Unit III: Analysis of Cost and Revenue | BCA 6th Semester Applied Economics Notes Pdf

Cost is the most important factor which influences the supply of commodities. Since the highest cost reduces the profits of the producer it is a very important factor to consider very seriously by the producer.

In this “Analysis of Cost and Revenue - Applied Economics” you will learn about following topics:

1. Nature and Types of Cost Curves
2. Concept of Costs
3. Types of Costs
4. Time and Costs
5. Short Run Period
6. Short Run Total Costs and Curves
7. Short Run Average Cost and Curves
8. Short Run Marginal Cost (MC)
9. Long Run Period
10. Long-Run Cost Curves
11. The relation between Average Cost and Marginal Cost Curve
12. Nature and Type of Revenue Curve
13. Concept of Revenue
14. Derivation of TR, AR and MR Curve under Different Market Structure
15. Perfect Competition
16. Imperfect Competition (Monopoly)

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BCA 6th Semester Applied Economics Notes Pdf:

• Unit I: Introduction Of Economics
• Unit II: Theory Of Consumer Demand
• Unit IV: Theory Of Production
• Unit V: Product Pricing
• Unit VI: Factor Pricing
• Unit VII: National Income
• Unit VIII: Theory Of Employment
• Unit IX: Consumption Saving And Investment Functions
• Unit X: Business Cycle
• Unit XI: The Mechanism Of Foreign Exchange
• Unit XII: Macro Stabilizing Policies
• Unit XIII: Economics of Development