Sign In Microeconomics and macroeconomics
Select Your Favourite
Category And Start Learning.
Economics and economy?
This topic includes introduction to economics , normative economics , microeconomics and macroeconomics.
Central problems of an economy?
Central problems in different economies , its soutions , ppc and opportunity cost.
Central problems and its solutions in different economies
Production possibility curve and central problems
Ppc and opportunity cost
Consumer’s Equilibrium (utility analysis)?
Concept of utility its types, concept of consumer equilibrium (one and two commodity case), limitations of utility analysis.
Limitation of utility analysis
Concept of utility and its types ; law of dimnishing marginal utility
Concept of consumer’s equilibrium and marginal utility (one and two commodity case)
Consumer’s equilibrium (indiference approach)?
Ic cocept , its properties , budget set , budget line
Consumer equilibrium and IC
Budget line concept
Indifference curve and its properties
Theory of demand?
Concept of demand, demand function, law of demand, movements along demand curve
Relationship between income and demand , impact of tastes and prefrences on demand
Law of demand
Concept of demand amd demand function
Movements and shifts in demand curve
Price elasticity of demand?
Concept and measurement of price elasticity of demand ,factors affecting price elasticity of demand
Concept and measurement of price elasticity of demand
Distinct situations of elasticity of demand, factors affecting price elasticity of demand
Production function and returns to a factor?
Concept of production costs, types of costs, relationship between costs
Concept of production function (short run and long run)
Concepts of TP,AP,MP and law of variable of proportions
Relation between different costs
Concepts of costs
Concept of costs
Short run costs of production
Relation between AC,MC and TC
Concepts of revenue
Concept of revenue and types of revenue
Firm’s revenue curve in different markets
Producer’s equilibrium
Price elasticity of supply
Concept of producer’s equilibrium
Approaches for producer’s equilibrium
Theory of supply
Concept of supply amd supply function
Law of supply and movements along supply curve
Forms of market
Forms of markets (perfect competition and monopoly)
Forms of market(monopolistic competition and oligopoly) and basis of classification
Market equilibrium under perfect competition and effects of shifts in demand and supply
Determination of market equilibrium under perfect competition
Chain effect
Simultaneous change in curves and market equilibrium
Simple applications of tools of demand and supply curves
About
Share your knowledge with thousands of students and obtain monthly benefits with OneAcad.
- +91 77580594
- [email protected]