CSBE 11th Commerce MicroEconomics Fast Revision Class Notes FREE PDF by CS Aditi Pant

The amazing 11th Commerce Microeconomics Fast Revision Class Notes are now available on LectureKart. Written by CS Aditi Pant specially for CBSE Class 11th microeconomics.

Table of Contents

1. MEANING OF MICROECONOMICS
2. BASIC CONCEPTS OF MICROECONOMICS
3. WHAT IS AN ECONOMY?
4. CENTRAL PROBLEMS OF AN ECONOMY
5. LIST OF ECONOMIC PROBLEMS
6.  WHAT TO PRODUCE?
7. HOW TO PRODUCE?
8. FOR WHOM TO PRODUCE?
9. PRODUCTION POSSIBILITY CURVE
10. CONSUMER’S EQUILIBRIUM AND DEMAND
11. IMPORTANCE OF CONSUMER EQUILIBRIUM
12. WHAT ARE THE ASSUMPTIONS FOR ATTAINING CONSUMER EQUILIBRIUM IN THE CASE OF SINGLE COMMODITY?
13. WHAT ARE THE ASSUMPTIONS FOR ATTAINING CONSUMER EQUILIBRIUM IN THE CASE OF TWO OR MORE COMMODITIES?
14. WHAT ARE THE CONDITIONS FOR CONSUMER EQUILIBRIUM IN THE CASE OF SINGLE COMMODITY?
15. IN CASE MUX > PX
16. IN CASE MUX < PX
17. WHAT ARE THE CONDITIONS FOR CONSUMER EQUILIBRIUM IN THE CASE OF TWO OR MORE COMMODITIES?
18. WHAT IS CONSUMER EQUILIBRIUM?
19. ASSUMPTIONS
20. CONDITIONS OF CONSUMER EQUILIBRIUM
21. CHARACTERISTICS OF INDIFFERENCE CURVE & BUDGET LINE
22. PRICE OR BUDGET LINE SHOULD BE TANGENT TO AN INDIFFERENCE CURVE
23. INDIFFERENCE CURVE MUST BE CONVEX TO THE ORIGIN
24. MEANING OF DEMAND
25. DETERMINANTS OF DEMAND
26. DEMAND EQUATION OR FUNCTION
27. DEMAND SCHEDULE
28. DEMAND CURVE
29. MOVEMENT ALONG THE DEMAND CURVE & SHIFT IN DEMAND CURVE
30. PRICE ELASTICITY OF DEMAND
31. WHAT MAKES A PRODUCT ELASTIC?
32. WHAT MAKES A PRODUCT INELASTIC?
33. TYPES OF PRICE ELASTICITY OF DEMAND
34. FACTORS AFFECTING PRICE ELASTICITY OF DEMAND
35. CALCULATION OF PRICE ELASTICITY OF DEMAND
36. PRODUCTION FUNCTION
37. SHORT-RUN AND LONG-RUN
38. TOTAL PRODUCT, AVERAGE PRODUCT AND MARGINAL PRODUCT
39. TOTAL PRODUCT
40. MARGINAL PRODUCT
41. AVERAGE PRODUCT
42. COST CONCEPTS
43. TYPES OF COST
44. TOTAL COST, TOTAL FIXED COST, TOTAL VARIABLE COST
45. AVERAGE COST; AVERAGE FIXED COST, AVERAGE VARIABLE COST AND MARGINAL COST
46. REVENUE – TOTAL, AVERAGE AND MARGINAL REVENUE
47. PRODUCER’S EQUILIBRIUM – MEANING
48. CONCEPT OF SUPPLY
49. LAW OF SUPPLY
50. DETERMINANTS OF SUPPLY
51. SUPPLY SCHEDULE
52. MOVEMENTS ALONG AND SHIFTS IN SUPPLY CURVE
53. PRICE ELASTICITY OF SUPPLY
54. MEANING OF MARKET
55. FORMS OF MARKET
56. PERFECT COMPETITION
57. MONOPOLISTIC COMPETITION
58. OLIGOPOLY
59. MONOPOLY
60. EQUILIBRIUM UNDER PERFECT COMPETITION

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