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24th May 2018, 10:40 AM
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Re: University of The Punjab BA Books

Hii sir, I Wants to get the Syllabus And Books of the BA Hons Economics Subject Introductory Microeconomics Course of the University of Punjab ?
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24th May 2018, 10:40 AM
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Join Date: Aug 2012
Re: University of The Punjab BA Books

The Syllabus And Books of the BA Hons Economics Subject Introductory Microeconomics Course of the University of Punjab is given below

Introductory Microeconomics Course


UNIT I

Exploring the subject matter of Economics Why study economics? Scope and method of economics; the economic problem: scarcity and choice; the question of what to produce, how to produce and how to distribute output.

The basic competitive model. Supply and Demand: How Markets Work, Markets and Welfare Markets and competition; determinants of individual demand/supply; demand/supply schedule and demand/supply curve; market versus individual demand/supply; shifts in the demand/supply curve, demand and supply together; how prices allocate resources; elasticity and its application.

UNIT II
The Households The consumption decision - budget constraint, consumption and income/price changes, demand for all other goods and price changes; description of preferences (representing preferences with indifference curves); properties of indifference curves; consumers optimum choice; income and substitution effects; labour supply and savings decision - choice between
leisure and consumption.

UNIT III
The Firm and Perfect Market Structure Behaviour of profit maximizing firms and the production process; short run costs and output decisions; costs and output in the long run. Controls on prices; taxes and the costs of taxation; consumer surplus; producer surplus and the efficiency of the markets. Imperfect Market Structure Monopoly and anti-trust policy; government policiestowards competition; imperfect competition.

UNIT IV
Input Markets Labour and land markets - basic concepts (derived demand, productivity of an input, marginal productivity of labour, marginal revenue product); demand for labour; input demand curves; shifts in input demand curves; competitive labour markets; and labour marketsand public policy.

Books

Karl, E. Case., and Ray C. Fair, (2007). Principles of Economics(8th Ed.).Pearson
Education Inc.

2. N. Gregory Mankiw.( 2007) Economics: Principles and Applications.( 4th edition) India edition by South Western, a part of Cengage Learning, Cengage Learning India PrivateLimited.

3. Joseph E. Stiglitz, and Carl E. Walsh, , (2007) . Economics (4th Edition), W.W. Norton & Company, Inc., New York, International Student Edition


For more Information you may Contact to the University of Punjab the Contact Details Are given below

Contact Details
University of Punjab
Address: Sector 14, Chandigarh, 160014
Customer service: 1800 180 2065


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