Indian Institute of Management Calcutta

Diamond Harbour Road, Joka P.O., Kolkata 7!", India

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Economics 101: Micro-economic Theory (Term-I), Sections D and E
Instructor: Prof. nindya Sen
Microeconomics 0ro4ides ke5 conce0ts and tools for understanding man5 different as0ects of management
t1eor5 and 0ractice. 64en 31en Microeconomics is not sufficient to e.0lain all t1e dimensions of a 0roblem, it
often 0ro4ides a starting 0oint for anal57ing t1e 0roblem.
!eference:
8ern1eim 8 D and /1inston M D, Microeconomics, #ata Mc 9ra3 Hill, International 6dition
Minimum "ommon "ourse "ontent Tentati#e Teachin$ P%an
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=dditional readings 3ill be assigned and s1ared on t1e course 3eb as and 31en deemed necessar5
E#a%uation
:tudents 3ill be graded on t1e basis of a mid(term e.amination %accounting for ;> of t1e total marks' and a final
e.amination %accounting for ;> of t1e total marks'. 6.ams 3ill not, in general, be cumulati4e, but if sufficient
material is not co4ered before an e.am, some material from earlier 0art of t1e course mig1t be included.
:e0arate e.ams to be gi4en b5 eac1 facult5, but grading 3ill be done on uniform basis across sections. Midterm
scores 3ill be ra3 scores, not con4erted into grades
Pre Midterm Post Midterm
!. Demand and
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*. Consumer C1oice
). C1oices In4ol4ing
Risk
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Market Demand
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Ma.imisation and
Perfect
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!!. Pricing 3it1
market 0o3er
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Information