Microeconomics is the study of the allocation of scarce resources among individuals.
Economic theories are based on the assumption that individuals as well as firms have well
defined objectives; utility maximization for individuals and profit maximization for firms
and they act systematically according to the incentives and constraints of their economic
environment. It is this framework that allows the economist to gain a fundamental
understanding of the human puzzle in an economic setting. This course in the
fundamentals of economics covers consumer theory, producer theory as well as the
market structures through which individuals and firms interact.
INTENDED AUDIENCE: Undergraduate Economics Students, Professionals from other stream interested in learning Economics
Class 12 level mathsINDUSTRY SUPPORT: All Banking Enterprises