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BTMC-134 Introductory Microeconomics | Guess Papers of IGNOU

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BTMC-134 Introductory Microeconomics | Guess Papers of IGNOU

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This course introduces the fundamental concepts of microeconomics, focusing on how individuals and businesses make decisions regarding the allocation of resources. It covers demand and supply analysis, market structures, consumer behavior, and production costs.
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  • Basic principles of microeconomics and their applications.
  • Detailed study of market mechanisms and price determination.
  • Analysis of consumer behavior and decision-making processes.
  • Insights into various market structures and business strategies.
Category : BACHELOR‘S DEGREE PROGRAMMES
Sub Category : Bachelor of Arts (Vocational Studies) Micro Small and Medium Enterprises (BAVMSME)
Products Code : BAVMSME-C-3.19
HSN Code : 490110
Language : English, English
Author : BMAP EDUSERVICES PVT LTD
Publisher : BMAP EDUSERVICES PVT LTD
University : IGNOU (Indira Gandhi National Open University)
Pages : 50
Weight : 157gms
Dimensions : 21.0 x 29.7 cm (A4 Size Pages)



Details

BTMC-134 Introductory Microeconomics is an essential course for students pursuing a Bachelor of Arts in Vocational Studies with a focus on Tourism Management. This course equips students with a foundational understanding of how economic principles influence the tourism industry and broader business environments. Students will gain insights into the mechanisms of supply and demand, market equilibrium, and the behavior of consumers and firms. The course also explores different market structures such as perfect competition, monopoly, oligopoly, and monopolistic competition, providing a comprehensive view of how businesses operate and compete.

Benefits:

  • Enhances Understanding of Economic Principles: Provides a solid foundation in microeconomic theory, crucial for understanding market dynamics.
  • Practical Application: Equips students with the knowledge to apply economic concepts to real-world scenarios in the tourism sector.
  • Exam Preparation: The course material is tailored to cover important questions frequently appearing in IGNOU exams, aiding in effective exam preparation.
  • Career Advancement: Knowledge gained from this course is valuable for careers in tourism management, business strategy, and economic analysis.

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