This note explains the
following topics: Divisions of Economics, Importance of Economics,
Agricultural Economics Meaning, Definition , Law of Diminishing Marginal
Utility meaning, Definition, Assumption, Limitation, Importance,
Indifference curve approach, Consumer’s Surplus, National Income, Public
Revenue, Public Revenue, Public Expenditure, Inflation, meaning definition,
kind of inflation.
Managerial economics, as the name itself implies, is an
offshoot of two distinct disciplines: Economics and Management. In other words,
it is necessary to understand what these disciplines are, at least in brief, to
understand the nature and scope of managerial economics.This PDF covers the
following topics related to Managerial Economics : Introduction to Managerial
Economics, Theory of Demand, Production Analysis, Cost Theory and Estimation,
Market Structure and Pricing Practices.
Author(s): Ms. Swathi, Assistant Professor, Institute of
Aeronautical Engineering
This note
covers the following topics: Solow growth model, Ramsey growth model,
Diamond overlapping-generations model Endogenous growth and human capital
models, Empirical growth analyses, Business cycles and RBC models,
Traditional business-cycle models, New Keynesian IS-LM, Phillips curve,
Lucas imperfect-information model, Imperfect competition and sticky prices,
Dynamic pricing models, Unemployment models and Investment theory.
This note will provide
materiel from many areas related to behavioral economics. Topics covered
includes: bounded rationality, temptation and self control and reference
dependent preferences.
Transportation Economics is aimed at
advanced undergraduate and graduate civil engineering, planning, business,
and economics students, though the material may provide a useful review for
practitioners. Topics covered includes: Demand Curve, Demand and Budgets in
Transportation, The Shape of Demand, Supply and Demand Equilibrium,
Equilibrium in a Negative Feedback System, Disequilibrium, Agents,
Ownership, Regulation, Productivity, Revenue, Pricing, Supply chains,
Production and cost, Negative externalities, Positive externalities.
This note
will provide the student with an analytical framework for understanding key
trade and finance issues in an international environment. Topics covered
includes: General Equilibrium Model, Absolute and Comparative Advantage:
Ricardian Model, The Hecksher-Ohlin (HO) Model, HO Theorems, International
Finance, The Foreign Exchange Market, Purchasing Power Parity, The
relationship between exchange rates, interest rates.
This note
describes the following topics: Theory of the Firm, Investment Decisions,
Vertically Related Markets and Competition Policy, Product market
Differentiation and Imperfect Information, Technical Change and Market
Structure, Indian Industry, Industrial growth in India.
This note explains the
following topics: Simple Representative Agent Models, Growth With
Overlapping Generations, Neoclassical Growth and Dynamic Programming,
Endogenous Growth , Choice Under Uncertainty, Consumption and Asset Pricing,
Search, Money and Unemployment, Overlapping Generations Models of Money, A
Cash-In-Advance Model.
This note will focus both on models of economic growth and
their empirical applications, and try to shed light on the mechanics of
economic growth, technological change and sources of income and growth
differences across countries.
This note covers the following topics:
The AD Curve and the IS-LM Model, The IS-LM Model and the AD curve,The Money
Market, The AS Curve and the Labour Market, The Open Economy, Macroeconomic
Policy Issues.
Principles of
Political Economy (1848) by John Stuart Mill was arguably the most
important economics or political economy textbook of the mid nineteenth
century. It was revised until its seventh edition in 1871, shortly before
Mill's death in 1873, and republished in numerous other editions. Beside
discussing descriptive issues such as which nations tended to benefit more
in a system of trade based on comparative advantage, the work also
discussed normative issues such as ideal systems of political economy,
critiquing proposed systems such as communism and socialism.