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Introduction to Microeconomics
Blended Learning
Microeconomics
Suggestions
Big Picture-Market
Study Plan
Course Topics
The Economic Problem
The Market Demand
The Market Supply
Applications
Market Equilibrium & Welfare
Elasticity – Demand
Elasticity – Supply
Income Elasticity / Poverty
Taxation – Govt. Policy
Price Floor and Price Ceiling
Subsidy – Govt. Policy
Firm Decision & Output
Perfect Competition
Monopoly
Consumer – Utility & Budget
Consumer Choice & Demand
Externality
Lecture Videos
EXAMS
Assignments
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Course Topics
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Perfect Competition
Topics
Section 1: The Economic Problem
Section 2: The Market
-- (i) The Market Demand
-- (ii) The Market Supply
-- (iii) Market Equilibrium & Welfare
Section 3: Elasticity
-(i) Elasticity - Demand
-(ii) Elasticity - Supply
-(iii) Income Elasticity / Poverty
Section 4: Government Policies
-(i) Price Floor and Price Ceiling
-(ii) Subsidy - Govt. Policy
-(iii) Taxation - Govt. Policy
Section 5: The Firm (Supply Side)
-(i) Firm Decision & Output
-(ii) Perfect Competition
-(iii) Monopoly
Section 6: The Consumer (Demand)
-(i) Consumer - Utility & Budget
-(ii) Consumer Choice & Demand
Section 7: Externality
-(i) Production Externality
-(ii) Consumption Externality
Perfect Competition
Study Materials
1. Textbook
Chapter 12
2. Extra Readings
3. Read Lecture Slides
Lecture Slides