- In the present edition of the book, the applications of Micro Economic Theory have been specially emphasised throughout the book.
- The book is simple and interesting to follow, even by average students.
Unit I: Basics of Demand and Supply
Unit II: Consumer Behaviour
- Elasticity of Demand
- Elasticity of Supply
Unit III: Production
Unit IV: Cost of Production
Unit V: Perfect Competition
- Indifference Curve Theory and Applications
- Revealed Preference Theory
14th Revised Edition