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Microeconomics is one of the most ignored areas in UPSC preparation — but it can easily fetch you 2–4 marks with just one focused revision. In this 1-hour crash course, I have covered the entire foundation of basic microeconomics in a clear, exam-oriented way. This video is designed specifically for UPSC Prelims aspirants who want maximum output in minimum time. Topics covered: Importance of microeconomics for UPSC 2:31 • Questions from NCERTs in past exams (4:11) • Organization of Economic Activities (11:09) • Market-led economy (11:48) • Command economy (13:06) • Mixed economy (15:04) • Theory of Consumer Behavior (17:46) • Indifference curve (21:19) • Budget line (23:36) • Marginal rate of substitution (24:22) • Optimal choice of consumers (25:24) • Law of Demand & Types of Goods (29:04) • Speculative effects (30:02) • Law of Supply (55:42) • Production, Costs & ICOR (Incremental Capital Output Ratio) (40:50) • Law of diminishing marginal product (42:37) • Theory of Firm (50:40) • Perfect competition (52:49) • Monopoly (53:08) • Oligopoly (53:29) • Monopolistic competition (55:04) • Market Supply & Supply Curve (55:42) • Market equilibrium (59:03) If you revise this lecture properly, you will be able to solve most microeconomics questions asked in UPSC Prelims. Watch till the end, take notes, and revise once more before the exam. Subscribe for more high-impact UPSC content and focused crash revisions. #upscprelims #microeconomics #upsc2026 #economyforupsc #upscpreparation #upscrevision #prelimsstrategy #CrashCourseUPSC #shahnshah #indianeconomy #upsceconomy