Microeconomics for Business – BBS
Microeconomics for Business – BBS
Description
The study of microeconomics for business is essential for understanding how decisions are made in different areas that are highly relevant to the student. The content covered in this course is applicable to both the individual and the firm.
What Will I Learn?
- To enhance understanding of the microeconomic theories and develop their own skills in using these theories in business decision making.
- To analyze how individual decision-makers, both consumers and producers, behave in a variety of economic environments.
Topics for this course
53 Lessons
Unit 1: Introduction
Meaning and scope of Microeconomics
Uses, Importance, and Limitations of Microeconomics
Concept and Features of Managerial Economics
Subject Matter and Area of Managerial Economics
Production Possibility Curve
Marginal Analysis
Incremental Analysis
Economic Statics
Economic Dynamics
Ten Principles of Economics
Unit 2: Market Equilibrium and Efficiency
Unit 3: Elasticity of Demand and Supply
Unit 4: Analysis of Consumer’s Behavior
Unit 5: Theory of Production
Unit 6: Cost and Revenue Curves
Unit 7: Product Pricing Theories and Practices
Unit 8: Theory of Factor Pricing
About the instructor
Free
Material Includes
- Text content
- Image
- 1 PDF Mathematical Solution
Requirements
- No, Requirement.
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Target Audience
- Students who are engaged in Management Stream for their Bachelor's Degree.
- People, willing to learn Microeconomics.