Introductory Economic Theory [NEHU, Shillong] PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Introductory Economic Theory [NEHU, Shillong] PDF full book. Access full book title Introductory Economic Theory [NEHU, Shillong] by HL Ahuja. Download full books in PDF and EPUB format.

Introductory Economic Theory [NEHU, Shillong]

Introductory Economic Theory [NEHU, Shillong] PDF Author: HL Ahuja
Publisher: S. Chand Publishing
ISBN: 9352834739
Category :
Languages : en
Pages : 635

Get Book Here

Book Description
This book begins with an introduction to economics highlighting the economic problem of scarcity and choice. Further, it goes on and discusses the scope of economics as well as acquaints the students with the methodologies of economics. Basic microeconomic concepts such as demand, supply, competitive market equilibrium, elasticity and indifference curve analysis of demand have been explained in a simple and lucid manner. The book also dwells into theories of production, distribution, rent, interest and profits. It also discusses the market structures prevailing in the capitalist economy, namely, perfect competition and imperfect competition; thoroughly highlighting the sub categories of imperfect competition such as monopolistic competition, oligopoly and monopoly. Concepts of average revenue and marginal revenue have also been discussed in the book.