Theory of Costs
The theory of cost will be discussed in detail highlighting the traditional and modern theory of costs and issues related to these theories. the types of cost along with examples and graphs will be discussed to enable the students to understand the issues related to these concepts
Course Material
- Introduction, Overview of Economics, Principles of Economics
- Market Analysis-I (Theory of Demand and Supply)
- Market Analysis-II (Market Equilibrium vs Disequilibrium, Effects of Changes in Demand and Supply)
- Elasticity of Demand and related issues
- Theory of Consumer Behavior
- Theory of Costs
- Theory of Production
- Market Structures-I
- Market Structures-II
- Role of Government in Market Economy
- Introduction to Macro Economics
- National Income Accounting
- Economic Growth and Business Cycles
- Fiscal and Monetary Policies
- Unemployment and Inflation
- International Trade and Exchange Rates
- Chapters 16
- Department Noon Business School
- Teacher
Fiaz Ahmed
