BECC-101 Introductory Microeconomics

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BECC-101 Introductory Microeconomics Topics Covered Block 1 - Introduction Unit 1 - Introduction to Economics and Economy Unit 2 - Demand and Supply Analysis Unit 3 - Demand and Supply in Practice Block 2 - Theory of Consumer Behaviour Unit 1 - Consumer Behaviour: Cardinal Approach Unit 2 - Consumer Behaviour: Ordinal Approach Block 3 - Production and Costs Unit 1 - Production with one Variable Input Unit 2 - Production with two and more Variable Inputs Unit 3 - The Cost of Production Block 4 - Market Structure Unit 1 - Perfect Competition: Firm and Industry Equilibrium Unit 2 - Monopoly: Price and Output Decisions Unit 3 - Monopolistic Competition: Price and Output Decisions Unit 4 - Oligopoly: Price and Output Decisions Block 5 - Factor Market Unit 1 - Factor Market and Pricing Decisions Unit 2 - Labour Market Unit 3 - Land Market Block 6 - Welfare, Market Failure and the Role of Government Unit 1 - Welfare: Allocative Efficiency under Perfect Competition Unit 2 - Efficiency of the Market Mechanism: Market Failure and Role of the State Total Question Papers (Total-5, Solved-3, Unsolved-2) Sample Paper-I Sample Paper-II Guess Paper-I Guess Paper-II December (2020) June (2022)