Cover image of (Podcast) Principles of Microeconomics

(Podcast) Principles of Microeconomics

(Podcast) Principles of Microeconomics

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Ranked #1

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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

Ranked #2

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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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Ranked #3

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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

5mins

Ranked #4

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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

7mins

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Ranked #5

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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

6mins

Ranked #6

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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

7mins

Ranked #7

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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

6mins

Ranked #8

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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

7mins

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