This course combines engaging 71 lecture videos to deliver a comprehensive learning experience.
- Exploring the Basic Economic Problem: Exploring human wants, resource allocation, opportunity cost, and production possibility frontier in fundamental economic concepts.
- Consumer Behavior and Demand: Analysing utility, indifference curves, demand analysis, and elasticity in consumer behavior.
- Understanding Producer Behavior and Supply: 5 sub-units examine production function, cost analysis, revenues, equilibrium, supply, and elasticity in production.
- Exploring Perfectly Competitive Market: Features and implications of perfect competition in the market scenario.
- Unveiling the Price Determination Process: Unveiling price determination, shifts in demand, supply, simultaneous changes, and real-world applications.