Introduction to course

The Prime objective of this paper is to educate the students in basic principles of micro economics, so that the students can understand the working of market economy. It is expected that students will be able to understand the optimal resource allocation concepts. Furthermore, the underline objective is that the students will apply these concepts of micro economics in their personal and professional life.The Prime objective of this paper is to educate the students in basic principles of micro economics, so that the students can understand the working of market economy. It is expected that students will be able to understand the optimal resource allocation concepts. Furthermore, the underline objective is that the students will apply these concepts of micro economics in their personal and professional life.The Prime objective of this paper is to educate the students in basic principles of micro economics, so that the students can understand the working of market economy. It is expected that students will be able to understand the optimal resource allocation concepts. Furthermore, the underline objective is that the students will apply these concepts of micro economics in their personal and professional life.