Microeconomics (URDU-Hindi)



Mastering Microeconomics

What you will learn

Understand the difference between macro and micro economics and their area of application.

Explain the responsiveness of the demand and supply functions in varied scenarios.

Describe the consumer theory and the cost of production theories with corresponding stakeholders.

Identify the factors behind pricing and producersโ€™ decisions in various market structures.

Description

Microeconomics studies how the individual parts of the economy, the households and the firms, make decisions to allocate limited resources. This course is based on a comprehensive study of the market structures, product markets and resource markets. It also deals with application of demand and supply, cost analysis and factors of production.

Upon successful completion of the course, students should be able to:

CLO 1: Acquire the knowledge, skills, and understanding of the fundamental concepts of microeconomics related to individuals, and firms in different market structures.

CLO 2: Evaluate the importance of consumer behavior theory in economic decision making.

CLO 3: Analyze the firmsโ€™ decision making with respect to cost and production theories to explain the relationship between production inputs and output

CLO 4: Determine how managers can maximize firm profits in various market structures including perfect competition, monopoly, monopolistic competition, and oligopoly


This course targets to

CO 1 Understand the difference between macro and micro economics and their area of application.

CO 2 Explain the responsiveness of the demand and supply functions in varied scenarios

CO 3 Describe the consumer theory and the cost of production theories with corresponding stakeholders

CO 4 Identify the factors behind pricing and producersโ€™ decisions in various market structures

A diversified methodology shall be followed that include interactive class discussions, quizzes, assignments, case studies, discussion on handouts, videos, team work exercises, presentations, and semester project. An inquiry-based, reflective, collaborative, and subject based approach shall be pursued with formal and informal feedback. Instructor will encourage the students towards arguments and context-based learning.

English
language

Content

Introduction about economics

Introduction about economics
Difference between micro and macro
Economics laws and Social laws
Economic model

Demand (Consumer side of the Market)

Demand and Desire
Law of demand
Extension, contraction, rise and fall of demand

Check Today's 30+ Free Courses on Telegram!

X
Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.

Powered By
Best Wordpress Adblock Detecting Plugin | CHP Adblock