Devi Ahilya Vishwavidyalaya, MP, General , Micro Economics Syllabus

Title of paper Micro economic

Unit-1 Micro economics, definition, meaning, inductive and deductive methods, importance and limitation of microeconomics

Unit-2 Law of demand-meaning, definition, characteristics, types of demand , exceptions of law of demand.

Unit-3 Elasticity of demand-concept, definition , importance , types and measurement of elasticity of demand, production function (with one and two variable) economics- internal and external

Unit-4 Factor and production – land, labour , capial, organization and enterprises , cost and revenue analysis.

Unit-5 Market structure- concept, definition, characterstics, classification, price determination under perfect and imperfect competition , marginal productivity theory of distribution.

Suggest books:-
1. Modern micro economics koustsohiarji A. macmillan new delhi.
2. D.N Dwivedi – vikas publishing house new delhi