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Week - 1
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Basic concepts and definitions. |
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Week - 2
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Supply and Demand Theory and market mechanism. |
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Week - 3
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Elasticities of Supply and Demand; Understanding and prediction the effects of changing market conditions. |
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Week - 4
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Effects of government; the equation of Supply and Demand. |
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Week - 5
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Utility; The theory of consumer behavior. |
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Week - 6
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Firms and their production decisions; Costs: short run and long run costs. |
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Week - 7
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Market structure and competitive strategy:perfect competition. |
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Week - 8
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Perfect competition-2. |
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Week - 9
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Midterm Exam. |
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Week - 10
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Market power: monopoly and monopsony |
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Week - 11
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Pricing with market power. |
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Week - 12
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Oligopoly, game theory. |
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Week - 13
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Monopolistic competition. |
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Week - 14
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Markets for factor inputs; Investment, time, and capital markets. |