This class will be Introductory Microeconomics class.

As the words describing, it will be an attempt to cover the basic introduction of microeconomics.

Details:

1. An understanding of economics will be delievered. I will try to distinguish economy from economics.

2. With this, it would be important the understand the differences between microeconomics, and macroeconomics.

3. Thereafter, I will be covering positive economics and normative economics.

4. Then, It's important to understand the problem of scarcity and choices as it helps to make an understanding of tradeoff. With refernce to this, central problems in economy like what to produce, how to produce, and for whom to produce will be discussed.

5. Last but not the least, the discussion will be end by covering production possibility curve and opportunity costs. In this section, the emphasis will be given on how the goods can be produced in economy effieciently and how PPC can changes overtime due to change in technology.

About the Trainer

Avg Rating

Reviews

Students

Courses

Shweta Gupta

Doctor of Philosophy (Ph.D.), Bachelor of Arts (B.A.), Bachelor of Education (B.Ed.), Master of Arts (M.A.)

4 Years of Experience

I have co-authored an article titled ‘Covid-19, Population and Pollution- a roadmap for long run’ that was published in a blog Ideas for India. In this article, we tried to understand (using data) the causal relationship between population density and number of Covid cases in Indian districts, presented reasoning for how pollution could worsen the severity of cases and provided wide short and
long term measures in order to tackle the issues of population density and pollution and to reduce chances of spread of any similar disease in the future.During coursework on I worked on a term paper titled ‘Impact of FDI on Health Outcome Index in SAARC region’. As a part of my master’s thesis, I worked on ‘Understanding
commodification of Elementary Education – A case study of Telangana’ under the supervision of Prof. K. Laxminarayana. To meet the objective, I reviewed difficulties that came in between when we start treating education as a commodity. The secondary data analyses have been done using DPSIR- Approach for the year 2014-17. I have interned at the Centre for Socio-Economic and Political Research, where I worked on a project titled ‘Relationship between environmental and developmental indicators of Sustainable Development Goals - a cross sectional analysis’. Interning at the Ministry of Finance of
Government of India, under the supervision of Sh. Pawan Kumar (Deputy Secretary, Investment division) I wrote a paper titled ‘An analysis of Impact of FDI.