Unit 1.2. Theory of Production and Cost (UGC NET Economics) in Hindi (complete)

This video discusses the second topic of first unit of UGC NET/JRF Economics syllabus. The topics covered in this video are:
• Theory of Production and Cost (Introduction)
• Factors of production (detail)
o Land
o Labor
o Capital
o Entrepreneur
• Production Function
• Cobb-Douglas function
• Isoquant/Equal production curve (Iso production curve)
• Types of Isoquants
o Linear isoquant
o Input-output isoquant
o Kinked isoquant
o Smooth, convex isoquant
• Isocost Lines
• Production equilibrium (production optimization.)
• Law of diminishing Return
• Law of variable proportion (Short Run)
• Law of return to scale (Long Run)
• Marginal rate of technical substitution MRTS (table and figure)
• Factor Intensity
• Theory of Cost (Introduction)
• Types of Costs
o Accounting Costs:
o Outlay Costs:
o Explicit Costs:
o Implicit Costs:
o Opportunity Costs:
o Economic Costs:
o Direct / Traceable Costs:
o Indirect / Non-Traceable Costs:
o Fixed Costs.
o Variable Costs.
o Operating costs:
o Sunk cost:
• Cost Function
• Short run cost (complete, table, figure)
• Difference Between short run and long run
• Total Fixed Costs (TFC):
• Total Variable Cost (TVC):
• Short run total cost
• Relationship Between Marginal and Average Variable Costs
• Long-Run Cost:
• Long Run Total Cost
• Long Run Average Cost
• Long Run Marginal Cost
• Economies and diseconomies of scale
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[@DrNavedClasses]

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[@bijini2055]

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[@DrNavedClasses]

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[@DrNavedClasses]

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[@samirkumar138]

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[@DrNavedClasses]

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[@Easyeconomicsbyritusingh]

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[@DrNavedClasses]

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[@DrNavedClasses]

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[@SADDAMHUSSAIN-sy7ux]

Hii sir
Meri request h apse ki plz ap net December 2023 ki ek batch shru kren aur sare topics ko fully cover kren ap bahut hi achha padhate hn sir hme khub smjh ata h
Plz sir hamari guzarish ko sune
Allah jazaye khair de apko

[@DrNavedClasses]

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[@DrNavedClasses]

Many of the playlists are already prepared

[@ashaqhussain8226]

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[@DrNavedClasses]

Almost ready. Posting soon. "Factors Production"

[@subratsethi2152]

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[@DrNavedClasses]

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[@sadhnayadav2862]

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Thanks sir
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I am bigner.
Sir please reply sajesion
Khuda hapish
God bless you sir

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[@DrNavedClasses]

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[@DrNavedClasses]

🙏

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Effective teching

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[@DrNavedClasses]

Sorry for that

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[@DrNavedClasses]

Okay

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Capital accumulation
Ke topic pr bna dijiye

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[@DrNavedClasses]

Will try

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[@DrNavedClasses]

Okay soon

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Pr bna dujiye

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[@DrNavedClasses]

certainly will try

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Please explain..

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Is par syllabus bhej den [e-mail]

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[@DrNavedClasses]

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