Basics of Micro and Macro Economics

Contents: 1. Theory of demand. 2. Supply and law of supply. 3. Elasticity of demand. 4. Consumer’s behaviors: utility analysis. 5. Consumer’s behaviors: indifference curve analysis. 6. Revenue and revenue curves. 7. Cost and cost curves. 8. Market forms. 9. Pricing under perfect competition. 10. Pricing output under monopoly. 11. Pricing output under monopolistic competition. 12. National income. 13. Consumption functions. 14. Keyner’s multiplier. 15. Investment. 16. Inflation. 17. Monetary policy. 18. Fiscal policy.

There are numerous books on this subject but most of them miss the basic knowledge about Micro and Macroeconomics. Keeping in view the above-mentioned facts this book is presented to provide a clear understanding of the subject to the students and understand the basic concepts introduced. Wherever necessary, theory is presented precisely in style to let the students understand the concept. The material is presented in a very simple language and solved illustrations as and when required in order to make it easy to grasp.