BCOG 171 Principles of Micro Economics | Quick Readable Notes For IGNOU Exam

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Supply and Demand: Understanding market equilibrium and factors influencing prices.
Market Structures: Analysis of competitive markets, monopolies, oligopolies, and monopolistic competition.
Consumer Behavior: Study of utility theory and rational choice theory in consumer decision-making.
Production and Costs: Examination of production functions, cost curves, and profit maximization.

Category	: BACHELOR‘S DEGREE PROGRAMMES
Sub Category	: Bachelor of Commerce (BCOMG)
Products Code	: BCOMG-GE-3.02
HSN Code	: 490110
Language	: English
Author	: BMAP EDUSERVICES PVT LTD
Publisher	: BMAP EDUSERVICES PVT LTD
University	: IGNOU (Indira Gandhi National Open University)
Pages	: 100-130
Weight	: 157gms
Dimensions	: 21.0 x 29.7 cm (A4 Size Pages)

Details

BCOG 171 Principles of Microeconomics provides foundational knowledge in microeconomic theory essential for commerce students. The course covers topics such as supply and demand dynamics, different market structures, consumer preferences, and production theory. By studying these concepts, students gain insights into economic decision-making at both individual and business levels. Practical applications and case studies enhance understanding, preparing students for real-world scenarios in business and economics.

Key Features and Benefits:

Conceptual Clarity: Clear explanation of fundamental microeconomic principles.
Application Focus: Practical examples and case studies to illustrate theoretical concepts.
Exam Preparation: Comprehensive notes covering syllabus topics in 100-130 pages for efficient revision.
Career Relevance: Essential knowledge for careers in economics, business management, finance, and policy analysis.

Exam Preparation and Quick Readable Notes:

Concise Notes: Summarizes key theories, formulas, and case examples for quick understanding.
Structured Content: Organizes topics systematically to aid in exam preparation and revision.
Focus on Essentials: Emphasizes critical concepts and their applications in microeconomic decision-making.

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BCOG 171 Principles of Micro Economics | Quick Readable Notes For IGNOU Exam