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Micro Economics (ECON 5113)

Micro Economics (ECON 5113)

The Objective of the course Microeconomics is to educate the students of B.Com about the economic behavior of individuals, households and firms. It includes a description of nature and scope of economics, Consumption theory, demand and supply theory, production concepts and theory. 

Course Material

01 Week 1 What is Economics
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02 Week 2 Definitions of Economics
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03 Week 3 Nature and Scope of Economics; Micro Economics and Macro Economics
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04 Week 4 Consumer Theory; Concept and Approaches
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05 Week 5 Cardinal Approach of Consumer Theory
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06 Week 6 Ordinal Approach of Consumer Theory
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07 Week 7 Consumer Equilibrium and Consumer Surplus
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08 Week 8 Market Mechanism; Demand Supply and Market Equilibrium
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09 Week 9 Demand Theory
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10 Week 10 Supply Theory
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11 Week 11 Firm and Production Function
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12 Week 12 ISO Quants, ISO Cost Line and Firm Equilibrium
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13 Week 13 Cost Concepts and Cost Behavior
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14 Week 14 Revenue concepts and Market Structure
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15 Week 15 Market Structure; Equilibrium Price and Output Decision
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16 Week 16 Perfect Competition; Monopoly and Monopolistic Competition: Equilibrium price and output Decision
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  • Total Lessons 16
  • Department Commerce (SCB)
  • About Visit Profile
  • Teacher Mr. Ahmad Saeed
Other Courses by Mr. Ahmad Saeed
  • International Financial Management
  • Logic
  • Managerial Economics
  • Investment and Portfolio Management (BCH-402)
  • Cost & Management Accounting (BUSB 212)
  • Statistical Inference (STAT-307)
  • Microeconomics (ECON 5113)
  • Introduction to Critical and Logical Thinking (BCH-307)
  • International Financial Management (FIM 414)
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