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Mittal, Abha

Micro Economics: Theory and Application - 3rd ed - New Delhi Taxmann's Publication 2014 - 443p

Unit I: Demand, Supply and Elasticity
1. Demand And Supply
2. Basic Function Of Market: Determination Of Price
3. Numerical On Demand And Supply
4. Elasticity Of Demand And Supply
5. Theorems Of Elasticity
6. Numerical On Elasticity

Unit II: UTILITY
7. Demand analysis I: Marginal utility
8. Demand analysis II: Ordinal utility indifference curve
9. Budget Line and Consumer Equilibrium
10. Income and Price Consumption Curve
11. Engels Curve
12. Decomposition of Price Effect into Income and Substitution Effect
13. Application and Numerical of Indifference Curve
14. Revealed Preference Theory
Unit III: Production
15. Production Decisions of Firms In Short Run
16. Isoquants
17. Isoquants/Equal Product Curves
18. Numerical on Isoquant
19. Production Decision of Firms In The Long Run
20. Long Run Law of Production
Unit IV: Cost
21. Short Run Cost
22. Cost Curves In The Long Run
23. Derivation of Cost Curves
24. Learning Curve and Derivation of Cost Curves
UNIT V: Market and Stability Analysis
25. Market and Perfect Competition
26. Profit Maximization by a Competitive Firm (Choosing Output in the Short Run)
27. Choosing Output In The Long Run
28. Supply Curve and Producer Surplus under Perfect Competition
29. Effect of Tax and Subsidy
30. Stability Analysis
Ten Year Questions

ISBN: 9789350714911

Subjects--Personal Names:
Microeconomics

Dewey Class. No.: 338.5 / MIT