Intoduction to Course:
The course is designed for the beginners with either no formal background or very little acquaintance with economics. The objective is to give the students with a clear understanding of the basic concepts, tools of analysis and terminologies used in microeconomics. Emphasis will be on the use of graphs, diagrams and numerical tables/schedules for exposition
Course pre requisites (if any):
On the successful completion of the course students will be able to:
1. Relate the basic economic theory and principles to current microeconomic issues and evaluate related public policy
2. Use economic models to analyse a situation in terms of economics
3. Describe the various types of markets and compare their efficiency
- Mankiw, G. - Principles of Economics – Latest Edition, South-West Publishers.
- Samuelson and Nordrons - Economics –Latest Edition- McGraw Hill.
Description of system of Evaluation (Exam, assignments etc.):
Mid Term: 30 marks
Sessional: 20 marks
- Project: 40%
- Presentation: 30%
- Participation: 30%
Final Exam: 50 marks