Introduction to Business Economics. By Antara Mahantoa
Prepared by Antara Mahantoa Educator at Unacademy. Follow me at- https://unacademy.com/user/Antar a02
Contents (according to UGC NET) Nature and uses of Business Economics, Concept of Profit and Wealth maximization. Demand Analysis and Elasticity of Demand, Indifference Curve Analysis, Law. - Utility Analysis and Laws of Returns and Law of variable proportions. - Cost, Revenue, Price determination in different market situations : Perfect competition, Monopolistic competition, Monopoly, Price discrimination and Oligopoly, Pricing strategies.
What will the course cover? - Introduction to Business Economics. Summary and Important points
Economic problems Unlimited wants Limited resources
Theories of Economy. - Demand - Supply Price Input Output Stock -Profit etc.
Meaning of Business Economics. Links abstract theory and business practice by identifying problems, organising information and evaluating all feasible alternatives to choose the best therefrom.
See you in the next lesson Thank you!
Educator at Unacademy. Postgraduate in Commerce. Loves to cook and sing. Lives in Assam.