This note aims at
exposing learners to the economics of cooperative and how cooperatives are
organized. Topics covered includes: Cooperative Concepts, Explanation of
Cooperative Terminologies, Promotional motives of Cooperative Business
Enterprises, The Need for Individuals with Similar Problems to Come together
to Form a Cooperative, Conditions under which a Cooperative can Perform
Effectively, Effects or Influences of Cooperative on Members and the General
Public, Explanation or Definition on the Terms Groups, SubGroups and
Bandwagon Effects in a Cooperative and how to Minimise Existing Conflicts
between Groups, Sources of Capital in Cooperatives, Classification of
Cooperative, Types of Cooperative Societies, their Functions and Assessment
of the Correctness of Available Classification.
The objective of
this book to familiarize the students with the basic concepts of economics
such as Demand, Supply, Goods, Utility and enable the students to understand
basic theories, Principles and laws relating to Consumption, Production and
Distribution.
The given link provides access to lecture notes for the
course Principles of Microeconomics offered by the Massachusetts Institute of
Technology (MIT) in the fall of 2018. The lecture notes cover a wide range of
topics in microeconomics, including supply and demand, consumer behavior, and
market equilibrium. The notes are authored by Professor Jonathan Gruber and are
designed to supplement his lectures. The notes include graphs, equations, and
real-world examples to illustrate key concepts. They are a useful resource for
students studying microeconomics or for anyone interested in understanding how
markets work.
Author(s): Prof. Jonathan Gruber, Massachusetts
Institute of Technology