Microeconomics for Business – BBS

About Course
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.
Course Content
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
Student Ratings & Reviews
No Review Yet