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This Economics Course explores ways that psychological research indicating systematic departures from classical economic assumptions can be translated into formal models that can be incorporated into economics.


This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer need to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.


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Course Credit: NPTEL

Course Curriculum

Principles of Economics 00:28:00
Demand Supply Framework 00:17:00
Determinants of Demand 00:16:00
Supply Curve, Determinants of Supply Curve 00:17:00
Demand Supply Equilibrium 00:26:00
Elasticity of Demand and Supply 00:28:00
Determinants of Elasticity of Demand 00:29:00
Elasticity and Revenue 00:26:00
Elasticity of Supply 00:31:00
Demand Supply & Government Policies 00:30:00
Demand Supply & Government Policies (Contd.) 00:20:00
Taxes and Demand & Supply Framework 00:29:00
Elasticity and Taxes 00:32:00
Efficiency and Market Equilibrium 00:31:00
Production and Cost 00:21:00
Costs 00:24:00
Cost Curves 00:32:00
LR and SR Cost Curves 00:19:00
Market Structures 00:27:00
Perfect Competition 00:18:00
Perfect Competition and Profit Maximization 00:31:00
Suppy Curve of Firm in Perfect Competition 00:27:00
Supply Curve of Market in Perfect Competition 00:20:00
Market Supply (Contd.) 00:19:00
Monopoly 00:21:00
Monopoly- Determination of Price and Quality 00:31:00
Monopoly Supply and Efficiency 00:18:00
Price Discrimination 00:30:00
Public Policy and Regulation 00:26:00
Monopolistic Competition 00:28:00
Monopolistic Competition Determining P and K 00:31:00
Monopolistic Competition – Efficiency and Welfare 00:28:00
Monopolistic Competition – Advertising 00:27:00
Oligopoly 00:28:00
Oligopoly – Determining P and Q 00:31:00
Oligopoly – P and Q Outcomes with Example 00:28:00
Difference between Market Outcomes 00:25:00
Oligopoly – Game Theory 00:23:00
Oligopoly – Game Theory (Contd.) 00:30:00
Oligopoly Pricing 00:24:00
Public Policy in Oligopoly 00:31:00
Submit Your Assignment 00:00:00
Certification 00:00:00

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