Your roadmap · आपका रोडमैप
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Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
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Part 1 of the syllabusपाठ्यक्रम भाग 1Unit-wise coaching with notes and doubt classes.
Unit 1: Introduction to EconomicsUnit 2: Theory of Consumer BehaviourUnit 3: Demand and Supply
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Part 2 of the syllabusपाठ्यक्रम भाग 2Unit-wise coaching with notes and doubt classes.
Unit 4: Production and CostUnit 5: Market Structure and Price DeterminationUnit 6: Factor Pricing
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Unit tests & assignmentsयूनिट टेस्टRegular tests in the university / board pattern.
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Semester 1 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षाPrevious papers and full revision before the exam.
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Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
सिलेबस · पाठ्यक्रम
1 subject · 6 chapters · 37 topics
01Unit 1: Introduction to Economics
6 टॉपिक+
- Definitions of economics: Adam Smith, Marshall, Robbins, Samuelson
- Micro and macro economics
- Positive and normative economics
- Central problems of an economy
- Production possibility curve and opportunity cost
- Economic systems: capitalist, socialist, mixed
02Unit 2: Theory of Consumer Behaviour
7 टॉपिक+
- Utility: cardinal and ordinal approach
- Law of diminishing marginal utility
- Law of equi-marginal utility
- Consumer's surplus
- Indifference curves and marginal rate of substitution
- Budget line and consumer's equilibrium
- Price, income and substitution effects
03Unit 3: Demand and Supply
6 टॉपिक+
- Law of demand and its exceptions
- Change in demand versus change in quantity demanded
- Price, income and cross elasticity of demand
- Methods of measuring elasticity: percentage, total outlay, point
- Law of supply and elasticity of supply
- Market equilibrium and shifts in demand and supply
04Unit 4: Production and Cost
7 टॉपिक+
- Production function
- Law of variable proportions
- Returns to scale
- Isoquants and producer's equilibrium
- Cost concepts: fixed, variable, average, marginal, opportunity cost
- Short-run and long-run cost curves
- Revenue concepts: TR, AR, MR
05Unit 5: Market Structure and Price Determination
6 टॉपिक+
- Market forms and their features
- Equilibrium of firm and industry under perfect competition
- Price and output under monopoly
- Price discrimination
- Monopolistic competition: product differentiation and selling costs
- Oligopoly and the kinked demand curve
06Unit 6: Factor Pricing
5 टॉपिक+
- Marginal productivity theory of distribution
- Ricardian and modern theory of rent; quasi-rent
- Theories of wages
- Classical and liquidity preference theories of interest
- Theories of profit: risk, uncertainty, innovation
About this course
आप यह कर पाएँगे
- Explain the definitions, scope and central problems of economics and the production possibility curve
- Analyse consumer behaviour with the utility and indifference curve approaches
- Measure price, income and cross elasticity of demand and explain market equilibrium
- Explain the law of variable proportions, returns to scale and short- and long-run cost curves
- Explain price and output determination under perfect competition, monopoly, monopolistic competition and oligopoly
- Explain the theories of rent, wages, interest and profit
- Answer short, long and objective questions in the university exam pattern
यह किसके लिए है
- B.A Semester 1 students with Economics as a major subject (UP State Universities, NEP 2020)
- Students of other courses who take Microeconomics as a minor or elective paper
- Learners preparing for competitive exams that include basic economics
आपको क्या चाहिए
- Passed Class 12 (any stream); basic arithmetic and the ability to read simple graphs
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
सवाल
Which syllabus does this course follow?
It follows the UP State Universities NEP 2020 common minimum syllabus (MGKVP, VBSPU, Lucknow University and others) for B.A Economics, Semester 1. Where your own university's syllabus differs, the centre follows your university syllabus.
How will I be tested?
Unit-wise MCQ tests, short and long answer practice in university exam pattern, and a final mock paper.
Is mathematics needed for this paper?
Only simple arithmetic and graphs: percentages for elasticity, averages for costs, and reading curves.
Can a non-commerce student take it?
Yes. The course starts from basic definitions and builds every graph step by step.
