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Books - Mankiw
Syllabus - introductory microeconomics
Unit - 1
Introduction to economic trade-offs
Resources and opportunities, Gains from trade, Individual and society
Unit - 2
How market works
Supply and demand, Price and resource allocation, Elasticity, Market, trade and welfare.
Role of government
Taxation, Public good, Inequality and poverty
Individual decision and interactions
Decision versus strategic interaction, How to think about strategic Interactions, Real life Final Examples.
Mankiw, N. G. (2018). Principles of Microeconomics 8th ed.
Dixit, A. K., & Skeath, 5. (2015). Games of strategy: Fourth international student edition. WW Norton & Company.
Acernoglu, D., Laibson, D., & List, 1. (2017). Microeconomics. Pearson.
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