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2
4.4.6
2
2
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4.4.7
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0 11 0 11 -
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1. Principles of Microeconomics, 7th Edition (Mankiw’s Principles of Economics) by N. Gregory Mankiw
2. Microeconomics: Principles, Problems, & Policies (McGraw-Hill Series in Economics) by Campbell McConell, Stanley Brue, and Sean Flynn
3. M.L.Seth – Micro Economics (2012) - Lakshmi Narain Agarwal Publication4. M.L. Jhingan – Modern Micro Economics (Fourth Edition) (2012) - Virnda
Publication Pvt Ltd5. Ryan C. Amacher – Principles of Micro Economics (1980) - South-Western Pub.Cohttp://wikieducator.org/Introduction_to_Cost_Concepts
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5.5.3
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5.6
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0
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1 2 3 4 5 6 7 8 9 10
11 12 13 14 15 16 17 18 19 20
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29
31
32
33
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39
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1. Roger Leroy Miller “ Economics today The Micro view “ , Addition Wesley , 15th
edition, 2010 .
2. Irvin B. Tucker, “ Economics for Today “, South Western Cengage learning, 6th
edition, 2010.
3. K.K. Dewett, M.H. Navalur, “ Modern Economic Theory “ , S. Chand, 23rd edition, 2010.
4. H.L. Ahuja, “ Principles of Micro Economics “, Publisher S. Chand , 22nd edition, 2016.
5. Shankaran, “ Micro Economics “,
6. Micro Economics (Principles, Applications and tools) by-Arthur O’ Sullivan,
Steven Sheffrin, Stephen Perez, Pearson
1. www.economicsconcepts.com
2. www.microeconomicsnotes.com
3. www.economicsdiscussion.net
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6.26.1
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2
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6.3
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6.6
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1901 23.84 -1911 25.21 0.561921 25.13 -0.031931 27.90 1.041941 31.87 1.331951 36.11 1.251961 43.92 1.961971 54.81 2.201981 68.33 2.221991 84.33 2.162001 102.70 1.972011 121.02 1.66
(Source: Registrar General of India)
1951 39.9 27.42001 25.4 8.42011 21.8 7.11
(Source: Source: Registrar General of India)
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1951 1172001 3252011 382
(Source: Registrar General of India)
1951 9462001 9332011 940
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7.4.1
1951 32.5 31.7 32.11991 58.6 59.0 58.72001 61.6 63.3 62.52011 62.6 64.2 63.5
(Source: Registrar General of India)
1951 18.3 27.2 8.92001 64.8 75.3 53.72011 74.04 82.1 65.5
(Source: Registrar General of India)
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Indian Economy -by Ramesh Singh
Indian Economy -Datt & Sundharam
India’s Reforms: How They Produced Inclusive GrowthBy Jagdish Bhagwati; Arvind
Panagariya
Reforms and Economic Transformation in IndiaBy Jagdish Bhagwati; Arvind Panagariya
India: The Emerging GiantBy Arvind Panagariya
http://www.economicsdiscussion.net/indian-economy/top-11-features-of-a-
developing-economy/18987
Indian Economy -by Ramesh Singh
Indian Economy -Datt & Sundharam
India’s Reforms: How They Produced Inclusive GrowthBy Jagdish Bhagwati; Arvind
Panagariya
Reforms and Economic Transformation in IndiaBy Jagdish Bhagwati; Arvind Panagariya
India: The Emerging GiantBy Arvind Panagariya
http://www.economicsdiscussion.net/indian-economy/top-11-features-of-a-
developing-economy/18987
Indian Economy -by Ramesh Singh
Indian Economy -Datt & Sundharam
India’s Reforms: How They Produced Inclusive GrowthBy Jagdish Bhagwati; Arvind
Panagariya
Reforms and Economic Transformation in IndiaBy Jagdish Bhagwati; Arvind Panagariya
India: The Emerging GiantBy Arvind Panagariya
http://www.economicsdiscussion.net/indian-economy/top-11-features-of-a-
developing-economy/18987
Indian Economy -by Ramesh Singh
Indian Economy -Datt & Sundharam
India’s Reforms: How They Produced Inclusive GrowthBy Jagdish Bhagwati; Arvind
Panagariya
Reforms and Economic Transformation in IndiaBy Jagdish Bhagwati; Arvind Panagariya
India: The Emerging GiantBy Arvind Panagariya
http://www.economicsdiscussion.net/indian-economy/top-11-features-of-a-
developing-economy/18987
1. Ramesh Singh - Indian Economy 5th edition - McGraw Hill Publication
2. Gaurav datt & Aswani Mahajan - Datt & Sundharam Indian Economy 72nd edition
- S.Chand Publication
3. Jagdish Bhagwati; Arvind Panagariya - India’s Reforms: How They Produced
Inclusive Growth
4. Jagdish Bhagwati; Arvind Panagariya - Reforms and Economic Transformation in
India
5. Arvind Panagariya - India: The Emerging Giant
http://www.economicsdiscussion.net/indian-economy/top-11-features-of-a-
developing-economy/18987
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www.gatewayforindia.com/history/eastindiacompanybefore1857
www.threecolonialportcitiesinindia/geographicalreviewvol.78.issue.1 pg:32-47.-
M.Kosambi, 1978.
www.planningcommission.nic.in
https://www.scribd.com/doc/18643336/characteristics-of-indian-economy-pre-colonial-
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https://en.wikipedia.org/wiki/Economy_of_India
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11 12 13 14 15 16 17 18 19 20
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10.6
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3.
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10.9.3
10.9.1
10.9.2
1.
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11 12 13 14 15 16 17 18 19 20
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1. Annual Report, Ministry of Rural Development, GOI.
2. Rural Economics by Patel KV, A C Shah and LD’Mello, Himalaya
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3. Rural Economics by Grewal PS, Kalyani Publishers, New Delhi.
4. Rural Economics by Dhingara IC, Sultan Chand & sons, New Delhi.
5. Agricultural Economics and Rural Development by Tyagi BP, Jai
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11.4
812239
412623,20,707
14,92,359
Source: Tamil Nadu Government Season & Crop Report 2012-13
11.4.2
11.4.1
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11.5
7.2
6.5
6.5
5.9
5.6
4.7
2.1
11.5.1
11.5.2
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2,000,000 66%
23,000,000 42%
8,000,000 38%
2,000,000 33%
98,000,000 28%
5,000,000 27%
2,000,000 25%
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11.6
11.5.5
11.5.6
11.5.7
11.5.3
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2 MMR 79 159
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480.33 %86.81 %
73.86 %
74.04%82.14%
65.46%5 995 940
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$ 207.8
$ 171
$ 184
$ 81
11.6.1
11.6.2
2200
1670
2175
2151
1443
1358
1029
729
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11.7
1,57,116
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11.8
11.7.1
11.7.2
1
111
1223
334
8
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11.8.1
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11.8.3
11.8.4
11.8.5
11.8.2
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11.8.8
11.8.6
11.8.7
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11.9
11.9.1
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470 MW (2 x 235)
11.9.2
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4,141 MW V79,627 MW
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11.9.4
1 1590.97
2 1317.64
3 1159.76
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5 979.65
11.9.5
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11.10
11.10.1
11.10.2
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11.10.4
11.10.5
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https://www.ibef.org/states/tamil-nadu.aspx
https://www.quora.com/Can-Tamil-Nadu-become-the-biggest-economy-in-India
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• 3Q2 • 36Q1 • 91Q0 • 0
MC (Q) • 3Q2 • 36Q • 91 ( Q0•• •1)
•MC(Q)•• •3(32)• 36(3)• 91
• •3(9)• 108• 91
• •27• 108• 91
• 118• 108
• 10
3
3
AVC(Q)=TVC(Q)/Q
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12.5
Note
� � �dx
dp100 1( )P-1-1
� �100 1( )P-2
• • 100(P• 2)
��100
2P
dx
dp
1004
25 x 100
250
e Pdxxdpd � � �
��
��
�� �
�� �
2
50
100
4
200
2001
ed • • 1
� � � � � � �f x dx F x C
∫
MC • 60 • 16Q
TCQ
• •128 60 82Q Q
Q
AC • •128 60 82
128
Q
128
Q
ed • ( P
x) ( dx
dp)
e dQdP( ) P
Q( )
100
P
xP
P� � �100100
1
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d F xd
f xx
� ��� �� � � � , � � � � � � �f x dx F x C
∫
∫∫
∫xn dx • x
nC
n( )1
1
� � �k dx x c
∫ ∫
4 43 3x dx x dx� ���
��
�
43 1
3 1xc
� �44
4xc
= x c4
( )x x dx x dx xdx dx2 21� � � � � ����
��
��
� �� �x x
x c2 1 1 1
2 1 1 1
• •x xx c
3 2
3 2� � �
5 5dx x c� ��
4 41 1
42
2
1 1
2
2
xdxx
c
xc
x c
��
�
� �
� �
��
₹
MC • 100 • 10x • 0.1 x2
TC • 100 10x 0.1 2x d x
• 100x• 10 x x c2 3
20 1
3.
• 100x• 5x x c2
3
30
₹
� � � � �TC x xx100 530
50023
� � � �x
x x3
2
305 100 500
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CS • [0
0x
p x dx]• x0p0
CS • 0
3
�(35• 2x• x2)dx• (20 3)
• 35 22 3
2 3
0
3
xx x
� ��
��
�
�� • 60
• 35(3) • 2(3
2
2
) • 33
3
• 60
₹
₹
₹
∫
TC • � �y dx C
• ( ) ,23 16 32x x dx C
• � � �� �23 16 32dx xdx x dx• C
• 23x• 16 x x c2
33
2 3
TC • 23x • 8x2 • x3 • C
TC • 23x• 8x2• x3 • 40
•TCx
• 23 • 8x • x2 • 40
x
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12.6
1
2
3
4 PC, TV, Projector, Smart
Phone
5
6
P Pd s
25• Q2 • •2Q• 1
0 • • 25 • •Q2 • •2Q• 1
0 • •• 24 • •Q2 • •2Q
Q2 • •2Q • 24 • •0
Q2 • •6Q • 4Q • 24 • •0
Q(Q • •6) • 4(Q • •6) • •0
(Q • •6)(Q• 4) • •0
Pd • 25 • 42• 9;
Ps • 2(4) • 1• 9
0
4
�( • •
• 25Q - Q3
3�
��
�
�� �
0
4
36
• [ (25)(4) • 1
3 (4)3 ] • (0) • 36
• [100 • 643
] • (0) • 36 • 42.67
Ps • (9 4) • 0
4
�( 2Q• 1)dQ
• 36 - (Q +Q)2�� ��0
4
• 36 • (16 • 4) • 16
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•
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2
m=
A • 3 3 3 3 3
xn nx(n-1)
.
• P
x
dx
dp
xn x
nC
n 1
1
f x dx x p
x
o o( )0
0
��
���
�
����
x po o-0
0x
g x dx� � �
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ICT CORNER
43
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ICT CORNER
1 2 3 4
∫
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Δ
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3
1 2 3 4 5 6 7 8 9 10
11 12 13 14 15 16 17 18 19 20
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3 3
3
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Accelerator Advertising elasticity of demandAlternative usesAnnual plan ArtAssumptionAverage costAverage productBarterBehavioural EconomicsBusinessCapability CapitalCardinal Utility AnalysisCash Reserve Ratio (CRR)Characteristics
Child sex Ratio
ClassicalCoefficientColonial capitalism Concealed unemployment, Disguised unemploymentConcentration Constant Returns to ScaleConsumerConsumer’s SurplusConsumptionContraction of demandCriticismCrop insuranceCross elasticity of demandCrude Birth rate
1000 Crude Death Rate Data /Statistics /informationDecentralization Decrease in demandDeductive MethodDefinitionDelicensingDemandDemocracy
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Demographic dividend Demonstration effectDensity of population DeterminantsDeterminantDevelopment EconomicsDevelopmentDifferential calculusDiminishing Returns to ScaleDiseconomies of ScaleDisinvestmentDismal ScienceDistributionDivision of labourDomain
Dualism
DuopolyDynamicEconomicsEconomies of scaleEconomyElasticity of demandElasticity of SupplyEmpowermenEnterpriseEntrepreneurshipEntrepreneurEnvironmental EconomicsEqual- Marginal utilityEquationEquilibriumEthicalExchangeExpansion of demandExplicit costExport promotion zoneExportExternal DiseconomiesExternal Economies of ScaleFactors of Production FactorsFactsFamine Features Finance Capital Financial Economics Fiscal reforms
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Fixed cost
Floating cost
Foreign Capital
Frictional unemployment
Gender equality
General equilibrium
Globalization
Goods / Products/ Commodities / things
Goods and services Tax(GST)
Goods sown Area
Government Spending
Green revolution
Gross National Happiness index
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Human Development index
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Imitation
Imperfect competition
Implicit cost
Import
Income elasticity of demand
Income
Increase in demand
Increasing Returns to Scale
Index
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Indifference curve
Indifference Map
Indifference schedule
Inductive Method
Industrialization
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Infant Mortality Rate (IMR)
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Integral calculus
Interest rate
Internal Economies of Scale
Investment
Invisible hand
Involuntary unemployment
Iso- quants
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Land Tenure
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Law of variable proportions
Laws of Returns to Scale
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Life Expectancy at Birth
Linear Equation
Liquidity preference
Literacy Ratio
Long – run
Macro – Economics
Mahalwari system
Management
Marginal cost
Marginal product
Marginal Rate of substitution
Marginal Rate of Technical Substitution
Marginal utility
Market
Material wealth
Maternal Mortality Rate (MMR)
Matrix / Matrices
Merchant Capital
Micro, small and medium Enterprises
Micro-Economics
Migration
Modern age
Monetary Reforms
Money Cost
Monopolistic competition
Monopoly
Morbidity Rate
MRTP ACT
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National Income
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Net sown Area
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Nominal income/Money income
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Per capita income
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Repo rate Repurchase Rate
Reserve Requirements
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Reverse Repo Rate (RRR)
Risk bearingRisk
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Rolling Plan
Ryotwari system
Savings
Scale
Scarcity
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Secularism
Self – Help Groups
Services
Sex ratio
Shift in demand curve
Short –run
Skewed distribution
Slope
Social Cost
Social Infrastructure
Social justice
Special Economic Zone
Static equilibrium
Statutory Liquidity Ratio(SLR)
Structural unemployment
Sunk cost
Super Multiplier
Supply
Tangible
Tax
Theories
Total cost
Total product
Trade /international trade
Uncertainty
Urbanisation
Utility
Util
Values
Value
Variable cost
Variable
Voluntary unemployment
Wants
Y intercept
Zamindari system
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In-House
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