MICROECONOMICS
INTRODUCTION It is a science which studies human behaviour as a relationship between ...
MICRO ECONOMICS
BASICS OF SUPPLY AND DEMAND.
A job ravenously while Far much that one rank beheld after outside....
MARKET STRUCTURE & COMPETITION
Market structures There are four idealized (ideal as opposed to reality) types of ...
THEORY OF PRODUCTION
Theory Of Production Production: term refers to the processes during which some material ...
CONSUMER BEHAVIOUR AND INDIVIDUAL’S CONSUMPTION CHOICES
CONSUMPTION CHOICES Consumption: the process by which goods and services are put to ...
Market Mechanism and Price Determination
The price theory The price theory is the basis of exchange in economics. ...
Information, Market Failure & Role of Government
Markets with Asymmetric information What happens when some parties in the market have ...
MONOPOLY
MONOPOLY Pure monopoly: A market that has only one seller and many buyers. ...