The book is according to the latest syllabus prescribed by the Department of Commerce, University of Delhi, for B.Com. (Hons.) IInd year w.e.f. July 2005 session.
The present volume of the book is absolutely as per required curriculum of the B.Com. (Hons.) Examination. In the revised syllabus Microeconomic Theory and Applications (Part-II) has been introduced as a 75 marks paper. The duration of the paper is 3 hours. The present volume of the book has been specially designed and written systematically to cover the new syllabus. Many new solved illustrations have been added in most of the chapters. It contains changes made by the course committee on 18th July, 2009.
As always, I will gratefully acknowledge comments and suggestions from readers and fellow teachers for further improvement in the book.
UNIT-I: MonopolyUNIT-II: Monopolistic Competition and Oligopoly
UNIT-III : Market for Factor Inputs
- Monopolistic Competition and Oligopoly
- Monopolistic Competition
- Non-Collusive Oligopoly
- Collusive Oligopoly
UNIT IV : Inter-Temporal Analysis and Choice Under Uncertainty
- Marginal Productivity Theory of Distribution
- Theories of Wages and Rent
UNIT-V : General Equilibrium and Market Failure
- Investment Decisions and Interest Rate Determination
- General Equilibrium
- Market Failure
13th Revised Edition