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Raj Introductory Micro Economics For BA 1 Sem PU Chandigarh

by Madhurima
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23 Customer Review

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  • Q1
    Is this book strictly based on the latest Panjab University Chandigarh BA 1st Semester syllabus for Introductory Microeconomics (ECO-MDC-1101)?
    A1

    Yes, this book is meticulously crafted to cover 100% of the latest prescribed syllabus for the ECO-MDC-1101 multidisciplinary course.

  • Q2
    Does the book include solutions to numerical problems or is it purely theoretical?
    A2

    As per the PU CHD syllabus for this introductory course, the focus is primarily on theoretical concepts. The book provides detailed theoretical explanations as required.

  • Q3
    How does this book help in preparing for the specific question paper pattern of 7 questions?
    A3

    The content is organized by unit, mirroring the exam structure. This helps students practice answering 18-mark questions from each unit and prepares them for the short-answer questions from the entire syllabus.

  • Q4
    Is this book suitable for someone with no prior knowledge of economics?
    A4

    Absolutely. As a 100-level course book, it is designed for beginners, introducing fundamental concepts in a simple and structured manner.

  • Q5
    Does it cover the topic of the Circular Flow of Economic Activity mentioned in the syllabus?
    A5

    Yes, Unit I of the book comprehensively covers the Circular Flow of Economic Activity as part of the "Functions of an Economic System."

  • Q6
    Are graphs and diagrams, essential for economics, explained clearly in this book?
    A6

    Yes, the book includes and clearly explains all necessary graphs, diagrams, and curves related to demand, production, cost, and market equilibrium to aid visual learning.

  • Q7
    Is the internal assessment component (7 marks) covered in this book?
    A7

    While the book covers the core theoretical content (68 marks), specific internal assessment activities are typically designed by the college faculty. The book's solid conceptual foundation will help students perform well in those assessments.

  • Q8
    Can this book be used for competitive exams like UPSC alongside my BA course?
    A8

    This book provides a strong foundational knowledge of microeconomics. However, competitive exams have a wider and deeper syllabus, so you would need specialized resources tailored for those exams.

  • Q9
    How is the topic "Returns to Scale" different from "Law of Variable Proportions," and does the book clarify this?
    A9

    Yes, Unit II of the book clearly distinguishes between these two important production concepts, explaining "Returns to a Factor" (short-run) and "Returns to Scale" (long-run) with appropriate examples.

  • Q10
    Does the book explain the exceptions to the Law of Demand, such as Giffen goods or Veblen goods?
    A10

    Yes, the chapter on the Theory of Demand in Unit I includes a detailed discussion on the various exceptions to the Law of Demand.

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Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    Is this book strictly based on the latest Panjab University Chandigarh BA 1st Semester syllabus for Introductory Microeconomics (ECO-MDC-1101)?
    A1

    Yes, this book is meticulously crafted to cover 100% of the latest prescribed syllabus for the ECO-MDC-1101 multidisciplinary course.

  • Q2
    Does the book include solutions to numerical problems or is it purely theoretical?
    A2

    As per the PU CHD syllabus for this introductory course, the focus is primarily on theoretical concepts. The book provides detailed theoretical explanations as required.

  • Q3
    How does this book help in preparing for the specific question paper pattern of 7 questions?
    A3

    The content is organized by unit, mirroring the exam structure. This helps students practice answering 18-mark questions from each unit and prepares them for the short-answer questions from the entire syllabus.

  • Q4
    Is this book suitable for someone with no prior knowledge of economics?
    A4

    Absolutely. As a 100-level course book, it is designed for beginners, introducing fundamental concepts in a simple and structured manner.

  • Q5
    Does it cover the topic of the Circular Flow of Economic Activity mentioned in the syllabus?
    A5

    Yes, Unit I of the book comprehensively covers the Circular Flow of Economic Activity as part of the "Functions of an Economic System."

  • Q6
    Are graphs and diagrams, essential for economics, explained clearly in this book?
    A6

    Yes, the book includes and clearly explains all necessary graphs, diagrams, and curves related to demand, production, cost, and market equilibrium to aid visual learning.

  • Q7
    Is the internal assessment component (7 marks) covered in this book?
    A7

    While the book covers the core theoretical content (68 marks), specific internal assessment activities are typically designed by the college faculty. The book's solid conceptual foundation will help students perform well in those assessments.

  • Q8
    Can this book be used for competitive exams like UPSC alongside my BA course?
    A8

    This book provides a strong foundational knowledge of microeconomics. However, competitive exams have a wider and deeper syllabus, so you would need specialized resources tailored for those exams.

  • Q9
    How is the topic "Returns to Scale" different from "Law of Variable Proportions," and does the book clarify this?
    A9

    Yes, Unit II of the book clearly distinguishes between these two important production concepts, explaining "Returns to a Factor" (short-run) and "Returns to Scale" (long-run) with appropriate examples.

  • Q10
    Does the book explain the exceptions to the Law of Demand, such as Giffen goods or Veblen goods?
    A10

    Yes, the chapter on the Theory of Demand in Unit I includes a detailed discussion on the various exceptions to the Law of Demand.

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