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Microeconomics: Definition, Meaning and Scope
Methods of Analysis in Economics
Problem of Choice & Production Possibility Curve
Concept of Market & Market Mechanism in Economics
Concept of Demand and Supply in Economics
Concept of Equilibrium & Dis-equilibrium in Economics
Cardinal Utility Theory: Concept, Assumptions, Equilibrium & Drawbacks
Ordinal Utility Theory: Meaning & Assumptions
Indifference Curve: Concept, Properties & Shapes
Budget Line: Concept & Explanation
Consumer Equilibrium: Ordinal Approach, Income & Price Consumption Curve
Applications of Indifference Curve
Measuring Effects of Income & Excise Taxes and Income & Excise Subsidies
Normal Goods: Income & Substitution Effects
Inferior Goods: Income & Substitution Effects
Giffen Paradox or Giffen Goods: Income & Substitution Effects
Concept of Elasticity: Demand & Supply
Demand Elasticity: Price Elasticity, Income Elasticity & Cross Elasticity
Determinants of Price Elasticity of Demand
Measuring Price Elasticity of Demand
Price Elasticity of Supply and Its Determinants
Revealed Preference Theory of Samuelson: Concept, Assumptions & Explanation
Hicks’s Revision of Demand Theory
Choice Involving Risk and Uncertainty
Inter Temporal Choice: Budget Constraint & Consumer Preferences
Theories in Demand Analysis
Elementary Theory of Price Determination: Demand, Supply & Equilibrium Price
Cobweb Model: Concept, Theorem and Lagged Adjustments in Interrelated Markets
Production Function: Concept, Assumptions & Law of Diminishing Return
Isoquant: Assumptions and Properties
Isoquant Map and Economic Region of Production
Elasticity of Technical Substitution
Law of Returns to Scale
Production Function and Returns to Scale
Euler’s Theorem and Product Exhaustion Theorem
Technical Progress (Production Function)
Multi-Product Firm and Production Possibility Curve
Concept of Production Function
Cobb Douglas Production Function
CES Production Function
VES Production Function
Translog Production Function
Concepts of Costs: Private, Social, Explicit, Implicit and Opportunity
Traditional Theory of Costs: Short Run
Traditional Theory of Costs: Long Run
Modern Theory Of Cost: Short-run and Long-run
Modern Theory Of Cost: Short Run
Modern Theory Of Cost: Long Run
Empirical Evidences on the Shape of Cost Curves
Derivation of Short-Run Average and Marginal Cost Curves From Total Cost Curves
Cost Curves In The Long-Run: LRAC and LRMC
Economies of Scope
The Learning Curve
Perfect Competition: Meaning and Assumptions
Perfect Competition: Pricing and Output Decisions
Perfect Competition: Demand Curve
Perfect Competition Equilibrium: Short Run and Long Run
Monopoly: Meaning, Characteristics and Equilibrium (Short-run & Long-run)
Multi-Plant Monopoly
Deadweight Loss in Monopoly
Welfare Aspects of Monopoly
Price Discrimination under Monopoly: Types, Degree and Equilibrium
Monopolistic Competition: Concept, Characteristics and Criticism
Excess Capacity: Concept and Explanation
Difference Between Perfect Competition and Monopolistic Competition
Oligopoly Market: Concept, Types and Characteristics
Difference Between Oligopoly Market and Monopolistic Market
Oligopoly: Collusive Models- Cartel & Price Leadership
Oligopoly: Non-Collusive Models- Cournot, Stackelberg, Bertrand, Sweezy or Kinked Demand Curve
Monopsony Market Structure
Bilateral Monopoly Market Structure
Workable Competition in Market: Meaning and Explanation
Baumol’s Sales Revenue Maximization Model
Williamson’s Model of Managerial Discretion
Robin Marris Model of Managerial Enterprise
Hall and Hitch Full Cost Pricing Theory
Andrew’s Full Cost Pricing Theory
Bain’s Model of Limit Pricing
Sylos Labini’s Model of Limit Pricing
Behavioural Theory of Cyert and March
Game Theory: Concept, Application, and Example
Prisoner’s Dilemma: Concept and Example