Module 3:

Course Summaries

This course discusses the fundamental concept of National Income Accounting. If you are new to Economics or if you are interested to study Economics especially macroeconomics, I would recommend to take this course for basic understanding. This course is also very helpful for 1st Semester Economics Honors students.

Learning Objectives

Characteristics of a Perfectly Competitive Market

Short run equilibrium of the firm under perfect competition

Mathematical derivation of the equilibrium of the firm

The supply curve of the firm and the industry

Short run equilibrium of the industry

Long run equilibrium of the firm

Long run equilibrium of the industry

Prerequisites & Requirements

To participate in this course, you should have some ideas of basic Economics. No domain knowledge is required.

Course Materials

PPT

Video Presentation

Short Note

References

Assessment

Relevant Multiple Choice Questions (MCQ) are framed in order to assess the understanding about the concept of Economics.

Please click on the link below

Online MCQ on Perfect Competition

Feedback

I would love it if you could fill out this Feedback Form and let me know what are your honest thoughts about this e-learning course. Don't leave anything out as this is an opportunity for me to improve my sessions.

Please click on the link below

Feedback Form

Instructor

Dr. Gargi Basu