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title: "Introductory Microeconomics"
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---

# Introductory Microeconomics

Introductory Microeconomics is a CBSE Class 12 book for the subject Economics on Edzy.

## Knowledge Snapshot

| Field         | Details                          |
| :------------ | :------------------------------- |
| Board         | CBSE        |
| Curriculum    | CBSE   |
| Class         | Class 12 |
| Subject       | Economics  |
| Book          | Introductory Microeconomics     |
| Book Slug     | introductory-microeconomics         |
| Chapter Count | 5 |
| Topic Count   | 30   |
| Last Updated  | 2026-06-24  |

---

## Book Overview

The book belongs to Class 12 and is centered on the subject Economics. It comprises 5 chapters and 30 topics that form the available book-level OKF inventory.

---

## OKF Hierarchy

| Level   | Title                            | Canonical URL                           | Markdown URL                            |
| :------ | :------------------------------- | :-------------------------------------- | :-------------------------------------- |
| Class   | Class 12 | https://www.edzy.ai/cbse-class-12   | https://www.edzy.ai/okf/class/cbse-class-12.md   |
| Subject | Economics  | https://www.edzy.ai/cbse-class-12-economics | https://www.edzy.ai/okf/subject/cbse-class-12-economics.md |
| Book    | Introductory Microeconomics     | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics        | https://www.edzy.ai/okf/book/cbse-class-12-economics-introductory-microeconomics.md        |

---

## Chapter Index

| No.             | Chapter         | Pages                                     | Page Count                | Topics                             | Canonical URL           | Markdown URL           |
| :-------------- | :-------------- | :---------------------------------------- | :------------------------ | :--------------------------------- | :---------------------- | :--------------------- |
| 1               | Introduction     | 1-7                                       | 7                        | 6                                 | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics-introduction | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-introduction.md |
| 2               | Theory Of Consumer Behaviour | 8-35                                      | 28                        | 6                                 | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics-theory-of-consumer-behaviour | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-theory-of-consumer-behaviour.md |
| 3               | Production And Costs | 36-52                                      | 17                        | 7                                 | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics-production-and-costs | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-production-and-costs.md |
| 4               | The Theory Of The Firm Under Perfect Competition | 53-70                                      | 18                        | 7                                 | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics-the-theory-of-the-firm-under-perfect-competition | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-the-theory-of-the-firm-under-perfect-competition.md |
| 5               | Market Equilibrium| 71-87                                      | 17                        | 4                                 | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics-market-equilibrium | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-market-equilibrium.md |

---

## Chapter Source Index

| No.             | Chapter         | Source PDF  |
| :-------------- | :-------------- | :---------- |
| 1               | Introduction     | https://edzy-ai.s3.ap-south-1.amazonaws.com/edzy-express-ts/599d6700-f899-4322-af71-75a38c049e51.pdf |
| 2               | Theory Of Consumer Behaviour | https://edzy-ai.s3.ap-south-1.amazonaws.com/edzy-express-ts/cdd433c7-fcfe-4c28-a741-be0ca7488fc6.pdf |
| 3               | Production And Costs | https://edzy-ai.s3.ap-south-1.amazonaws.com/edzy-express-ts/c04f21c9-1591-42ec-9c0b-8f91f739b233.pdf |
| 4               | The Theory Of The Firm Under Perfect Competition | https://edzy-ai.s3.ap-south-1.amazonaws.com/edzy-express-ts/f05187e4-9247-4515-b089-a2df76ae9e93.pdf |
| 5               | Market Equilibrium| https://edzy-ai.s3.ap-south-1.amazonaws.com/edzy-express-ts/fe97e41f-259c-4cc6-bdf0-88171bfca29c.pdf |

---

## Topic Inventory

| No. | Topic ID               | Topic                            |
| :-- | :--------------------- | :------------------------------- |
| 1   | 69aa7054a243cecf9624adc7 | A SIMPLE ECONOMY |
| 2   | 69aa7054a243cecf9624adcc | CENTRAL PROBLEMS OF AN ECONOMY |
| 3   | 69aa7054a243cecf9624add0 | ORGANISATION OF ECONOMIC ACTIVITIES |
| 4   | 69aa7054a243cecf9624add4 | POSITIVE AND NORMATIVE ECONOMICS |
| 5   | 69aa7054a243cecf9624add6 | MICROECONOMICS AND MACROECONOMICS |
| 6   | 69aa7054a243cecf9624add8 | PLAN OF THE BOOK |
| 7   | 69aa707fa243cecf9624bbbd | Utility |
| 8   | 69aa707fa243cecf9624bbbf | The Consumer's Budget |
| 9   | 69aa707fa243cecf9624bbc1 | Optimal Choice of the Consumer |
| 10  | 69aa707fa243cecf9624bbc3 | Demand |
| 11  | 69aa707fa243cecf9624bbc5 | Market Demand |
| 12  | 69aa707fa243cecf9624bbc7 | Elasticity of Demand |
| 13  | 69aa708da243cecf9624bf8f | PRODUCTION FUNCTION |
| 14  | 69aa708da243cecf9624bf91 | THE SHORT RUN AND THE LONG RUN |
| 15  | 69aa708da243cecf9624bf93 | TOTAL PRODUCT, AVERAGE PRODUCT AND MARGINAL PRODUCT |
| 16  | 69aa708da243cecf9624bf95 | THE LAW OF DIMINISHING MARGINAL PRODUCT AND THE LAW OF VARIABLE PROPORTIONS |
| 17  | 69aa708da243cecf9624bf97 | SHAPES OF TOTAL PRODUCT, MARGINAL PRODUCT AND AVERAGE PRODUCT CURVES |
| 18  | 69aa708da243cecf9624bf99 | RETURNS TO SCALE |
| 19  | 69aa708da243cecf9624bf9b | COSTS |
| 20  | 69aa70b4a243cecf9624cd7d | PERFECT COMPETITION: DEFINING FEATURES |
| 21  | 69aa70b4a243cecf9624cd80 | REVENUE |
| 22  | 69aa70b4a243cecf9624cd82 | PROFIT MAXIMISATION |
| 23  | 69aa70b4a243cecf9624cd84 | SUPPLY CURVE OF A FIRM |
| 24  | 69aa70b4a243cecf9624cd86 | DETERMINANTS OF A FIRM’S SUPPLY CURVE |
| 25  | 69aa70b4a243cecf9624cd88 | MARKET SUPPLY CURVE |
| 26  | 69aa70b4a243cecf9624cd8a | PRICE ELASTICITY OF SUPPLY |
| 27  | 69aa70d4a243cecf9624d5aa | EQUILIBRIUM, EXCESS DEMAND, EXCESS SUPPLY |
| 28  | 69aa70d4a243cecf9624d5ae | Market Equilibrium: Free Entry and Exit |
| 29  | 69aa70d4a243cecf9624d5b0 | Shifts in Demand and Supply |
| 30  | 69aa70d4a243cecf9624d5ac | APPLICATIONS |

---

## Chapter-Wise Topic Map

### Introduction

| No. | Topic ID               | Topic                            |
| :-- | :--------------------- | :------------------------------- |
| 1   | 69aa7054a243cecf9624adc7 | A SIMPLE ECONOMY |
| 2   | 69aa7054a243cecf9624adcc | CENTRAL PROBLEMS OF AN ECONOMY |
| 3   | 69aa7054a243cecf9624add0 | ORGANISATION OF ECONOMIC ACTIVITIES |
| 4   | 69aa7054a243cecf9624add4 | POSITIVE AND NORMATIVE ECONOMICS |
| 5   | 69aa7054a243cecf9624add6 | MICROECONOMICS AND MACROECONOMICS |
| 6   | 69aa7054a243cecf9624add8 | PLAN OF THE BOOK |

### Theory Of Consumer Behaviour

| No. | Topic ID               | Topic                            |
| :-- | :--------------------- | :------------------------------- |
| 1   | 69aa707fa243cecf9624bbbd | Utility |
| 2   | 69aa707fa243cecf9624bbbf | The Consumer's Budget |
| 3   | 69aa707fa243cecf9624bbc1 | Optimal Choice of the Consumer |
| 4   | 69aa707fa243cecf9624bbc3 | Demand |
| 5   | 69aa707fa243cecf9624bbc5 | Market Demand |
| 6   | 69aa707fa243cecf9624bbc7 | Elasticity of Demand |

### Production And Costs

| No. | Topic ID               | Topic                            |
| :-- | :--------------------- | :------------------------------- |
| 1   | 69aa708da243cecf9624bf8f | PRODUCTION FUNCTION |
| 2   | 69aa708da243cecf9624bf91 | THE SHORT RUN AND THE LONG RUN |
| 3   | 69aa708da243cecf9624bf93 | TOTAL PRODUCT, AVERAGE PRODUCT AND MARGINAL PRODUCT |
| 4   | 69aa708da243cecf9624bf95 | THE LAW OF DIMINISHING MARGINAL PRODUCT AND THE LAW OF VARIABLE PROPORTIONS |
| 5   | 69aa708da243cecf9624bf97 | SHAPES OF TOTAL PRODUCT, MARGINAL PRODUCT AND AVERAGE PRODUCT CURVES |
| 6   | 69aa708da243cecf9624bf99 | RETURNS TO SCALE |
| 7   | 69aa708da243cecf9624bf9b | COSTS |

### The Theory Of The Firm Under Perfect Competition

| No. | Topic ID               | Topic                            |
| :-- | :--------------------- | :------------------------------- |
| 1   | 69aa70b4a243cecf9624cd7d | PERFECT COMPETITION: DEFINING FEATURES |
| 2   | 69aa70b4a243cecf9624cd80 | REVENUE |
| 3   | 69aa70b4a243cecf9624cd82 | PROFIT MAXIMISATION |
| 4   | 69aa70b4a243cecf9624cd84 | SUPPLY CURVE OF A FIRM |
| 5   | 69aa70b4a243cecf9624cd86 | DETERMINANTS OF A FIRM’S SUPPLY CURVE |
| 6   | 69aa70b4a243cecf9624cd88 | MARKET SUPPLY CURVE |
| 7   | 69aa70b4a243cecf9624cd8a | PRICE ELASTICITY OF SUPPLY |

### Market Equilibrium

| No. | Topic ID               | Topic                            |
| :-- | :--------------------- | :------------------------------- |
| 1   | 69aa70d4a243cecf9624d5aa | EQUILIBRIUM, EXCESS DEMAND, EXCESS SUPPLY |
| 2   | 69aa70d4a243cecf9624d5ae | Market Equilibrium: Free Entry and Exit |
| 3   | 69aa70d4a243cecf9624d5b0 | Shifts in Demand and Supply |
| 4   | 69aa70d4a243cecf9624d5ac | APPLICATIONS |

---

## Important Book Facts

* The book belongs to Class 12.
* The subject is Economics.
* The board is CBSE.
* The curriculum is CBSE.
* The book contains 5 supplied chapters.
* The metadata contains 30 supplied topics.

---

## Related OKF Entities

| Entity Type | Title                            | Markdown URL                            |
| :---------- | :------------------------------- | :-------------------------------------- |
| Class       | Class 12 | https://www.edzy.ai/okf/class/cbse-class-12.md   |
| Subject     | Economics  | https://www.edzy.ai/okf/subject/cbse-class-12-economics.md |
| Chapter     | Introduction                   | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-introduction.md |
| Chapter     | Theory Of Consumer Behaviour    | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-theory-of-consumer-behaviour.md |
| Chapter     | Production And Costs            | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-production-and-costs.md |
| Chapter     | The Theory Of The Firm Under Perfect Competition | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-the-theory-of-the-firm-under-perfect-competition.md |
| Chapter     | Market Equilibrium               | https://www.edzy.ai/okf/chapter/cbse-class-12-economics-introductory-microeconomics-market-equilibrium.md |

---

## Source Attribution

| Field          | Value                            |
| :------------- | :------------------------------- |
| Source         | Edzy                             |
| Reference Type | examSubjectBook                |
| Reference ID   | 66ae541b191fdf5766655c00                  |
| Book ID        | 66ae541b191fdf5766655c00          |
| Canonical URL  | https://www.edzy.ai/cbse-class-12-economics-introductory-microeconomics |
| Markdown URL   | https://www.edzy.ai/okf/book/cbse-class-12-economics-introductory-microeconomics.md |
| Last Updated   | 2026-06-24  |