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  • Business Economics ( Micro and Macro) (Spring 2024)
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    Welcome to the course Business Economics (ECO-401)
    Announcements
    Course Summary
    Assessment Plan
    Reference Book-1
    Reference Book-2
    Course Outline
    Topic 1: The central concepts of Economics
    Topic 1: The central concepts of Economics
    Handwritten Material: The Law of Diminishing Marginal Utility ✅
    What is Economics?
    Scarcity, Choice and Opportunity Cost
    What is Scarcity, Choice, Opportunity Cost, Utility &The Basic Economic Problem?
    Introduction to Economics: Scarcity and Opportunity Cost
    Scarcity, Choice and Opportunity Cost
    Introduction to utility
    The Law of Diminishing Marginal Utility Explained in One Minute: From Definition to Examples
    Central concepts of Economics
    Short Quiz
    Resource Scarcity Game 💭
    Resource Scarcity Game
    Resource Scarcity Game 💭
    Winner of Resource Scarcity Game 🎁
    Topic-2 : Demand in Economics
    Topic 2: Demand in Economics
    Economic Demand
    The Laws of Demand and Supply
    How does The Law of Supply and Demand work?
    Difference between NEED, WANT and DEMAND
    Understanding Needs, Wants, Demands, and Supply - Basic Concepts of Economics
    Need vs Wants vs Demand
    Demand in Economics
    Short Quiz
    Assignment ✅
    Topic-3: Supply in Economics
    Topic 3: Supply in Economics
    Law of supply
    The Supply Curve
    Movement vs Shift of Supply Curve
    Factors affecting supply
    Factors Affecting Supply
    Supply-Demand Curve
    Shifts in the Supply Curve
    Movement in the Supply Curve
    Supply in Economics
    Short Quiz
    Topic-4: Market Equilibrium/Price Determination
    Topic 4: Market Equilibrium/Price Determination
    Market equilibrium
    The Equilibrium Price and Quantity
    What is Economic Equilibrium?
    Changes in equilibrium price and quantity when supply and demand change
    Changes in Equilibrium Prices
    Equilibrium price and quantity from changes in both supply and demand
    Market Equilibrium
    Market Equilibrium
    Short Quiz
    Topic 5: Market Structure
    Topic 5: Market Structure
    Market and Types of Market
    Differences between Monopoly and Oligopoly
    Monopolies vs. perfect competition
    💭
    Topic-6: Economic structure of a country
    Topic 6: Economic structure of a country
    Common characteristics of a developing country
    Does perfect economy exists?
    How rich nation becomes richer?
    Becoming A Developing Nation: Bangladesh reaches A Milestone
    How Bangladesh Became a Developing Country
    Bangladesh (Next China) Economic Growth Miracle - Why Bangladesh’s Economy is booming?
    What is a Developing Country?
    Classifying Developed and Developing Countries
    Third World vs First World Countries - What's The Difference?
    Economic structure of a country
    Topic-7: Economic Systems
    Topic 7: Economic Systems
    Economic Systems: Capitalist vs Socialist economies
    Socialism or Capitalism: Which is Better?
    Mixed Economy Systems
    Mixed Economy - Meaning, Characteristics, Advantages & Disadvantages
    What Is Consumer Surplus?
    Economic Systems
    Topic 8: Elasticity of Demand
    Topic 8: Elasticity of Demand
    Additional Handwritten Material
    Submit your class activity here! ✅
    Introduction to price elasticity of demand
    Determinants of price elasticity of demand
    Income elasticity of demand
    Cross elasticity of demand
    Elasticity of supply
    Elasticity and strange percent changes
    Let's think! 💭
    Elasticity of Demand Math
    Assignment ✅
    Submit your Assignment here ✅ (Elasticity of Demand Math)
    Quiz 4 ✅
    Start your Quiz-4 here!
    Topic-9: Production Possibilities Frontier
    Final Notes!
    Topic 9: Production Possibilities Frontier
    Handwritten Material ✅
    Production possibilities frontier
    Allocative efficiency and marginal benefit
    Production Possibility Frontier (PPF) explained
    Production possibilities frontier
    Production Possibility Frontier (PPF) and Efficiency
    (Production Possibility Frontier/Curve, PPF, PPC) Why can't things be free?
    Production Possibilities Curve as a model of a country's economy
    Production Possibilities Frontier
    Production Possibilities Frontier
    Short Quiz
    Topic 10: Cost of Production
    Final Notes!
    Handwritten Material
    Topic 10: Cost of Production
    The Cost of Production
    Marginal cost and average total cost
    Fixed, Variable, and Marginal Cost
    Let's think! 💭
    Class activity ✅
    Fixed Cost vs Variable Cost
    Formulate Cost Table and Graph ✅
    Topic 11: Consumer Behavior
    Topic 11: Consumer Behavior
    Consumer Behavior
    Understanding consumer behavior, from the inside out
    Warren Buffett: Just Looking At The Price Is Not Investing
    Let's reflect! 💭
    Topic 12: Fiscal and Monetary Policy
    Topic 12: Fiscal and Monetary Policy
    Fiscal Policy explained
    Introduction to Fiscal Policy
    Monetary Policy explained
    Expansionary Monetary policy and Contractionary Monetary Policy
    Fiscal and Monetary Policy
    Topic 13: GDP, GNP, CPI
    Topic 13: GDP, GNP, CPI
    What is GDP?
    What is Gross Domestic Product (GDP)?
    What is GDP (Gross Domestic Product)?
    GDP Vs GNP: Difference between them with definition & comparison
    How the Consumer-Price Index Measures Inflation
    Consumer Price Index
    Write differences between GDP and GNP.
    What are the limitations of GDP, GNP and CPI?
    Class Activity ✅
    GDP Math
    Topic 14: Inflation
    Topic 14: Inflation
    What is Inflation?
    How The U.S. Made Inflation Worse
    Inflation Explained: What is Inflation, Types and Causes?
    Controlling Inflation
    Quiz-4!!! ✅
    Start your Quiz-4 here!!
    Presentation ✅
    Submit your presentation drive file link here ✅
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    Course info

    Business Economics ( Micro and Macro) (Spring 2024)

    • Teacher: FARIZA RAHMAN PRODHAN
    • Teacher: Fariza Rahman Prodhan
    Skill Level: Beginner

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