Microeconomics may be defined as the branch of economic analysis which studies the economic behavior of an individual economic unit may be a person, a particular households, a particular firm and an industry.

Macroeconomics is derived from the Greek word “Makros”, which means “big”. Hence, macroeconomics studies, not individual units but all the units combined together or the economy as a whole.

Introduction of Economics - Applied Economics

In this “Introduction of Economics - Applied Economics” you will learn about following topics:

  1. Microeconomics
  2. Types of Microeconomics
  3. Macroeconomics
  4. Types of Macroeconomics
  5. Interdependencies between Microeconomics and Macro-economics
  6. Difference between Micro-economics and Macro-economics
  7. Economic Inequality
  8. Types of Economic Inequality
  9. Measurement of Inequality
  10. Commonly Used Measures of Economic Inequality
  11. Equilibrium
  12. Types of Equilibrium
  13. Stock and Flow Ratio Variables

==== Point to Note ====

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BCA 6th Semester Applied Economics Notes Pdf:

  1. Unit II: Theory Of Consumer Demand - Applied Economics
  2. Unit III: Analysis Of Cost And Revenue - Applied Economics
  3. Unit IV: Theory Of Production - Applied Economics
  4. Unit V: Product Pricing - Applied Economics
  5. Unit VI: Factor Pricing - Applied Economics
  6. Unit VII: National Income - Applied Economics
  7. Unit VIII: Theory Of Employment - Applied Economics
  8. Unit IX: Consumption Saving And Investment Functions - Applied Economics
  9. Unit X: Business Cycle - Applied Economics
  10. Unit XI: The Mechanism Of Foreign Exchange - Applied Economics
  11. Unit XII: Macro Stabilizing Policies - Applied Economics
  12. Unit XIII: Economics of Development - Applied Economics