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Intermediate Micro Economics – II [ECON 010] for Economics (H) Semester IV

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►Intermediate Micro Eco II

►Intermediate Macro Eco II

►Introductory Econometrics

►GE – Applied Statistics

►GE – Elements of Analysis

The Intermediate Micro Economics – II [ECON 010] 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

Access of Video Lectures is provided on any one of the following devices:

Windows Computer or Laptop, or

Android Phone or Tablet, or

Apple Iphone or Ipad, or

Apple Macbook,

till end of Semester IV 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 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

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

Intermediate Micro Economics – II, UGCF, 2024, Course Introduction

Intermedite Micro Eco II, Lecture #1

Intermedite Micro Eco II, Lecture #2

Intermedite Micro Eco II, Lecture #3

General Equilibrium Lecture #1

General Equilibrium Lecture #2

General Equilibrium Lecture Numericals

Demo Test

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Exchange Test #1

1. Please Read the Questions and all the options Carefully, Before Selecting Your Choice.
2. You are not Allowed to edit your answers after submission.
3. The Paper has ten Questions
4. Time Allowed is 10 Minutes.
5. It is necessary to enter your valid Email id to attempt this test.

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1 / 10

Walras’ law implies that if there are N markets, we only need to find equilibrium prices in:

N - 3 markets.

N - 1 markets.

all markets.

2N markets.

N - 2 markets.

2 / 10

When indifference curves are smooth and convex, if two indifference curves are tangent at a point in an Edgeworth box, then that point:

cannot be a competitive equilibrium.

is a Pareto-optimal allocation.

cannot be on the contract curve.

is unattainable with current endowments.

represents the competitive equilibrium.

3 / 10

Suppose Reeta and Shailly are at an allocation bundle where their MRS are not equal. Then:

there are gains from trade.

they are outside the Edgeworth box.

they are an equilibrium.

they are trading.

they are happy.

4 / 10

All points on the contract curve:

are not Pareto efficient.

are Pareto improving.

are Pareto efficient.

are politically attainable.

do not maximize social welfare.

5 / 10

In a Pareto efficient equilibrium:

trying to make someone better off will make someone else worse off.

trying to make someone better off will make someone else better off.

there is a fair distribution of income.

governments collect some tax revenue.

supply equals demand.

6 / 10

In an exchange economy, prices determine the consumption bundles that participants can acquire and:

are constant along any contract curve.

are constant along any equilibrium contract curve.

must be less than the marginal rates of substitution of the participants, unless there is a competitive equilibrium.

the incomes of the participants as well.

the initial endowments of the participants as well.

7 / 10

The entire set of Pareto-optimal allocation in the Edgeworth Box is called the:

Walras' curve.

Pareto curve.

Edgeworth curve.

Contract curve.

None of the above

8 / 10

In a competitive equilibrium in an exchange economy with two individuals, if one individual is a net demander of a good, then:

the equilibrium is not Pareto-optimal.

the other individual must be a net supplier of that good.

one individual's marginal rate of substitution must exceed the other individual's marginal rate of substitution.

the other individual must also be a net demander of that good.

no further exchange is possible, even with lump-sum transfers.

9 / 10

Suppose the total endowments of two goods are 10 and 50. If one person is consuming 10 units of the first good, the second person must be consuming:

10 units of the first good.

50 units of the second good.

zero units of the first good.

40 units of the first good.

his initial endowment

10 / 10

Suppose the total endowments of two goods are 10 and 50. The perimeter of the Edgeworth box will be:

500

120

Your score is

The average score is 63%

Please rate this quiz

Click here for PDF of Chapter 1

Click Here for Reading List of Intermediate Micro Economics – II

Exam Pattern

The Question Paper will be of 90 Marks

Suggested weightage for each unit in the final examination

Unit I : 20%

Unit II : 30%

Unit III : 10%

Unit IV : 20%

Unit V : 20%

The division is flexible and plus/minus 5 percentage points of the marks can be done in each unit

Paper Pattern

Question paper can have

Either

Two compulsory questions and Five questions out of which students can do any three questiona (with equal weigtage to all questions)

Or

Seven Questions out of which students can do any Five questions (with equal weigtage to all questions)

►Serrano, Roberto and Feldman, Alan (2012), A short course in intermediate Microeconomics with Calculus, Cambridge University Press

►Espinola-Arredondo, Ana and Munoz-Garaia, Felix (2020), Intermediate Microeconomic Theory, MITPress.

►Munoz-Garaia, Felix (2017) Practice Exercises for Advanced Microeconomic Theory, MIT Press.

►Dunaway, Eric; Strandholm, John C., Espinola-Arredondo, Ana and Munoz-Garcia, Felix (2020) Practice Exercises for Intermediate Microeconomic Theory, MIT press. [DSEM]

Welcome to Prime Academy

For getting access of recorded video lectures of

Intermediate Micro Economics – II [ECON 010] for Economics (H) Semester IV

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

Quick Links

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

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 Test

Click here for PDF of Chapter 1

Click Here for Reading List of Intermediate Micro Economics – II

Exam Pattern

The Question Paper will be of 90 Marks

Suggested weightage for each unit in the final examination

Unit I : 20%

Unit II : 30%

Unit III : 10%

Unit IV : 20%

Unit V : 20%

The division is flexible and plus/minus 5 percentage points of the marks can be done in each unit

Paper Pattern

Question paper can have

Either

Two compulsory questions and Five questions out of which students can do any three questiona (with equal weigtage to all questions)

Or

Seven Questions out of which students can do any Five questions (with equal weigtage to all questions)

Recommended Readings

►Serrano, Roberto and Feldman, Alan (2012), A short course in intermediate Microeconomics with Calculus, Cambridge University Press

►Espinola-Arredondo, Ana and Munoz-Garaia, Felix (2020), Intermediate Microeconomic Theory, MITPress.

►Munoz-Garaia, Felix (2017) Practice Exercises for Advanced Microeconomic Theory, MIT Press.

►Dunaway, Eric; Strandholm, John C., Espinola-Arredondo, Ana and Munoz-Garcia, Felix (2020) Practice Exercises for Intermediate Microeconomic Theory, MIT press. [DSEM]

Course Content of our Video Lectures

Lectures are Strictly as per Latest Syllabus for UGCF 2024

Unit I : Monopoly

Approximate Weightage : 20 Percent (Plus/Minus 5%)

Chapter 1 : Monopoly

Duration of Video Lectures : 200 Minutes

Based Upon Chapter 10, AMG

Topics Covered

► Monopoly Introduction and Features,

► Barriers to Entry,

► Equilibrium Under Monopoly,

► Positive and Negative Effect on Marginal Revenue,

► Misunderstandings of Monopoly Markets, Absence of Supply Curve,

► Lerner Index and Inverse Elasticity Rule,

► Multiplant Monopoly,

► Deadweight Loss under Monopoly,

► Advertising in Monopoly,

► Monopsony,

► Regulation of Monopoly,

► Questions from recent Eco (H) examinations,

► Back Questions of Readings

Chapter 2 : Price Discrimination and Bundling

Duration of Video Lectures : 240 Minutes

Based Upon Chapter 11, AMG

Topics Covered

► Conditions for Price Discrimination,

► First Degree Price Discrimination,

► Second Degree Price Discrimination,

► Two Part Tariff,

► Third Degree Price Discrimination,

► Bundling,

► Questions from recent Eco (H) examinations,

► Back Questions of Readings

Unit II : General Equilibrium