CEV GROUP LAUNCHES ESSENTIAL MICROECONOMICS VIDEO FOR IBBI VALUATION EXAMINATION CANDIDATES
New Delhi, January 29, 2025 – The Council of Engineers and Valuers (CEV) and CEV IAF RVO have recently released an insightful and comprehensive video tailored specifically for those preparing for the Insolvency and Bankruptcy Board of India (IBBI) Valuation Examination. The video, titled Microeconomics Essentials for IBBI Valuation Examination, offers an in-depth exploration of key microeconomic concepts that are pivotal for candidates seeking to excel in their valuation practice.
Understanding the price mechanism, market dynamics, and consumption theory is fundamental for professionals in the field of valuation, and the CEV Group’s initiative comes at a time when an increasing number of professionals are entering the valuation domain. The video covers crucial concepts such as indifference curves, consumer surplus, and elasticity, helping candidates grasp how economic agents make choices in competitive markets.
Furthermore, the video delves into the intricacies of the price mechanism, emphasizing the laws of demand and supply, equilibrium price, and the time element in economic decision-making. It provides a detailed examination of market structures, including perfect competition, monopoly, and imperfect competition, offering real-world applications for professionals dealing with asset valuation.
Candidates will also gain insights into the factors of production—land, labor, capital, and entrepreneurship—and their impact on pricing strategies. Topics like the theory of rent, nature of capital and interest, and theories of profit generation in organizations are explored, laying the groundwork for a deeper understanding of economic forces that influence valuation.
This video is poised to serve as a valuable educational resource for all aspirants aiming to clear the IBBI Valuation Examination, offering essential microeconomic knowledge needed for practical valuation applications in today’s dynamic market.
