Unit 1 [Book] | |
Basic Concepts: Concepts of Economics | VIEW |
Macro Vs Micro Economics | VIEW |
Meaning and Scope of Micro Economics | VIEW |
Basic Problems of an Economy and Application of Economic Theories in Decision Making | VIEW |
Marginalism, Incrementalism | VIEW |
Market forces and equilibrium | VIEW |
Unit 2 [Book] | ||
Consumer Behavior and Elasticity of Demand | VIEW | |
Theory of Demand and supply | VIEW | |
Elasticity of demand Concept, Importance | VIEW | |
Income Elasticity of demand | VIEW | |
Price Elasticity of demand | VIEW | |
Factors influencing elasticity of demand | VIEW | |
Demand forecasting Meaning, Need, Importance, Approaches and Techniques | VIEW | |
Analysis of consumer behavior: | VIEW | |
Cardinal Utility | VIEW | |
Marginal Utility | VIEW | VIEW |
Ordinal utility | VIEW | |
Income consumption curve and Engle curve | VIEW | |
Price Consumption curve and derivation of Demand curve, Income and Substitution | VIEW | |
Effect of a price change | VIEW | |
Consumer Surplus | VIEW | |
Revealed Preference theory | VIEW | |
Unit 3 [Book] | |
Theory of Production and cost | VIEW |
Factors of Production, Production Function Concept | VIEW |
Fixed and Variable Factors | VIEW |
Law of Variable proportions, Assumptions, Limitations and Significance Long Run Production Function | VIEW |
Isoquant curves Definition, General properties, | VIEW |
Marginal rate of technical substitution economic region of production | VIEW |
Iso-cost lines optimal combination of resources | VIEW |
the expansion path | VIEW |
Law of returns to scale through Iso-Quants | VIEW |
Cost of production | VIEW |
VIEW | |
Explicit costs, Implicit costs | VIEW |
Opportunity costs of production | VIEW |
Derivation of short run and long run cost curves | VIEW |
Economies and diseconomies of Scale and the Shape to the long run average cost | VIEW |
Unit 4 [Book] | |
Pricing & Market: Theory of Pricing-cost plus pricing, Target pricing, marginal cost pricing, Going rate pricing | VIEW |
Concept of different types of Competitive Conditions of the market: | |
Monopoly | VIEW |
Oligopoly | VIEW |
Perfect competition | VIEW |
Price Determination and equilibrium of firm in different market situations | VIEW |