Microeconomics is a study of how individuals make decisions and how it affects the factors of production. This course is designed to introduce learners with basic concepts of core elements of Micro economics and introduce with the theories of firms and models of market structure.
This course is aimed to introduce the students with basic fundamentals of Microeconomics and help them understand the analysis of business, individual and industries in the market economy. This course will guide students in identification and evaluation of business and consumer alternatives to achieve the economic objectives. It will also help them in:
- Achieve a better understanding on different economic fundamentals in relation with business and individuals
- List out the determinants of demand and supply
- Understand the terminologies like- opportunity cost, scarcity, economic decisions, marginal analysis, demand, supply etc.
- Understand the costs of production and perfect and imperfect competition.
Ask a Question
e-book enables you to access interactive reading material to strengthen the skills learned in the sessions.
Online Lab enables you to practice the application of concepts you have learnt in the sessions in the virtual environment.
Tutorials enables you to get easy learning with clear, crisp, and to-the-point content on a wide range of technical and non-technical subjects without any preconditions and impediments.