Description
BECC–132 covers more concepts of microeconomics. Divided into four blocks, BECC–132 includes subjects like perfect competition, monopoly-price and output decisions, monopolistic competition, oligopoly, pricing decisions, labour, land, and factor markets. It also sheds light on the pricing decisions, welfare, market failure, governments’ role, the efficiency of the market mechanism, theories of international trades, WTO, and Indian trade policy.