|
LO-1
|
will able to define and explain the basic concepts and hypothesis in Microeconomic Theory and their relations |
|
LO-2
|
analyse consumer equilibrium |
|
LO-3
|
will able to obtain and interpret elasticities |
|
LO-4
|
will able to analyse producer equilibrium |
|
LO-5
|
will able to define costs of production and short and lung run cost functions |
|
LO-6
|
will able to define market, categorize markets and analyse perfectly competitive markets |