Week 3-4: The Price Mechanism
We will discuss the concept of Demand and Supply. Moreover, we will cover the Laws of Demand and Supply, the movement and shifting of Demand and Supply Curves in these weeks.
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
