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DSC 1 : Introductory Micro Economics, Econ 001
BA Economics (Hons) Semester I
Delhi University | 2026
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The DSC – I : Introductory Micro Economics ( ECON – o01 ) Course for BA Economics (H) Semester I, 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 35 Hours.
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Recomended Readings
1. Mankiw, N. G. (2018). Principles of Microeconomics 8th ed.
2. Acemoglu, D., Laibson, D., & List, J. (2017). Microeconomics. Pearson.
3. Dixit, A. K., & Skeath, S. (2015). Games of strategy: Fourth international student edition. WWNorton&Company.
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Question Paper will be of 90 Marks
This division is flexible and plus/minus 10% of the marks and can be done in each unit, given
the total is 90.
Unit I : 15 Marks
Unit II : 45 Marks
Unit III : 25 Marks
Unit IV : 5 Marks
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 I Exams
Unit – 1 : Introduction to Economic Trade-offs
Chapter 1 : Ten Principles of Economics
Duration of Lectures : 74 Minutes
Based Upon Mankiw Chapter 1
Topics Covered
►Ten Principles of Economics,
Chapter 2 : Thinking Like Economiist
Duration of Lectures : 53 Minutes
Based Upon Mankiw Chapter 2
Topics Covered
►The Scientific Method,
►Production Possibility Frontier,
►Microeconomics & Macroeconomics,
Chapter 3 : Interdependence & Gains from Trade
Duration of Lectures : 49 Minutes
Based Upon Mankiw Chapter 3
Topics Covered
►Specialization & Trade,
►Absolute Advantage & Comparative Advantage,
Unit – 2 : How Market Works
Chapter 4 : Demand, Supply & Equilibrium
Duration of Lectures : 152 Minutes
Based Upon Mankiw Chapter 4
Topics Covered
►Markets,
►Demand Curves,
►Supply Curves,
►Supply & Demand in Equilibrium,
Chapter 5 : Elasticity & Its Applications
Duration of Lectures : 146 Minutes
Based Upon Mankiw Chapter 5
Topics Covered
►Price Elasticity of Demand,
►Total Revenue & Price Elasticity of Demand,
►Income Elasticity of Demand,
►Cross Elasticity of Demand,
►Price Elasticity of Supply,
►Applications of Suuply, Demand and Elasticity,
Chapter 6 : Supply, Demand & Government Policies
Duration of Lectures : 142 Minutes
Based Upon Mankiw Chapter 6
Topics Covered
►Price Ceiling & Price Floor,
►Taxes,
►Elasticity & Tax Incidence,
Chapter 7 : Consumers, Producers & Efficiency of Markets
Duration of Lectures : 66 Minutes
Based Upon Mankiw Chapter 7
Topics Covered
►Consumer Surplus,
►Producer Surplus,
►Market Efficiency,
Chapter 8 : International Trade
Duration of Lectures : 67 Minutes
Based Upon Mankiw Chapter 9
Topics Covered
►The Equilibrium without Trade,
►The Winners & Losers from Trade,
►The Effects of a Tariff,
►Other Benefits of International Trade,
►Arguments Against Free Trade,
Unit – 3 : Role of Government
Chapter 9 : The Costs of Taxation
Duration of Lectures : 75 Minutes
Based Upon Mankiw Chapter 8
Topics Covered
►The Deadweight Loss of Taxation,
►The Determinants of the Deadweight Loss,
►Deadweight Loss & Tax Revenue as Taxes Vary,
►The Laffer Curve,
Chapter 10 : Externalities
Duration of Lectures : Minutes
Based Upon Mankiw Chapter 10
Topics Covered
►Externalities, Types of Externalities,
►Private Solutions to Externalities, The Coase Theorem,
►Government Solutions to Externalities, Corrective Taxes & Subsidies,
Chapter 11 : Public Goods
Duration of Lectures : Minutes
Based Upon Mankiw Chapter 11
Topics Covered
►Public Goods,
►Common Pool Resource Goods, Tragedy of Commons,
Unit – 4 : Individual Decision and Interactions
Chapter 12 : Game of Strategy
Duration of Lectures : 48 Minutes
Based Upon DS Chapter 1
Topics Covered
►Game of Strategy,
►Some Strategic Games,
Chapter 13 : Decisions Versus Games
Duration of Lectures : 124 Minutes
Based Upon DS Chapter 2
Topics Covered
►Decisions Versus Games,
►Classifying Games,
►Basic Terminology About Games, Strategies, Payoffs, Rationality, Equilibrium,
►The Uses of Game Theory,
Demo Mock Test (MCQ)
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