WEEK1
Students' Readiness Assessment Test; Basic Tools for Economic Analysis; Measures of Central Tendency (Grouped Data)
WEEK2
Measures of Dispersion (Range, Mean Deviation, Variance, Standard Deviation)
WEEK3
Theory of Consumer Behaviour: Utility (Total, Average and Marginal Utility), Law of Diminishing Marginal Utility, Utility Maximization
Lesson coming soon
WEEK4
Demand and Supply: Changes in Demand and Supply, Changes in Quantity Demanded and Supplied, Equilibrium Price and Quantity
Lesson coming soon
WEEK5
Elasticity of Demand: Meaning, Types, Measurement (Graphical Illustration), Importance
Lesson coming soon
WEEK6
Elasticity of Supply: Meaning, Types, Measurement and Importance
Lesson coming soon
WEEK7
Mid-term test / break
Lesson coming soon
WEEK8
Income Elasticity of Demand: Meaning, Measurement and Importance
Lesson coming soon
WEEK9
Cross Elasticity of Demand: Meaning, Types, Measurement and Importance
Lesson coming soon
WEEK10
Price Control/Price Legislation: Meaning, Types, (minimum and maximum)
Lesson coming soon
WEEK11
Rationing, Hoarding and Black Market
Lesson coming soon
WEEK12
Revision
Lesson coming soon
WEEK13
Examination
Lesson coming soon