This study guide provides core microeconomic theory and analysis across five chapters for students seeking mastery of fundamental concepts.

1. The Economic Problem : Scarcity and Choice Introduction; Scarcity and Choice; Kinds of Resources; Central Problems (what, how, for whom); Microeconomics and Macroeconomics; Normative and Positive Economics.
2. Production Possibility Curve, Choice and Opportunity Cost Choice and Opportunity Cost; Production Possibility Curve; Law of Increasing Opportunity Cost; Uses of the PPC (choice, unemployment, inefficiency, growth).
3. Demand and Its Law Meaning of Demand; Determinants; Demand Schedule and Curve; Law of Demand; Exceptions (Veblen goods, Giffen goods); Movements along vs. Shifts; Simple and General Demand Functions.
4. Marshall’s Cardinal Utility Analysis Total and Marginal Utility; Law of Diminishing Marginal Utility; Law of Equi-Marginal Utility; Consumer Equilibrium; Assumptions and Limitations.
5. Indifference Curve Analysis Indifference Curves and Map; Marginal Rate of Substitution; Budget Line and Budget Space; Ordinal Consumer Equilibrium; Relation to Cardinal Approach. 
   
   Download the PDF: Notes for MicroEconomics revision
   
   Additional chapters will be uploaded soon.