Modern Microeconomics: Theory and Applications, 19th Edition (LPSPE)

Author: H L Ahuja

Brand: S.Chand Publishing

Edition: Nineteenth

Binding: paperback

Number Of Pages: 976

Release Date: 06-01-2022

Details: This book is designed as the updated syllabus of B.A.(Hons.) Economics and B.Com. (Hons.) of the universities. Also added various topics of UGC new syllabi of B.A. (Hons.) Economics, B.Com. (Hons.) and B.A. (Hons.) Business Economics under the ';Choice Based Credit System' (CBCS) which is to be adopted by all India Universities. It explains the use of graphs in economics, various types of curves and measurement of their slopes, the concept of function, both linear and power functions, the concept of derivatives and the use of differential calculus as optimising technique for solving the problems of maximisation and minimisation in economics. This book will help the students to understand various economic theories better as economics in recent years has become increasingly mathematical. This book will also be of immense use for professional courses such as Business Economics, BBA, CA, ICWA and for the candidates preparing for all India and State level competitive examinations such as IAS, IES and allied services., This book is designed as the updated syllabus of B.A.(Hons.) Economics and B.Com. (Hons.) of the universities. Also added various topics of UGC new syllabi of B.A. (Hons.) Economics, B.Com. (Hons.) and B.A. (Hons.) Business Economics under the ';Choice Based Credit System' (CBCS) which is to be adopted by all India Universities. It explains the use of graphs in economics, various types of curves and measurement of their slopes, the concept of function, both linear and power functions, the concept of derivatives and the use of differential calculus as optimising technique for solving the problems of maximisation and minimisation in economics. This book will help the students to understand various economic theories better as economics in recent years has become increasingly mathematical. This book will also be of immense use for professional courses such as Business Economics, BBA, CA, ICWA and for the candidates preparing for all India and State level competitive examinations such as IAS, IES and allied services.This book is designed as the updated syllabus of B.A.(Hons.) Economics and B.Com. (Hons.) of the universities. Also added various topics of UGC new syllabi of B.A. (Hons.) Economics, B.Com. (Hons.) and B.A. (Hons.) Business Economics under the ';Choice Based Credit System' (CBCS) which is to be adopted by all India Universities. It explains the use of graphs in economics, various types of curves and measurement of their slopes, the concept of function, both linear and power functions, the concept of derivatives and the use of differential calculus as optimising technique for solving the problems of maximisation and minimisation in economics. This book will help the students to understand various economic theories better as economics in recent years has become increasingly mathematical. This book will also be of immense use for professional courses such as Business Economics, BBA, CA, ICWA and for the candidates preparing for all India and State level competitive examinations such as IAS, IES and allied services.PART-I: SCOPE AND METHODOLOGY OF ECONOMICS
The Economic Problem: Scarcity and Choice
Production Possibility Curve, Choice and Opportunity Cost
The Scope of Economics
The Science of Economics and its Methodology
Basic Competitive Model and the Role of Price Mechanism
Alternative Economic Systems and Market-Friendly New Economic Reforms PART-II: THE THEORY OF DEMAND
Demand, Supply and Market Equilibrium
Applications of Demand and Supply Analysis
Consumer Surplus Producer Surplus and Competitive Market and Taxation
Consumer's Behaviour: Cardinal Utility Analysis
Indifference Curve Analysis of Consumer's Demand
Cardinal Utility Analysis vs. Indifference Curve Analysis
Some Important Applications of Indifference Curves
Labour Supply and Saving Decisions
Revealed Preference Theory of Demand
Elasticity of Demand
Consumer Surplus PART-III: THE THEORY OF PRODUCTION AND COST
Factors of Production
The Theory of Production: Returns to a Factor
Production Function with Two Variable Factors
Optimum Factor Combination
Cost of Production and Cost Curves
Elasticity of Supply PART-IV: THE THEORY OF FIRM AND PRICING IN VARIOUS MARKET STRUCTURES
Main Market Forms and Concepts of Revenue
Objectives of the Firm and its Equilibrium - A General Analysis
Equilibrium of the Firm and Industry under Perfect Competition
Price Determination under Perfect Competition
Stability of Equilibrium and Cobweb Model
Price and Output under Monopoly
Government Policies towards Monopoly and Competition
Price Discrimination
Price and Output under Monopolistic Competition
Price and Output under Oligopoly
Sales Maximisation Model of Oligopoly
Theory of Games and Competitive Strategy PART-V: THE THEORY OF DISTRIBUTION
The Theory of Distribution: A General View
Wage Determination in Competitive and Imperfectly Competitive Markets
The Theory of Rent
Alternative Theories of Interest
The Theory of Profits PART-VI: GENERAL EQUILIBRIUM

EAN: 9789355011015

Package Dimensions: 9.4 x 6.8 x 1.7 inches

Languages: English