Fundamentals of Business Economics

Contents: Preface. 1. Nature and functions of the economic system. 2. Central problems of an economic system. 3. Laws of demand and supply. 4. Theory of consumer demand. 5. Theory of production, cost and supply. 6. Determination of price and output in different types of markets. 7. Pricing of factors of production. 8. Partial and general equilibrium. 9. Income distribution and the standard of living. 10. Government and the economic system. 11. The national product and national income. 12. Determination of national income. 13. Fluctuations in national income. 14. Money and the economic system. 15. The banking system. 16. International trade and foreign exchange. Index. 

"Here is a book which will be eminently relevant to the degree courses in Commerce, Accountancy and Business Management. All the important problems in Business Economics have been comprehensively discussed. An outstanding feature of this book is that it stresses on the use of graphs and symbolic notations in describing business behaviour. The chapters follow each other in a logical sequence which will help the student to learn the essentials of economics analysis on his own and by his own efforts. For students specialising in Managerial Economics, the book provides ground work for a wider understanding of the basic principles involved."