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Microeconomics for Business

by Satya P Das SAGE Publications Pvt. Ltd
Pub Date:
Pbk 372 pages
AU$82.00 NZ$84.35
Product Status: Title is Print on Demand - May take 4 weeks
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This book breaks away from the standard microeconomics text for management students, in numerous ways. Some of its relevant and useful features are as below: - For the benefit of students, definition, taxonomy and trivial memorization have been consciously de-emphasized - Graphical and logical derivations are supplemented by economic intuition, though the rigour of algebraic treatment is retained - Strong emphasis on concepts, their explanation, understanding and explanation - Numerous hypothetical and real-life examples - a majority pertaining to India - Two completely new chapters, missing from other textbooks in India, viz., Demand for Assets and Game Theory and Economic Applications - To test the understanding of the material, each chapter ends with a lot of questions emphasising on the applications of the concepts and definitions.

Setting Norms Introduction Demand Supply Consumer Behaviour Applications of Consumer Theory Demand Estimation and Forecasting Demand for Assets Types of Firms, Their Goals and Production Cost of Production and Financing of a Firm Profit Maximisation, Perfect Competition and the Supply Curve Demand, Supply and Equilibrium Optimality of a Competitive Market Structure, Market Failure and Corrective Measures Game Theory and Economic Applications Monopoly Monopolistic Competition and Oligopoly Factor Markets

Satya P Das is a Professor of Economics at the Statistical Institute, New Delhi. Previously, he was a Professor of Economics at Indiana University and University of Wisconsin-Milwaukee, USA, and has held visiting positions at various universities in different countries. He has authored the Class XII NCERT Textbook Introductory Microeconomics (2003) and the monograph New Perspectives on Business Cycles: An Analysis of Inequality and Heterogeneity (1993), and is a regular contributor to journals in economics. His current research interests include Economic Modelling of Terrorism, Impact of International Trade on Product Quality as well as various issues relating to Growth, Development and Distribution. He is the founding editor of Indian Growth and Development Review.