Basic Micro-Economics Principles : Volume One

Basic Micro-Economics Principles Volume One introduces readers especially economics students to the basic principles of micro-economics. The material covered in this Volume is suitable for undergraduate students and also post graduate students in the field of economics and other related fields in Business. Micro-economics is a study of economics at micro level that is at individual and household level. The Volume deals with the economic problem; demand and supply; elasticity of demand and supply; consumer behaviour; theory of production; cost of production; revenue and profit maximisation; perfect competition; imperfect competition; economic efficiency; game theory; and theory of distribution.