Microeconomics: Theory and Applications presents all the standard topics of traditional microeconomic theory. It covers the basic concepts of Modeling Microeconomics, Application: Market Equilibrium, Consumer Equilibrium, Demand function , Consumer Behaviour Applications and Case Study: Market Analysis.
INTENDED AUDIENCE : Students of Economics, Commerce, or Management degree programs.
PRE-REQUISITES : Knowledge of Calculus (High school level) and Microsoft Excel.
INDUSTRY SUPPORT : Any industry that would like to educate their staff on basics of Economics.
Week 1- Economic modelling
Week 2- Theory of consumer behaviour
Week 3- Theory of firm behaviour
Week 4- Perfect competition
Week 5- Imperfect competition
Week 6- Externality with special reference to environmental problems
Week 7- Linear Programming: Basics and Applications from Microeconomics
Week 8- Introduction to Efficiency Analysis
Week 9- Linear Regression Analysis
Week 10- Application of Regression technique to solve Microeconomic problems
Week 11- Application of Producer Theory, Theory of Cost and Valuing Public Good
Week 12- Application: Valuing the Environmental Good