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Intermediate Microeconomics I: Behavioural foundations of Market Interactions
Learn from Former Delhi University Professor
Demo Lecture
ABOUT COURSE
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Full Course Video Lectures
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Complete syllabus covered AS PER DU
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Written Notes Provided in PDF Format
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Printed Notes Provided
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Answer Writing Practice
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Previous Year Question Papers Discussed
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24 x 7 Doubt Resolution
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Mock Tests Provided
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Important Questions from Chapter Covered
Unit - 1
Consumer Behaviour
Preference and utility, Budget and choice, Income and substitution effect, Demand derivation, Labour supply, One-person welfare
Recommended reading: HV Chapters 2-6, 8-10
Optional reading: BW Chapters 4-6, 10
Unit - 2
Decision-making under uncertainty
Expected utility, Risk aversion, Insurance, Risk spreading
Recommended reading: BW Chapter 11
Optional reading: HV Chapter 12
Unit - 3
Producer Behaviour and Markets
Technology, Profit maximization, Cost minimization, Supply, Short and long run
Recommended reading: BW Chapters 7-9
Optional reading: HV Chapters 18-23
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