B.A Micro Economics Honours Part1 Syllabus with Video Link

Understanding Micro Economics becomes very important for all Bachelor of Arts Economics Honors students that’s why we are giving important video links of all chapters in Economics Honors to all of you, through them you will be able to understand the phone concept and its Through this you will be able to score maximum marks in Microeconomics.

Basic

1. Scope of Economics –

2. Micro Economics –


3. Nature of economics related to arts or science –

Important Terms

1. Law of Demand –


2. Elasticity of Demand –


3. Equilibrium under perfect competition –


Firms –


4A. Monopolistic Competition –


4B. Monopoly –


5. Law of diminishing returns –


6. law of variable proportion –


7. Product function –


8A. Price determined under perfect competition –


8B. Wage determined under perfect competition –

Theory

1. Ricardian Theory of Rent –


2. Knight’s uncertainty bearing theory of profit –


3A. Pigou Welfare Economics –


3B. Pareto Optimality Criterion –


4. Marshall concept of consumer surplus –


5. Schumpeter theory of profit –


6. Modern Theory of Wages –


7. Robinson definition of economics –


8. Marginal productivity theory of distribution –


9. Modern Theory of Rent –

Difference

1. Income and Substitution Effect –


2. Micro vs Macro Economics –

https://www.youtube.com/watch?v=oAZj_1IxqbU

3. Individual Welfare –


Social Welfare Economics –


4. Static and Dynamic economics –


5. Average Cost and Marginal Cost –

Curve

1.Indifference curve –


2. Iso-Quant Curve –


3. Iso-Product Curve –


4. Avearge Cost Curve is U shaped –


5. Average revenue and marginal revenue –


6. Producer equilibrium with the help of equal product curve –

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