HUM-101 : The People's University of Bangladesh

The People's University of Bangladesh

( Govt. & UGC Approved Private University, Established : 1996 )

3/2, Asad Avenue, Mohammadpur, Dhaka-1207

HUM-101 Economics

Definition, Micro and Macroeconomics and their relative importance in the formulation of national policies, Micro-economics, Law of diminishing marginal utility, Demand function, demand curve, Law of demand, Elasticity of demand, supply analysis, supply function, Factors influencing supply, Law of supply, Elasticity of supply.

Market Equilibrium, Equillibrium price and quality, Indifference curve, Construction of I-C, properties of I-C, Consumer’s equilibrium with the help of I-C and budget line, Income effect, price effect, Substitution effect, production, Factors of production, production possibility curves, cost & revenue, Total average, marginal.

Macro-economics national income GNP, GDP and NNP, Income circular flow diagram, Methods of measuring national income, Function of money, Value and inflation, International Trade, Terms of trade, free trade and protection, Public Finance, Public income, public expenditure, public debt, Direct and indirect tax, Planning in Bangladesh.

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