Evidhya | Microeconomics For Business

Microeconomics For Business

Instructor Name

Rijan Dhakal

BBS - TU

Reviews

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Course Content

1. Course Introduction

Preview 25 Min

1 Introduction on Microeconomics: Meaning, Scope, Uses and Limitation

58 Min

2 Business Economics: Nature and Scope

49 Min

3 Basic Concepts: Production Possibility Curve

33 Min

4 Basic Concepts: Marginal and Incremental Analysis, Static and Dynamic equilibrium Analysis

43 Min

5 Ten Principles of Economics

51 Min

6 Slides

1 Demand Function and Types

58 Min

2 Determinants of Demand Movement vs Shift in Demand Curve Individual and Market Demand Curve

46 Min

3 Supply Function: Types, Determinant of Supply, Movement and Shift in Supply Curve

56 Min

4 Difference between Movement and Shift in Supply Curve, Individual and Market Supply Curve, Market Equilibrium, Effect of Changes in Demand and Supply on Market Equilibrium

49 Min

5 Effects of Government Policy Tax Subsidy and Price Control in Market Equilibrium

56 Min

6 Concept of Market Efficiency Measuring Market Efficiency by CS and PS part I

47 Min

7 Concept of Market Efficiency Measuring Market Efficiency by CS and PS part II

31 Min

8 Numerical Question 1 to 4

50 Min

9 Numerical Question 5 to 8

51 Min

10 Numerical Question 9 to 11

53 Min

11 Numerical Question 12 and 13

43 Min

12 Numerical Question 14 and 15

34 Min

13 Numerical Question 16 to 19

18 Min

14 Numerical Question 20 and 21

59 Min

15 Numerical Question 22

35 Min

16 Numerical Question 22 and 23

14 Min

17 Slides Part -1

18 Slides Part -2

19 Slides Part -3

1 Elasticity of demand price elasticity concept and degrees

51 Min

2 Calculation of Price Elasticity

38 Min

3 Uses of Price Elasticity

21 Min

4 Income Elasticity of Demand: Concept, Degree, Calculation and Uses

39 Min

5 Cross Elasticity of Demand: Concept, Degree, Calculation and Uses

23 Min

6 Advertisement Elasticity: Concept, Degree, Calculation and Uses, Price Elasticity of Supply: Concept, Degree and Calculation

35 Min

7 Numerical Question 1 to 6

1 Hour 6 Min

8 Numerical Question 7 to 12

46 Min

9 Numerical Question 13 to 17

38 Min

10 Numerical Question 18 to 21

39 Min

11 Slides Part -1

12 Slides Part -2

1 Cardinal Approach: Assumptions and Basic Terminologies

36 Min

2 Cardinal Approach: Consumer's Equilibrium and Derivation of Demand Curve

54 Min

3 Ordinal Approach: Assumptions, Indifference Curve: Concept and Derivation

37 Min

4 Indifference Curves: MRS and Properties

26 Min

5 Price Line and Its Shift

42 Min

6 Consumer's Equilibrium

17 Min

7 Income Effect

51 Min

8 Cardinal Utility Analysis vs Ordinal Utility Analysis

20 Min

9 Price Effect

37 Min

10 Derivation of Demand Curves for normal Ordinal Approach

22 Min

11 Income Effect Derivation of Engel Curve or One Demand Curve

11 Min

12 Substitution Effects Derivation Curve

20 Min

13 Numerical question 1 to 2

37 Min

14 Numerical question 3 to 10

26 Min

15 Numerical question 11 to 13

39 Min

16 Numerical question 14

46 Min

17 Slides Part -1

18 Slides Part -2

1 Production Function and Its Type

30 Min

2 Cobb-Douglas production Function

35 Min

3 Concept of TP, AP and MP, Law of Variable Proportion

35 Min

4 Iso-quant, Iso-cost curve

43 Min

5 Optimal Employment of two inputs, Law of returns to scale

53 Min

6 Numerical question 1 to 6

42 Min

7 Numerical question 7 and 8

8 Min

8 Numerical question 9 and 10

47 Min

9 Numerical question 11 and 12

31 Min

10 Numerical question 13 to 15

27 Min

11 Slides

1 Meaning, Concepts and Function of Cost

45 Min

2 Short-run total cost (TC, TFC, TVC), Short-run Average Cost (AFC)

48 Min

3 Short-run Average Cost (AVC, ATC), Marginal Cost

26 Min

4 Reasons for U-Shaped SAC Curve

29 Min

5 Long-run Costs: Derivative of U-Shaped LAC Curve and LMC Curve Part I

35 Min

6 Long-run Costs: Derivative of U-Shaped LAC Curve and LMC Curve Part II

15 Min

7 Economies of Scale, Economics of Scope

28 Min

8 Revenue: Revenue Function, Basic Concepts of Revenue

38 Min

9 Relation Between AR and MR, Relation Between Price Elasticity and Revenue

31 Min

10 Numerical question 1 and 2

45 Min

11 Numerical question 3 to 10

45 Min

12 Numerical question 11 to 13

1 Hour 5 Min

13 Numerical question 14

9 Min

14 Slides Part -1

15 Slides Part -2

1 Market Structure: Concept and Characteristics

28 Min

2 Profit Maximization, Goal of Firm

14 Min

3 Perfect Competition: meaning Assumptions, Short-run and Long-run Equilibrium

1 Hour 7 Min

4 Derivation of Short run Supply Curve of Perfectly Competitive Firm and Industry

36 Min

5 Monopoly: Meaning, Assumptions, Price and Output Determination

36 Min

6 Economic Effects of Monopoly

20 Min

7 Monopolistic Competition

32 Min

8 Oligopoly: Concept and Characteristics

31 Min

9 Pricing under cartel aiming at joint profit maximization

27 Min

10 Pricing Practices: Price Discrimination

29 Min

11 Cost Plus Pricing, Incremental Cost Pricing

45 Min

12 Administered Pricing, Export Pricing, Predatory, Skimming and Penetration Pricing

43 Min

13 Numerical question 1 to 8

56 Min

14 Numerical question 9 and 10

37 Min

15 Numerical question 11

27 Min

16 Slides

1 Modern Theory of Rent

29 Min

2 Marginal Productivity: Theory of Wages

27 Min

3 Concept of Collective Bargaining and Minimum Wages Fixation

8 Min

4 Interest: Nominal and Real Interest Rates; Interest Rate Differentials

20 Min

5 Theories of Interest: Loanable Funds Theory of Interest

13 Min

6 Liquidity preference theory of interest Business and economic profit

35 Min

7 Theories of profit Dynamic theory of profit Innovation theory of profit

32 Min

8 Numerical Question 1 and 2

24 Min

9 Numerical Question 3

16 Min

10 Numerical Question 4 and 58

25 Min

11 Numerical question 6 to 7

27 Min

12 Slides

Profile Details

Rijan Dhakal

[email protected]

Academic Degree

Masters

Total Experience

20+ Years

Rijan Dhakal is a permanent lecturer of Economics at Nepal Commerce Campus, Tribhuvan University. He has teaching experience of more than a decade on Microeconomics, Macroeconomics, and Managerial Economics at respective academic levels. He is an extremely enthusiastic and dedicated lecturer who has been able to receive Mahendra Ratna Scholarship and was awarded with Nepal Rastra Bank Scholarship in Certificate Level, Bachelor’s Level and Master’s Degree for his outstanding performance in Economics with highest score. He is associated with several academic institutions and has published various articles related to economics in various journals, magazines and newspapers. His contribution to economic literature has been significant with several books on Managerial Economics, Economic Policy Analysis, Macroeconomics and Economics-II in both Nepali and English language. His way of teaching has gathered a significant amount of recognition and his contribution to evidhya while being the instructor is highly appreciated.