The Story
This book breaks away from the standard microeconomics text for management students in numerous ways. Some of its relevant and useful features are as below:For the benefit of students, definition, taxonomy, and trivial memorization have been consciously deemphasized Graphical and logical derivations are supplemented by economic intuition in simpletounderstand English, though the rigor of algebraic treatment is retained Strong emphasis on concepts, their explanations, and understanding Numerous hypothetical reallife examples, largely pertaining to India Two completely new chapters, missing from other textbooks in India, viz., Demand for Assets and Game Theory and Economic Applications To test the understanding of the material, each chapter ends with a lot of questions emphasizing on the applications of the concepts and definitions
Description
This book breaks away from the standard microeconomics text for management students in numerous ways. Some of its relevant and useful features are as below:For the benefit of students, definition, taxonomy, and trivial memorization have been consciously deemphasized Graphical and logical derivations are supplemented by economic intuition in simpletounderstand English, though the rigor of algebraic treatment is retained Strong emphasis on concepts, their explanations, and understanding Numerous hypothetical reallife examples, largely pertaining to India Two completely new chapters, missing from other textbooks in India, viz., Demand for Assets and Game Theory and Economic Applications To test the understanding of the material, each chapter ends with a lot of questions emphasizing on the applications of the concepts and definitions
