1. To orient the students with the advanced knowledge of microeconomic theory
2. To help the students understand the theories related to utility, production and cost
3. To describe the theories related to markets, average cost pricing and limit pricing
Course Code |
Course Title |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
24DECO 711 |
Advanced Microeconomic Theory-I (Theory) |
Students will: CO121: analyze various aspects of utility analysis. CO122: analyze theories and concepts related to production and cost analysis. CO123: analyze equilibrium in perfect competition and monopoly markets CO124: analyze equilibrium in monopolistic competition and oligopoly markets CO125: analyze average cost and limit pricing theories CO126: contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Discussion, Case studies.
Learning activities for the students: Presentations, Assignments and Group discussions. |
Class activity, Assignments and Semester end examinations. |
1. Koutsoyiannis, Modern Microeconomics, ELBS/Macmillan, 1979.
2. Hal R. Varian, Intermediate Microeconomics, a Modern Approach, W.W. Norton and Company/Affiliated East-West Press (India), 8th edition, 2014.
Pindyck, Robert S., Rubinfeld, Daniel L. and Mehta, Prem L., Microeconomics, Pearson Education, 2009
Suggested Readings:
E-Resources:
1. libguides.reading.ac.uk/economics/e-resources
2. journals.indexcopernicus.com/api/file/---
3. ir.inflibnet.ac.in:8443/ir/bitstream/1944
4. worldwidescience.org/topicpages/e/economics+electronic+resource.html
Journals
https://www.jstor.org/journal/aejmicrecon
https://www.springer.com/journal/712