File: Economics Pdf 121762 | Annexure Co Programme Ge Courses
introductory microeconomics bcom ge 1 generic elective ge credit 6 course objective this course is designed to expose the students to the basic principles of microeconomic theory the emphasis will ...
Filetype PDF | Posted on 08 Oct 2022 | 2 years ago
The words contained in this file might help you see if this file matches what you are looking for:
...Introductory microeconomics bcom ge generic elective credit course objective this is designed to expose the students basic principles of microeconomic theory emphasis will be on thinking like an economist and illustrate how concepts can applied analyze real life situations learning outcomes introduces first in economics from perspective individual decision making as consumers producers learn some interactions supply demand characteristics perfect imperfect markets unit introduction what scope method economic problem scarcity choice concept opportunity cost question produce distribute output science institutions for allocating resources competitive model prices property rights profits incentives information rationing positive versus normative analysis scientific role assumptions models mathematics why economists sometimes disagree interdependence gains trade specialisation absolute advantage comparative welfare competition determinants schedule curve market shifts together allocate elas...