Unit 1 [Book] | |
Definition and Concepts of Economics: Wealth, Welfare, Scarcity and Growth Oriented definitions | VIEW |
Concept of Scarcity | VIEW |
Optimum utilization | VIEW |
Equilibrium and various forms of equilibrium | VIEW |
**Equilibrium of a Firm under Monopolistic Competition | VIEW |
**Price Equilibrium | VIEW |
Nature and Scope of Economics | VIEW |
Micro Economics | VIEW |
Macro Economics | VIEW |
Inductive and Deductive methods of Economics | VIEW |
Unit 2 Consumer Behavior and Utility Analysis [Book] | |
Cardinal Approach: | |
Indifference Curve Analysis | VIEW |
Law of Diminishing Marginal Utility | VIEW |
Law of Equi-Marginal Utility | VIEW |
Consumer’s equilibrium | VIEW |
Consumer’s surplus | VIEW |
Demand Analysis | VIEW |
Demand Analysis Types | VIEW |
Determinants and change in demand | VIEW |
Law of Demand | VIEW |
Exception of the Law of Demand | VIEW |
Demand Curve | VIEW |
Elasticity of Demand and Its Types | VIEW |
Elasticity of Demand Measurements | VIEW |
Ordinal Approach: Indifference curve Analysis, price, income and substitution effects | VIEW |
VIEW |
Unit 3 [Book] | |
Producer’s Behavior: Production and Factors of Production | VIEW |
Laws of Production | VIEW |
Law of Variable Proportions | VIEW |
Laws of Return to Scale | VIEW |
Isoquant Meaning, Assumptions and Properties | VIEW |
Producer’s Equilibrium through Isoquants | VIEW |
Cost Curves Analysis: Short run and Long run cost | VIEW |
Law of Supply and its Elasticity | VIEW |
Market: Revenue Analysis | VIEW |
Concept and Classification of Market | VIEW |
Equilibrium of Firm and industry under Perfect competition | VIEW |
Price Determination of Firm and industry under Perfect competition | VIEW |
Price Determination of Firm and industry under Monopolistic competition | VIEW |
Price Determination of Firm and industry under Monopoly | VIEW |
Price discrimination in monopoly | VIEW |
Unit 4 [Book] | |
Distribution and Factor Pricing | VIEW |
Factor Pricing | VIEW |
Theory of Marginal Productivity | VIEW |
Rent Theories: | |
Ricardian Theory, Modern Theory | VIEW |
Quasi Rent Theory | VIEW |
Wages Theories: Subsistence Theory of Wages, Wage Fund Theory, Residual Claimant Theory and Marginal Productivity Theory | VIEW |
Interest Theories: Gross and Net Interest, Classical Theory of Interest, Loanable Funds Theory, Liquidity Preference Theory | VIEW |
Profit Theories: Accounting and Economic Profit. Dynamic Theory of Profit: Risk-bearing Theory, Uncertainty Bearing Theory and Innovation Theory | VIEW |
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