Welcome to Prime Academy Delhi
For getting access of recorded video lectures of
Introductory Micro Economics for Economics (H) Semester I
you need to subscribe our course.
If you are not registered at our website then Register Here (After registration please inform us at +91 9899 192027 to get the access)
If you are already registered and have Got the access then Login to watch the Lectures
The Introductory Micro Economics Course for BA (Hons) Economics Semester I, Delhi Technical Campus has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the Delhi Technical Campus. The Duration of Video Lectures is approximately 45 Hours.
Course Fee : Rs. 6000
Access of Video Lectures is provided on one device, Windows Computer or Android Phone, till end of Semester I Exams.
Once You get the access you need to login and download our APP and all the lectures from your login account and play in your device.
You will Get
- Full Course Video Lectures
- Complete Study Material (PDF Notes) which includes Concepts, Previous Year Questions, Numerical Questions, MCQ’s and Important Questions
- Online Discussion Forum to Post Your Queries to Discuss with Faculty & other fellow Students
- Live online Doubts Sessions (at least twice a week) for resolution of Doubts
- Mock Tests at the Website
- Video Lectures Cover Theory Portions Exchaustively + Complete Solutions of Back Questions of readings + Solutions of Previous Years Papers + Large Number of Numericals
On Payment of Fee we will create your account on our website & you need to login and download all the lectures & our APP through that login account
Access of Video Lectures is provided on one device, Windows Computer or Android Phone, till end of the Semester II Exams
Payment Details
To purchase any course you need to transfer the amount either through Google Pay or PhonePe at 9811261671 or Paytm at 9899192027 or Transfer through net banking IMPS into the following account
Account Details
Dheeraj Suri
Saving Account Number
392010100053871
Axis Bank, Model Town Branch
Delhi – 110009
IFS Code : UTIB0000392
Payment App Details
GPay Number : +91 9811261671
PhonePe Number : +91 9811261671
Paytm Number : 9899192027
After transfer update us with payment details through Whatsapp at +91 9899192027
Demo Lectures
Demo PDF of Study Material
Demo Quiz
Exam Pattern
The Question Paper of Marks Will Have
Part
Part
Course Content of Our Video Lectures
Unit I : Resource Allocation and Production Cost
Chapter 1 : Introduction [ Minutes]
Number of Lectures Lectures
Total Duration of Lectures Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Important Topics Covered
Central Problems of an Economy, Production Possibility Frontier,
Chapter 2 : Production [ Minutes]
Number of Lectures Lectures
Total Duration of Lectures Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Important Topics Covered
Production Function, Average and Marginal Products, Stages of Production, Law of Diminishing Marginal Productivity, Returns to Scale
Chapter 3 : Cost [ Minutes]
Number of Lectures Lectures
Total Duration of Lectures Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Important Topics Covered
Meaning of Cost, Implicit Cost, Opportunity Cost, Explicit Cost, Short Run Costs, Long Run Costs Cos
End of Syllabus
Course Description
BA 101 : Introductory Microeconomics
Course Objective
This course is designed to expose the students to the basic principles of microeconomic theory. The student is exposed to the concepts of Resource Allocation, Choice and Duality of Production and Cost. Then the student is made to understand the functioning of markets. Finally, demand theory as per Cardinal and Ordinal approaches to utility is taught. The purpose of putting production and cost in the beginning is to explain the functional role of economics in resolving ‘real issues in economics’, namely, ‘production and cost’. We then come to come to behavioural aspects Demand and Supply, Markets and The Consumers.
Unit I
Resource Allocation : Production Cost. Central Problems of an Economy – PP Frontier and Choice; Real Cost, implicit Cost and Opportunity Cost. Production function: stages of production. Duality. Short run costs functions. Laws of return to scale; Long run costs and Optimum Size.
Unit II
Behaviour of Markets. Demand function: determinants of demand; Elasticity: Types of elasticity and measures of elasticity. Market Demand. Marginal Cost and Supply function. Market Supply; Market Equilibrium: Consumer and Producer’s Surplus. Shifts in demand in supply curves.
Unit III
Consumer Behaviour. Cardinal and Ordinal approaches to utility. Consumer equilibrium: properties of indifference curves; budget constraint; consumer equilibrium; price, income and substitution effects; Inferior and Giffen goods. Applications of indifference curve: choice between leisure and consumption.
References
- Karl E. Case and Ray C. Fair, Principles of Economics, Pearson Education Inc., 8th Edition, 2007.
- N. Gregory Mankiw, Economics: Principles and Applications, India edition by South Western, a part of Cengage Learning, Cengage Learning India Private Limited, 4th edition, 2007.
- Joseph E. Stiglitz and Carl E. Walsh, Economics, W.W. Norton & Company, Inc., New York, International Student Edition, 4thEdition, 2007.