CLASS 11: Economics ( Micro & Statistics ) Complete Course Fess

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Micro-Economics Course Contents


S.No.

Contents

I

Introduction to Micro Economics

1.

Introduction

2.

Economic Problem

3.

Meaning and types of Economics

4.

Central Problems of Economy

5.

Opportunity cost and Production Possibility Curve( PPC)

II

Consumer’s Equilibrium

6.

Introduction

7.

Cardinal Utility Approach

8.

Concept of Utility

9.

Law of Diminishing Marginal Utility

10.

Consumer Equilibrium(Single Commodity, Two Commodities)

11.

Ordinal Utility Approach(Indifference curve Analyzed)

12.

Budget Line

13.

Consumer Equilibrium

III

Demand

14

Meaning of Demand

15

Determinants & function of Individual & Market Demand

16

Demand Schedule & curve

17

Law of Demand

18.

Movement along the Demand Curve

19

Shift in Demand Curve

20

Types of Goods

IV

Elasticity of Demand

21

Concept of Elasticity of Demand & Price Elasticity of Demand

22

Methods for measuring price Elasticity of Demand

23

Relationship between Price Elasticity & Total Expenditure

24.

Degrees of Elasticity of Demand

25

Factors affecting Price Elasticity of Demand

V

Production Function

26

Introduction

27.

Short Run & Long Run Production Function

28.

Variable factors & Fixed Factors

29

Concept & Types of Product

30

Returns to a factor ; law of Variable Proportions

31

Law of Diminishing returns

32

Law of Returns to scale

33

Relationship between TP & MP

34

Relationship between AP & MP

VI

Cost

35

Meaning of Cost

36

Short Run costs

37

Average costs

38

Marginal Cost

39

Relationship between Short Run Cost Curves

VII

Revenue

40

Concept of Revenue

41

Relationship between AR & MR (When Price remains Constant)

42

Relationship between TR & MR (When Price remains Constant)

43

Relationship between AR & MR (When Price falls with rise in output)

44

Relationship between TR & MR (When Price falls with rise in output)

45

Break Even Point & Shut-down Point

VIII

Producer’s Equilibrium

46

Introduction & Meaning of Profit

47

Producer’s Equilibrium& Methods for Determination

48

Marginal Revenue-Marginal Cost Approach (MR-MC approach)

49

Producer’s Equilibrium ( When Price Remains constant )

50

Producer’s Equilibrium ( When price falls with the rise in output)

IX

Supply

51

Meaning of Supply

52

Determinants of Individual & Market supply & Supply Function

53

Supply Schedule & Curve

54

Law of Supply

55

Movement along the supply curve

56

Shift in supply curve

X

Price Elasticity of Supply

57

Meaning of price elasticity of supply

58

Methods for measuring price elasticity of supply

59

Kinds of Elasticity of supply

XI

Market Forms

60

Meaning of market

61

Perfect competition

62

Monopoly

63

Monopolistic Competition

64

Oligopoly

65

Price Determination & its applications

XII

Price Determination & its applications

s

Determination of Market Equilibrium under perfect competition

67

Viable & Non-viable Industry

68

Effects of changes in Demand & supply on Market Equilibrium

69

Change in demand

70

Change in supply

71

Change in both demand & supply

72

Special cases related to price elasticity

73

Applications – Price ceiling & Price floor (MSP)


Statistics Course Contents


S.No.

Contents

I

Economics : An Introduction

01

Introduction

02

Meaning Of Economics

03

Economics & Non Eco Activities

II

Statistics: An Introduction

04

Introduction And Types Of Data

05

Functions, Importance And Limitations Of Statistics

III

Collection Of Data

06

Introduction And Type Of Data

07

Primary & Secondary Data

08

Methods Of Collecting Primary Data

09

Construction Of Questionnaire Or Schedule

10

Census & Sampling Techniques

11

Methods Of Sampling ( Random Sampling)

12

Non-Random Sampling

13

Statistical Error

14

Sources Of Secondary Data

15

Precautions In Use Of Secondary Data

IV

Organization Of Data

16

Introduction & Meaning Of Classification

17

Methods Of Classification

18

Concept Of Variable & Frequency

19

Statistical Series And Its Kinds ( Individual, Discrete, Continuous)

20

Types Of Continuous Series

21

Bi-Variate Frequency Distribution

V

Tabular Presentation

22

Introduction

23

Essentials Of A Good Table

24

Parts Of A Table

25

Types Of Table

26

Numerical

VI

Diagrammatic Presentation

27

Introduction, Advantages Of Diagrammatic Presentation

28

Guidelines For Diagrammatic Presentation

29

Types Of Diagram

30

One-D Diagram Or Bar Diagram

31

Pie Diagram

32

Limitation Of Diagrammatic Presentation

VII

Graphical Presentation

33

Introduction And Advantages Of Graphical Presentation

34

Construction Of Graphics

35

Types Of Graphics

36

Frequency Distribution Graphs

37

Time Series Graph

38

Limitations Of Graphic Presentation

VIII

Measures Of Central Tendency –Arithmetic Mean

39

Meaning ,Objective And Function Of Averages

40

Essential Requirements And Types Of Measure Of Central Tendency

41

Meaning Of Arithmetic Mean And Types Of Series (Individual; Discrete And Continuous)

42

Charlier’s Accuracy Check

43

Calculation Of Missing Value

44

Mean In Special Cases

45

Properties; Merits And Demerits Of Arithmetic Mean

46

Weighted Mean

IX

Median And Quartiles

47

Meaning Of Positional Averages And Median

48

Calculation Of Median For (Individual; Discrete And Continuous)

49

Median In Special Cases

50

Graphic Location Of Median

51

Properties; Merits And Demerits Of Median

X

Mode

52

Meaning And Calculation Of Mode (Individual; Discrete And Continuous)

53

Mode By Graphical Method

54

Mode In Special Cases

55

Merits And Demerits Of Mode

56

Relationship And Comparison Between Mean; Median And Mode

XI

Dispersion

57

Meaning; Types; Objectives And Methods Of Dispersion

58

Range And Coefficient Of Range

59

Quartile Deviation

60

Mean Deviation

61

Standard Deviation And Combined Standard Deviation

62

Lorenz Curve

XII

Correlation

63

Introduction; Meaning And Importance Of Correlation

64

Types And Degree Of Correlation

65

Methods Of Measurements Of Correlation- Scatter Diagram

66

Karl Pearson’s Coefficient Of Correlation

67

Spearman’s Rank Correlation Coefficient

XIII

Index Numbers

68

Meaning And Problems In Construction Of Index Numbers

69

Types Of Index Numbers And Construction Of Price Index Numbers

70

Un Weighted Index Numbers

71

Weighted Index Numbers

72

Consumer Price Index (Cpi)

73

Index Of Industrial Production

74

Uses And Limitations Of Index Numbers

75

Inflation And Index Numbers

76

Wholesale Price Index Numbers

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Author : Dr Rupal Mathur

Dr. Rupal mathur completed her Doctor of Philosophy (Ph.D.) degree from Department of Business Finance and Economics, Jai Narain Vyas University, Jodhpur, Rajasthan. Dr. Rupal Mathur holds the first class Master of Business Administration (MBA) and Bachelor of Commerce (B.Com.) with high meritorious academic background. She is having 12 years of teaching experience in prestigious organizations which includes 10 years of post graduate teaching and research. She is author of various books in commerce and management. She has presented various National and International Research papers in india and abroad. Dr. Rupal Instructed students on diverse subject matters including Quantitative Techniques, Financial Management, Management Accounting Production and Operations Management, International Financial Management, Business Statistics.