Economics U P Board Textbooks Class 12th
About this eBook
1. Introduction 2. Consumer Equilibrium and Demand 3. Producer Behaviour and Supply 4. Forms of Market and Price Determination Under Perfect Competition with Simple Applications
The Question Paper will Include Value Based Question Questions to the Extent of 5 Marks.
PART A INTRODUCTORY MICRO ECONOMICS Unit 1 Introduction 11 Periods Meaning of Micro Economics and Macro Economics. What is an Economy Central Problems of an Economy what, how and for whom to produce Concepts of production possibility frontier and opportunity Cost. Unit 2 Consumer s Equilibrium and Demand 32 Periods Consumer s Equilibrium Meaning of Utility, Marginal Utility, Law of Diminishing Marginal Utility, Conditions of Consumer's Equilibrium using Marginal Utility Analysis. Indifference curve analysis of consumer's equilibrium the consumer's budget budget set and budget line , preferences of the consumer indifference curve, indifference map and conditions of consumer's equilibrium. Demand, Market Demand, Determinants of Demand, Demand Schedule, Demand Curve, Movement along and Shifts in the Demand Curve, Price Elasticity of Demand Factors affecting Price Elasticity of Demand, Measurement of Price Elasticity of Demand a Percentage-change Method and b Geometric Method Linear Demand Curve , Relationship between Price Elasticity of Demand and Total Expenditure.
Unit 3 Producer Behaviour and Supply
Unit 4 Forms of Market and Price Determination Under Perfect Competition with Simple Applications 31 Periods
Variable ning and
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