Episode 6 - Cost Theory
Episode 6 - Cost Theory
Episode 6 discusses the concepts directly related to the production process, which form the cost theory. The economic co... Read more
11 Jun 2015
•
8mins
Episode 7 - Perfectly Competitive Market
Episode 7 - Perfectly Competitive Market
Episode 7 deals with the basic market structure in a free market economy, that is, the perfect competition market. Here,... Read more
11 Jun 2015
•
8mins
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Episode 4 - Utility Analysis
Episode 4 - Utility Analysis
Episode 4 discusses satisfaction or utility as a motive for consumption. Even though satisfaction is abstract or subject... Read more
11 Jun 2015
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Episode 8 - Monopoly Market
Episode 8 - Monopoly Market
Episode 8 explains the market structure which contradicts the perfect competition market, that is, the monopoly market w... Read more
11 Jun 2015
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Episode 5 - Theory of Production
Episode 5 - Theory of Production
Episode 5 provides the basis for producer behaviour. Discussion begins with concepts related to production process such ... Read more
11 Jun 2015
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6mins
Episode 3 - Market Equilibrium
Episode 3 - Market Equilibrium
Episode 3 is a continuation of the concepts of demand and supply. Demand and supply or price mechanism will determine ho... Read more
11 Jun 2015
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Episode 1 - Introduction to Economics
Episode 1 - Introduction to Economics
Episode 1 gives a brief description of economics in general. Several economic concepts and terms, such as scarcity, choi... Read more
11 Jun 2015
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Episode 2 - Demand and Supply
Episode 2 - Demand and Supply
Episode 2 lays the foundation for understanding market economy. Almost all economic issues could be explained by applyin... Read more
11 Jun 2015
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