Microeconomics: Markets, Methods and Models provides a concise, yet
complete, coverage of introductory microeconomic theory, application and
policy in a Canadian and global environment. Topics covered includes:
introduction to key ideas, Theories, models and data, The classical
marketplace – demand and supply, Measures of response: elasticities, Welfare
economics and externalities, Individual choice, Firms, investors and capital
markets, Production and cost, Perfect competition, Monopoly , Imperfect
competition, Labour and capital, Human capital and the income distribution,
Government and International trade.
Managerial economics, as the name itself implies, is an
offshoot of two distinct disciplines: Economics and Management. In other words,
it is necessary to understand what these disciplines are, at least in brief, to
understand the nature and scope of managerial economics.This PDF covers the
following topics related to Managerial Economics : Introduction to Managerial
Economics, Theory of Demand, Production Analysis, Cost Theory and Estimation,
Market Structure and Pricing Practices.
Author(s): Ms. Swathi, Assistant Professor, Institute of
Aeronautical Engineering
This note explains the
following topics: Divisions of Economics, Importance of Economics,
Agricultural Economics Meaning, Definition , Law of Diminishing Marginal
Utility meaning, Definition, Assumption, Limitation, Importance,
Indifference curve approach, Consumer’s Surplus, National Income, Public
Revenue, Public Revenue, Public Expenditure, Inflation, meaning definition,
kind of inflation.