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Modern microeconomics

By: Material type: TextTextPublication details: New Delhi Bloomsbury 2023Edition: 2nd edDescription: 581 pISBN:
  • 9789356404106
Subject(s): DDC classification:
  • 338.5 KOU
Summary: This book provides a thorough exposition of the traditional and the 'modern' micro-theory. It concentrates on the models of behaviour of the basic economic units, consumers and producers. The main emphasis is on oligopoly, which is the typical market structure of the modern industrial world. In addition, this Second Edition includes a third part covering the three important topics of the theory of factor pricing, general equilibrium theory and welfare theory. The new edition thus covers all the topics usually included in textbooks on price theory. The book is written at an intermediate level, and is designed for undergraduate micro-theory courses. In addition, postgraduate courses, in which micro theory is taught not at too specialized a level, could make use of the text. The author has adopted the verbal approach, with extensive use of diagrams to illustrate the verbal exposition. Mathematical proofs (where necessary) are presented in footnotes, or, when in the text, they are printed in small print so as not to interrupt the main theme. A wealth of features make this textbook unique in both coverage and approach.
List(s) this item appears in: Finance and Economy | New Arrivals May, 2025
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Books Books Gandhi Smriti Library 338.5 KOU (Browse shelf(Opens below)) Available 178369
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This book provides a thorough exposition of the traditional and the 'modern' micro-theory. It concentrates on the models of behaviour of the basic economic units, consumers and producers. The main emphasis is on oligopoly, which is the typical market structure of the modern industrial world. In addition, this Second Edition includes a third part covering the three important topics of the theory of factor pricing, general equilibrium theory and welfare theory. The new edition thus covers all the topics usually included in textbooks on price theory.
The book is written at an intermediate level, and is designed for undergraduate micro-theory courses. In addition, postgraduate courses, in which micro theory is taught not at too specialized a level, could make use of the text. The author has adopted the verbal approach, with extensive use of diagrams to illustrate the verbal exposition. Mathematical proofs (where necessary) are presented in footnotes, or, when in the text, they are printed in small print so as not to interrupt the main theme.
A wealth of features make this textbook unique in both coverage and approach.

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