This comprehensive course on Micro Economics is designed to provide students with a deep understanding of the fundamenta...
An overview of microeconomic principles and the role they play in economic analysis and decision-making.
Understanding the laws of demand and supply, and how they interact to determine prices in a market economy.
Exploring how consumers make choices based on preferences and budget constraints.
An analysis of how firms decide on the optimal method of production and the associated costs.
Examining different types of market environments ranging from perfect competition to monopoly.
Understanding how the markets for factors of production such as labor and capital operate.
Investigating situations where markets fail to allocate resources efficiently and the role of government intervention.
Exploring the concepts of economic welfare and how different economic policies affect societal well-being.
Analyzing how individuals and firms make decisions when outcomes are uncertain.
Understanding how firms set prices under different competitive conditions and constraints.
Exploring how psychological factors affect economic decision-making.
Studying strategic interactions among rational decision-makers.
Analyzing the role of information in economic transactions and market outcomes.
Examining the role of government in economic markets and its impact on resource allocation.