Economics¶
| Class | Instructor |
|---|---|
| Lecture | Dr. Sartaj Rasool Rather |
objective is to maximize profit with given investment every rational person does everything to maximize self-benefit
deals with
- what to produce
- how to produce
- for whom to produce
Aspects¶
- scarcity of resources
- forecasting
- factors of production
- proportion of input and output
- allocation of resources
Micro¶
study individual units (producers, consumers, etc) and how they interact with each other
Macro¶
studies effects of large scale economic decisions on entire society
eg: output level of economy, inflation, unemployment
Movies¶
- The Big Short
- the good the bad the ugly
- coach carter movie
- the beautiful mind
References¶
- Dr. Sartaj Principles of Economics
- Ashley Hodgson
- Intermediate Microeconomics | Ben Zamzow
- Game Theory 101 Full Course | William Spaniel
- 60 Second Adventures in Economics | The Open University
- Game Theory with Ben Polak | YaleCourses
- Game Theory and Economics | IIT Guwahati