $O(|w|^2)$, and therefore the language is in $\textsf{P}$.