Week 10-11: Firms and Industries
We will dicuss about Classification of the firms, Production and supply of commodities and Objectives of the firm. Moreover, we will also cover the topic of Output maximization and cost minimization, Industrial structure & market supply.
Course Material
- Week 1-2: Introduction to Microeconomics: Basic Concepts
- Week 3-4: The Price Mechanism
- Week 5-6: The Concept of Elasticity
- Week 7-8: Consumer’s Behaviour
- Week 9: Mid Term Exam
- Week 10-11: Firms and Industries
- Week 12-13: Production and Cost Functions
- Week 14-15: Market Structure: Perfect Competition
- Week 16-17: Market Structure: Monopoly and Monopolistic Competition
- Week 18: Final Term Exam
- Chapters 10
- Department Noon Business School
- Teacher
Mr. Muhammad Waqas
