Features & Importance of Micro Economics | 12th Economics 1st Chapter | Economics Class 12 Chapter 1

Welcome to Bodhi Blended Learning's video for Class 12th Economics Students on Chapter 1st "Features & Importance of microeconomics", where we explore its features and importance:
Features of Microeconomics:
Study of Individual Units
Price Theory & Partial Equilibrium Analysis
Based on Certain Assumptions & Methodologies
Use of Marginalism Principle & Slicing Method
Analysis of Market Structures with Limited Scope
Importance of Microeconomics:
Determines Prices & Understands Free Market Economy
Applied in International Trade & Public Finance
Foundation for Economic Model Building
Guides Business Decision-Making & Government Policies
Basis of Welfare Economics
Join us as we unravel the secrets of microeconomics, showcasing its practical relevance and insights for students and enthusiasts alike. Press play now and embark on your journey to economic understanding with Bodhi Blended Learning!
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[@aditigodbole5]

Very thoroughly explained sir👍🏻

[@bodhiblendedlearning]

Thanks a lot 😁