Page 6 - DECO401_MICROECONOMIC_THEORY_ENGLISH

CONTENT

Unit 1: Introduction to Microeconomics 1
Pavitar Parkash Singh, Lovely Professional University

Unit 2: The Concept of Equilibrium 11
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Unit 3: Consumer Theory–Cardinal Utility Analysis 23
Pavitar Parkash Singh, Lovely Professional University

Unit 4: Ordinal Utility Theory: Indifference Curve Approach 41
Pavitar Parkash Singh, Lovely Professional University
Unit 5: The Revealed Preference Theory of Demand 83
Hitesh Jhanji, Lovely Professional University

Unit 6: Theory of Demand and Elasticity of Demand 95
Hitesh Jhanji, Lovely Professional University

Unit 7: Recent Developments in Demand Theory 131
Tanima Dutta, Lovely Professional University

Unit 8: Production Function and Law of Production 151
Tanima Dutta, Lovely Professional University
Unit 9: Theory of Cost and Revenue 171
Dilfraz Singh, Lovely Professional University

Unit 10: Isoquant Curve 200
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Unit 11: Concepts of Revenue 220
Hitesh Jhanji, Lovely Professional University
Unit 12: Pricing Under Perfect Competition 235
Hitesh Jhanji, Lovely Professional University

Unit 13: Theory of Monopoly Firm 246
Dilfraz Singh, Lovely Professional University

Unit 14: Theory of Monopolistic Competition 265
Pavitar Parkash Singh, Lovely Professional University

Unit 15: Theory of Oligopoly 276
Pavitar Parkash Singh, Lovely Professional University
Unit 16: Duopoly and Oligopoly: Cournot Model and Kinked Demand Curve 283
Dilfraz Singh, Lovely Professional University

Unit 17: Bain’s Limit Pricing Theory 292
Tanima Dutta, Lovely Professional University
Unit 18: Profit Maximization and Full Cost Pricing Theories 301
Tanima Dutta, Lovely Professional University