Economics:02 - Break-Even and Profit Maximisation

In this module of Economics Master series, you will be learning about break even analysis i.e. about break even and shut down, economies of scale, approaches to profit maximizing, profit maximization table, profit maximization under imperfect competition, short run & long run profit maximization etc

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Economics Master Series (Module #2) – Break-Even and Profit Maximisation:

Economics is known as social science which describes the features that determine the production, distribution and consumption of goods and services. The course is designed for those who want to get basic idea of economics and thus how it is important in our lives.
Through this course you will be learning about break even analysis i.e. about break even and shut down, economies of scale, approaches to profit maximizing, profit maximization table, profit maximization under imperfect competition, short run & long run profit maximization, you will be learning about concepts of total, marginal & average product of labor & also about short run table.

Course Objective:

• The course is designed for those who wish to learn about Break-Even Analysis
• Learn in depth about economies of scale and profit maximization under imperfect competition

Target Audience:

• Students from Finance and Economics background
• Anyone interested in learning about Economics

Pre-Requisites:

• Basic Knowledge of term economics
• Passion to learn

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