Microeconomics (URDU-Hindi)

Destiny For Everything


Mastering Microeconomics

What you’ll be taught

Perceive the distinction between macro and micro economics and their space of utility.

Clarify the responsiveness of the demand and provide features in assorted situations.

Describe the patron concept and the price of manufacturing theories with corresponding stakeholders.

Determine the elements behind pricing and producers’ choices in varied market constructions.

Description

Microeconomics research how the person components of the economic system, the households and the corporations, make choices to allocate restricted sources. This course is predicated on a complete research of the market constructions, product markets and useful resource markets. It additionally offers with utility of demand and provide, value evaluation and elements of manufacturing.

Upon profitable completion of the course, college students ought to have the ability to:

CLO 1: Purchase the information, abilities, and understanding of the basic ideas of microeconomics associated to people, and corporations in numerous market constructions.

CLO 2: Consider the significance of client habits concept in financial determination making.

CLO 3: Analyze the corporations’ determination making with respect to value and manufacturing theories to clarify the connection between manufacturing inputs and output

CLO 4: Decide how managers can maximize agency income in varied market constructions together with excellent competitors, monopoly, monopolistic competitors, and oligopoly

This course targets to

CO 1 Perceive the distinction between macro and micro economics and their space of utility.

CO 2 Clarify the responsiveness of the demand and provide features in assorted situations

CO 3 Describe the patron concept and the price of manufacturing theories with corresponding stakeholders

CO 4 Determine the elements behind pricing and producers’ choices in varied market constructions

A diversified methodology shall be adopted that embrace interactive class discussions, quizzes, assignments, case research, dialogue on handouts, movies, group work workout routines, displays, and semester challenge. An inquiry-based, reflective, collaborative, and topic based mostly strategy shall be pursued with formal and casual suggestions. Teacher will encourage the scholars in the direction of arguments and context-based studying.

English
language

Content material

Introduction about economics

Introduction about economics
Distinction between micro and macro
Economics legal guidelines and Social legal guidelines
Financial mannequin

Demand (Client aspect of the Market)

Demand and Want
Regulation of demand
Extension, contraction, rise and fall of demand

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