Lesson Plan
Name: Dr. Yashpal Singh
Class:BA 2nd semester
Subject: MIcro Economics
Duration: 17 weeks (from January 2018 to April 2018)
Week 1 AssignmentsDate 1.1.2018
- Market: meaning; features
Date 2.1.2018
- Main forms of market structure (contd…)
Date 3.1.2018
- Main forms of market structure ; basis of classification of the markets
Date 4.1.2018
- Perfect competition: definition; assumptions
Date 5.1.2018
- Price determination under perfect competition
Date 6.1.2018
- Role of time element in price determination
Week 2 Assignments
Date 8.1.2018
- Market price vs normal price
Date 9.1.2018
- Equilibrium of the firm – TR and TC approach
Date 10.1.2018
- Equilibrium of the firm – MR and MC approach
Date 11.1.2018
- Determination of short run equilibrium of the firm
Date 12.1.2018
- Determination of long run equilibrium of the firm, supply curve
- Entry and exit of firms and its effect
Date 13.1.2018
- Perfect competition: discussion on very short and objective type questions
Week 3 Assignments
Date 15.1.2018
- Perfect competition: case study
Date 16.1.2018
- Monopoly: definition; assumptions
Date 17.1.2018
- Causes of monopoly power
Date 18.1.2018
- Determination of price and output: TR and TC approach and MR and MC approach
Date 19.1.2018
- Short run equilibrium under monopoly
Date 20.1.2018
- Long run equilibrium under monopoly, supply curve
Week 4 Assignments
Date 22.1.2018 VasantPanchami
Date 23.1.2018
- Degree of monopoly power
Date 24.1.2018 Sir Chhotu Ram Jyanti
Date 25.1.2018
- Distinction between monopoly and perfect competition
Date 26.1.2018 Republic Day
Date 27.1.2018
- Price discrimination: meaning; types; degrees
Week 5 Assignments
Date 29.1.2018
- Essential conditions for price discrimination
- When price discrimination is profitable?
Date 30.1.2018
- Determination of price and output under price discrimination
Date 31.1.2018 Guru Ravidas Birthday
Date 1.2..2018
- Determination of price and output under dumping
Date 2.2.2018
- Monopoly: discussion on very short and objective type questions
Date 3.2.2018
- Case study
Week 6 Assignments
Date 5.2.2018
- Monopolistic competition: definition, assumptions
Date 6.2.2018
- Product differentiation and equilibrium
Date 7.2.2018
- Short run equilibrium under monopolistic competition
Date 8.2.2018
- Long run equilibrium under monopolistic competition
- Excess capacity
- Selling costs and firm’s equilibrium
Date 10.2.2018 Maharishi DayanandSarswatiJyanti
Week 7 Assignments
Date 12.2.2018
- Distinction between monopolistic competition and perfect competition
Date 13.2.2018 MahaShivratri
Date 14.2.2018
- Distinction between monopolistic competition and monopoly
Date 16.2.2018
- monopolistic competition: discussion on very short and objective type questions
Date 17.2.2018
- Case study
Week 8 Assignments
Date 19.2.2018
- Oligopoly: definition; assumptions
Date 20.2.2018
- Classification of oligopoly
Date 21.2.2018
- Emergence of oligopoly
Date 22.2.2018
- Cournot’s model
Date 23.2.2018
- Bertrand’s model
Date 24.2.2018
- Edgeworth’s model
Week 9 Assignments
Date 26.2.2018
- Price determination in non- collusive oligopoly
Date 27.2.2018
- Price determination under perfect collusion
Date 28.2.2018 Holiday
Date 1.3.2018 Holiday
Date 2.3.2018 Holi
Date 3.3.2018 Holiday
Week 10 Assignments
Date 5 .3.2018
- Price leadership model
Date 6.3.2018
- Oligopoly: discussion on very short and objective type questions
Date 7.3.2018
- Case study
Date 8.3.2018
- Class test
Date 9.3.2018
- Theory of distribution; why a separate study of factor pricing?
Date 10.3.2018
- Basic concepts; productivity of factor, cost of factor
Week 11 Assignments
Date 12.3.2018
- Marginal productivity theory of distribution: definition, assumptions
Date 13.3.2018
- Explanation of the theory from the viewpoint of an industry
Date 14.3.2018
- Explanation of the theory from the viewpoint of a firm
Date 15.3.2018
- Criticism of MP theory
Date 16.3.2018
- Theory of distribution: discussion on very short and objective type questions
Date 17.3.2018
- Case study
Week 12 Assignments
Date 19.3.2018
- Rent: definition; types
Date 20.3.2018
- Ricardian theory of rent; assumptions
Date 21.3.2018
- Determination of rent- extensive cultivation
Date 22.3.2018
- Determination of rent- intensive cultivation
Date 23.3.2018 Saheedi Diwas
Date 24.3.2018
- Drawbacks of Ricardian theory of rent
Week 13 Assignments
Date 26.3.2018
- Rent and price, quasi rent
Date 27.3.2018
- Rent: discussion on very short and objective type questions
Date 28.3.2018
- Case study
Date 29.3.2018 MahavirJyanti
Date30.3.2018
- Interest: definition, gross and net interest
Date 31.3.2018
- Differences in the rates of interest
Week 14 Assignments
, Date 2.4.2018
- Classical theory of interest
Date 3.4.2018
- Neo-classical theory of interest
Date 4.4.2018
- Interest: discussion on very short and objective type questions
Date 5.4.2018
- Case study
Date 6.4.2018
- Wages: definition; types; factor determining the real wages
Date 7.4.2018
- Marginal productivity theory of wages: assumptions
- Analysis of the theory from the point of view of an industry
Week 15 Assignments
Date 9.4.2018
- Analysis of the theory from the point of view of a firm
Date 10.4.2018
- Criticism of MP theory of wages
Date 11.4.2018
- Wages: discussion on very short and objective type questions
, Date 12.4.2018
- Case study
Date 13.4.2018
- Discussion on the problems of perfect competition
Date 14.4.2018 Dr.AmbedkarJyanti
Week 16 Assignments
Date 16.4.2018
- Discussion on the problems of monopoly
Date 17.4.2018
- Discussion on the problems of monopolistic competition
Date 18.4.2018 BhagwanParshuramJyanti
Date 19.4.2018
- Discussion on the problems of oligopoly
Date 20.4.2018
- Discussion on the problems of rent
Date 21.4.2018
- Discussion on the problems of interest
Week 17 Assignments
Date 23.4.2018
- Discussion on the problems of distribution
Date 24.4.2018
- Discussion on the problems of wages
Date 25.4.2018
- Revision of case study
Date 26.4.2018
- Revision of case study
Date 27.4.2018
- Revision of case study
Date 28.4.2018
- Revision of case study