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Intermediate Micro Economics – II for Economics (H) Semester IV
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The Intermediate Micro Economics – II Course for BA (Hons) Economics Semester IV, Delhi University has been taught by Mr. Dheeraj Suri. The Video Lectures are based upon the books prescribed by the University of Delhi. The Duration of Video Lectures is approximately 55 Hours.
Course Fee : Rs. 7000
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- Live online Doubts Sessions 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
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Access of Video Lectures is provided on one device, Windows Computer or Android Phone, till end of the Semester Exams
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Demo Lectures
Demo Test
Demo PDF
Chapter-1-ExchangeClick Here for Reading List of Intermediate Micro Economics – I
Paper Pattern
The Question Paper of 75 Marks will have Two Parts (A & B)
Part A
Part A is Based Upon Unit I and Unit IV. Part A is of 37.5 Marks.
It will have 4 Questions and Students will be required to answer any 2 Questions out of those 4 Questions.
Part B
Part B is Based Upon Unit II and Unit III. Part B is of 37.5 Marks.
It will have 4 Questions and Students will be required to answer any 2 Questions out of those 4 Questions.
Course Content of our Video Lectures
Unit I
Chapter 1 : Exchange [446 Minutes]
Based Upon Hal Varian Chapter 31
Number of Lectures 9 Lectures
Total Duration 446 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
►Partial & General Equilibrium Meaning,
►Edgeworth Box,
►Feasible Allocations, Pareto Efficient Allocations,
►Contract Curve,
►Mathematical Derivation of Pareto Efficiency,
►Gross & Net Demand,
►Walrasian Equilibrium,
►Walras Law,
►The Algebra of Efficiency,
►First & Second Theorem of Welfare Economics,
►Monopoly in the Edgeworth Box,
►Numerical Problems & Solutions.
Chapter 2 : Welfare [252 Minutes]
Based Upon Hal Varian Chapter 33
Number of Lectures 4 Lectures
Total Duration 252 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
►Aggregation of Preferences,
►Arrows Impossibility Theorem,
►Social Welfare Functions,
►Welfare Maximization,
►Utility Possibility Frontier & Set,
►Envy & Equity,
►Fair Allocation,
►Numerical Problems & Solutions.
Chapter 3 : General Equilibrium [141 Minutes]
Based Upon Nicolson & Snyder Chapter 13
Number of Lectures 2 Lectures
Total Duration 141 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
►Edgeworth Box for Production,
►Production Possibility Frontier,
►Rate of Product Transformation,
►Reasons of Concave PPF,
►Derivation of Equilibrium Prices.
Unit II
Chapter 4 : Game Theory [326 Minutes]
Based Upon Nicolson & Snyder Chapter 8
Number of Lectures 8 Lectures
Total Duration 326 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
►Meaning of Game, Players, Payoff & Strategies,
►Representation of Game in Normal Form & Extensive Form,
►Nash Equilibrium,
►Prisoner’s Dilemma,
►Pure Strategy, Mixed Strategy & Dominant Strategy Nash Equilibrium,
►Battle of Sexes,
►Sequential Games,
►Backward Induction Method,
►Subgame Perfect Nash Equilibrium.
Chapter 5 : Nash Equilibrium [214 Minutes]
Based Upon Osborne Chapter 2
Number of Lectures 4 Lectures
Total Duration 214 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
► Prisoner’s Dilemma,
►Hermaphroditic Fish,
►Bach or Stravinski,
►Matching Pennies,
►Stag Hunt,
►Altruistic Preferences,
►Guessing Two Thirds of Average,
►Voter Participation,
►Choosing a Route,
►Best Response Functions,
Unit III
Chapter 6 : Monopoly [552 Minutes]
Based Upon Nicolson & Snyder Chapter 14
Number of Lectures 9 Lectures
Total Duration 552 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
► Monopoly,
► Barriers to Entry,
► Inverse Elasticity Rule,
► Absence of Supply Curve,
► Deadweight Loss under Monopoly,
► First Degree Price Discrimination,
► Second Degree Price Discrimination,
► Third Degree Price Discrimination,
► Two Part Tariff,
► Regulation of Monopoly,
Chapter 7 : Imperfect Competition [515 Minutes]
Based Upon Nicolson & Snyder Chapter 15
Number of Lectures 11 Lectures
Total Duration 515 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
► Monopolistic Competition Meaning,
► Monopolistic Versus Perfect Competition,
► Oligopoly,
► Bertrand Model,
► Cournot Model,
► Stackelberg Model,
► Price Leadership,
► Capacity Constraint,
► Entry Deterrence,
► Hoteling’s Beach,
Unit IV
Chapter 8 : Externalities [270 Minutes]
Based Upon Hal Varian Chapter 34
Number of Lectures 7 Lectures
Total Duration 270 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
► Consumption Externality,
► Quasi Linear Preferences & Coase Theorem,
► Production Externality,
► Social & Private Costs,
► Tragedy of Commons,
Chapter 9 : Public Goods [189 Minutes]
Based Upon Hal Varian Chapter 36
Number of Lectures 6 Lectures
Total Duration 189 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
► Meaning of Public Goods,
► Necessary & Sufficient Conditions for Public Goods Provision,
► Free Riding,
► Levels of Public Goods,
► Quasi Linear Preferences & Public Goods,
Chapter 10 : Asymmetric Information [228 Minutes]
Based Upon Hal Varian Chapter 37
Number of Lectures 5 Lectures
Total Duration 228 Minutes
Number of Questions in Notes Questions
Number of MCQ Tests on this Chapter Tests
Topics Covered
► Meaning of Asymmetric Information,
► Market for Lemons,
► Quality Choice,
► Adverse Selection,
► Moral Hazard,
► Signalling,
► Separating & Pooling Equilibrium,
► Incentive Systems,
Past Year Papers
2019 Paper [159 Minutes]
Number of Lectures 4 Lectures
Total Duration 159 Minutes
2018 Paper [154 Minutes]
Number of Lectures 4 Lectures
Total Duration 154 Minutes