Micro & Macro Economics

Microeconomics & Macroeconomics

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Microeconomic Theory

  • Consumer Theory
  • Price Effect – Income & Substitution Effect
  • Theories of Cost
  • Theory of Production
  • Law of Demand & Elasticity of Demand
  • Law of Supply
  • Market & Determination of Price
    • Perfect competition
    • Monopoly
    • Monopolistic Competition
    • Oligopoly

 

 

Macroeconomic Theory

  • National Income Accounting
  • Circular Flow of Economic Activities
  • Aggregate Demand & Supply
  • Classical Approaches – Economics in Long Run
  • Keynesian Approach – Economics in Long Run
  • IS-LM
  • Inflation & Unemployment, Blanchard

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