BBS 1st Year Microeconomics Notes PDF & Model Question Paper

Get the complete BBS 1st Year Microeconomics Notes PDF and Model Questions for free, specially prepared by NDGURU to help Tribhuvan University (TU) students excel in exams. This guide covers all 10 units as per the TU syllabus, including key concepts, diagrams, definitions, and exam-focused summaries. Along with the notes, you’ll also find a set of model questions and previous year papers to practice effectively. Whether you’re doing last-minute revisions or preparing unit-wise, these PDFs will save time and improve your understanding. Ideal for BBS students in Nepal, these resources are easy to follow and exam-oriented. Download now and boost your exam preparation with confidence.

100% Free | TU Syllabus Based | Prepared by NDGURU

Model Question 2082

Unit 1: Introduction (Pages 1–13)

This unit introduces microeconomics, its meaning, scope, and importance. Students learn about the distinction between micro and macroeconomics, positive vs. normative economics, and fundamental economic problems. Focus on definitions, examples, and basic assumptions of economic analysis.

Unit-one-Introduction-to-Microeconomic Download

Unit 2: Market Equilibrium and Efficiency (Pages 14–43)

This chapter covers demand-supply equilibrium, shifts in curves, market efficiency, and consumer/producer surplus. Understand how markets reach equilibrium and the role of price in resource allocation. Emphasis should be placed on graphical representation and effects of changes in market conditions.

Unit 3: Elasticity of Demand and Supply (Pages 44–79)

Learn the different types of elasticity: price, income, cross elasticity, and elasticity of supply. Focus on calculations, interpretations, and factors affecting elasticity. Diagrams and real-life examples are crucial. Application-based questions often appear in exams.

Unit 4: Analysis of Consumer Behaviour (Pages 80–117)

Study utility analysis (cardinal and ordinal), indifference curve approach, budget lines, and consumer equilibrium. Understand diminishing marginal utility and the law of equi-marginal utility. Graphs, assumptions, and behavioral patterns are key topics to revise.

Unit 5: Theory of Production (Pages 118–149)

Covers production functions, short-run vs. long-run production, laws of returns, isoquants, and isocost lines. Focus on total, marginal, and average product relationships. Important for understanding how businesses decide on input use and cost minimization.

Unit 6: Cost and Revenue Curves (Pages 150–184)

Explore different types of costs (fixed, variable, total, average, marginal) and revenue curves. Graphs and relationships among cost curves are essential. Understand the concept of economies of scale and the break-even point.

Unit 7: Product Pricing Theories and Practices (Pages 185–219)

Learn pricing under different market structures: perfect competition, monopoly, monopolistic competition, and oligopoly. Focus on features, price-output determination, and real-world examples. Kinked demand curve and price discrimination are often asked in exams.

Unit 8: Theory of Factor Pricing (Pages 220–240)

Covers how factors of production (land, labor, capital, entrepreneurship) are priced. Theories of rent, wage, interest, and profit are core topics. Students should know both classical and modern views along with relevant diagrams.

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Frequently Asked Questions (FAQs)

Q1: Are these notes based on the Tribhuvan University syllabus?
Yes, all content strictly follows TU’s official BBS Microeconomics syllabus.

Q2: Are the notes free to download?
100% free. No sign-up required.

Q3: Can I use these for college assignments or exam prep?
Absolutely! They’re ideal for both.

Don’t waste time hunting for scattered resources. Download this complete BBS 1st Year Microeconomics Notes PDF and Model Question Papers now and prepare smarter for your exams. Stay ahead with clear, focused study materials designed just for you!

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