Micro-economics - KATHMANDU UNIVERSITY SCHOOL OF LAW BBM,LL.B Semester II Course Syllabus Course Title Course Code Number Credit Hours Course Objective

Micro-economics - KATHMANDU UNIVERSITY SCHOOL OF LAW...

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KATHMANDU UNIVERSITY SCHOOL OF LAW BBM,LL.B Semester - II Course Syllabus Course Title MICROECONOMICS Course Code Number ECO 201 [School of Management] Credit Hours 3 Course Objective Main Objective The objective of the course is to acquaint students with the basic concepts of Microeconomic Theory. The course intends to enable participants understand and analyze economic behavior of individual decision-making entities or units such as markets, firms/enterprises and households, thereby facilitating them understand the use of Microeconomics in managerial decision-making. Learning Unit Learning Unit One Net Contact Hours -4 hrs 1. Introduction to Microeconomics and Basic Concepts Introduction; Basic issues in Economics: Scarcity, Efficiency and Alternatives; Basic Division/Classification of Economic Studies; Introduction to Microeconomics; Scope and Purpose of Microeconomics and its Significance in Business Decision Making; Microeconomics and Macroeconomics - basic differences; Need for Economic Models, Assumptions, Theories, Laws and Hypotheses in Microeconomics.
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