DIU-BLC
Economics (Fall 22)
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Principles of Economics
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Meet Link for online class
Live class recording- Fall 2022
Video Tutorials from your teacher
Welcome note
Course Summary
Text Book for download
Course Outine
Assessment Timeline
Course Instructor
Week 1 & 2- Chapter-1: The central concepts of Economics
Let's discuss
Quiz-1
Lecture Slides- Chapter-1: Economics basic
Student Enagement
Live Lecture-1
Live Lecture-2
Live Lecture-3
Assignment-1: Make a glossary on 1st chapter
Basic Question-1
Week- 3: Economic structure of a country
Common characteristics of a developing country
Does perfect economy exists?
Perfect Economy? Write your Opinion and arguments
Does Immigration has the impact on economy?
How rich become richer?
Lecture Slides: Economic Systems
How rich nation becomes richer?
Why rich nation is becoming richer and poor are poorer?
Week 4 and 5: Demand and Supply
What is demand and supply?
Supply demand in equilibrium
Shift in demand
Mathematical Application: Demand and Supply
Live Lecture-4: The law of demand
Live Lecture-5: Law of diminishing marginal utility
Lecture Slides on Demand and Supply
Live Lecture-6: Change of Demand
Live Lecture-7: The law of Supply and Change/ shift in supply
Math: Demand and Supply
Solution: Jamboard
Live lecture-8: Math demand and supply
Live Lecture-09: Math Demand and Supply
Demand Schedule- New
Demand Analysis
Mind Mapping Demand and Supply
Shift in demand
Forum: When Demand theory does not work?
Problem and Solutions- PART 1
Consumer Surplus,Producer Surplus and Total Surplus
Problem and Solutions- PART 2
Quiz-2: Demand and Supply
Midterm Examination
Week 6& 7: Elasticity of Demand
What is elasticity of demand?
Price elasticity of demand
Income elasticity of demnad
Lecture slides- 1st part
Elasticity of demand- part-2
Live lecture- Elasticity part-1
Live lecture-elasticity part-2
Lecture Slides- part-3: Income Elasticity
Lesson Activity-1: Price elasticity of demand
Self Test- Elasticity
Solve the case
Lecture slides: Mathematical Applications of Elasticity
Live Lecture: Mathematical applications of elasticity
Quiz-3: Elasticity
Cross Elasticity of Demand
Assignment on Elasticity of Demand
Presentation
Submit your Video Presentation Here
Week 8 and 9: Consumer behaviour: theory and applications
Consumer Behaviour
Consumer Preferences
Indifference Curve Analysis
Types of Goods and Attributes
Lesson Activity-2: The Growth of Tech Sector Economic Dominance
Interactive content-1: Consumer Behaviour and Preferences
Indifference curve
Lecture Slides: Consumer Behaviour Analysis
Budget Contraints
Consumer Optimization
Live Lecture: Consumer Behavior Analysis
Week 10 &11: Supply, costs and profits
Supply, costs and profits
The supply curve
The Elasticity of Supply
Diminishing Marginal Return and Production Function
Production function
Short Run production Short run cost
Economies of scale and long run cost
The Cost of Production
Cost of Production
Week-12 Firms’ objectives and behaviour
Profit Maximization
Maximizing profit under competition
Maximizing profit under monopoly
Consumer surplus, producer surplus and dead weight loss
Forum: Which one is important for the business ? profit? or Wealth?
week 13& 14: Market Structure
Porter's Five Forces Dimension
Market Structure
Lecture Slides Porter's framework
Lecture Slides: Market Structure
Final Examination
Final Examination Answer Script- Submit Here
Final Examination Summer 2020
Video Case Study
Video case 1: Behind Costco's Treasure-Hunt Shopping Strategy
Video Case Study 2:The Economics of IKEA: Why Does Labor Lead to Love?
Video Case Study-3: The Unconventional Franchise Model Behind Chick-fil-A’s Success
Video Case Study-4: The Unconventional Franchise Model Behind Chick-fil-A’s Success
Assignment on Review Writing
Event Reporting
Event Reporting
2nd Part: Macroeconomics
Lecture slide
Alternative slides
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(ECO-314 (MS-203))
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DIU
Faculty of Business & Entrepreneurship
Innovation and Entrepreneurship
IE Fall 2022
(ECO-314 (MS-203))
Summary
Economics (Fall 22)
Teacher:
Mrittika Shil
Skill Level
:
Beginner