Micro Economics | UGC NET / SET / JRF | Detailed Notes UGC NET | SET | JRF - ECONOMICS VIEW ALL UNITS DETAILED NOTES UGC NET (ECONOMICS) UNIT I. Micro Economics 1. Theory of Consumer Behaviour 2. Theory of Production and Costs 3. Decision Making Under Uncertainty Towards Risk 4. Game Theory - Non Cooperative Games 5. Market Structures, Competitive and Non-Competitive Equilibria and their Efficiency Properties 6. Factor Pricing 7. General Equilibrium Analysis 8. Efficiency Criteria: Pareto - Optimality, Kaldor-Hicks and Wealth Maximisation 9. Welfare Economics: Fundamental Theorems, Social Welfare Function 10. Asymmetric Information: Adverse Selection and Moral Hazard