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30th January 2018, 03:35 PM
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Join Date: Aug 2012
Re: MA Economics Syllabus Bu Bhopal

Barkatullah University is a university in Bhopal, India. Originally known as Bhopal University, it was renamed in 1988 after the great freedom fighter Prof. Barkatullah, who was born in the area


The Syllabus of the Micro Economic Analysis-I of the MA Economics of the BU Bhopal is given below

MA Economics

Demand Analysis (a)
Theories of Demand: Utility and indifference curve approaches; Income compensated demand curve; Income and Substitute effects; Slutsky theorem; Revealed preference theory; Consumer surplus.

Unit -2
Demand Analysis (b)
Elasticity (Price, cross, income) of demand; Elasticity of supply.
Revision of Demand theory by Hicks; Indirect utility functions (duality theory); Demand systems Linear expenditure system; Inter-temporal consumption; Cobweb theorem.


Unit-3
Theory of Production and Costs
Production function - Short term and long term period; Law of variable proportions; Returns to scale; Economies of scale; Iso-quants; Least-cost combination; Multi-product firm; Cobb-Douglas, CES production functions and their properties; Euler s theorem; Technical Progress and production function; Theories of costs traditional and modern; Derivation of cost function from production function; Derived demand for factors (CD function only).

Unit-4
Price and Output Determination (a)
Marginal analysis as an approach to price and output determination; Perfect competition Short and long term equilibrium of the firm and industry.
Monopoly short run and long run equilibrium; Price discrimination; Welfare aspects. Monopolistic competition General and Chamberlin s approaches to equilibrium of the firm and the group with product differentiation and selling costs; Criticism of monopolistic competition.

Unit-5
Oligopoly non-collusive models: Cournot, Bertrand, Edgeworth, Chamberlin, Kinked-demand curve and Stackleberg solution. Collusive models: Cartels and mergers; Price leadership model. Price and output determination under monopsony and bilateral monopoly..

For more Information you may Contact to the BU Bhopal the contact details are given below

Contact Detials

BU Bhopal
Address: Barkatullah University, Habib Ganj, Bhopal, Madhya Pradesh 462026
Phone: 090395 00010


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