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Salient Features: To obtain a better understanding of the changing business environment, managers need to analyse economic problems at two levels- microeconomic and macroeconomic. Economics for Managers helps students understand concepts in both microeconomics and macroeconomics and their application in the business environment. The first part of the book focuses on the nature of individual consumption and production units within a particular market oe economic system. The second part deals with the overall performance of the economic system and examines issues such as unemployment, inflation and economic growth.
Table Of Contents: Part I: Microeconomics Chapter 1: Introduction to microeconomics Chapter 2: Theory of Demand and Supply Chapter 3: Consumer behaviour Chapter 4 Production Function Chapter 5: Analysis of Costs Chapter 6: Perfect Competition Chapter 7: inperfect Competetion Chapter 8: Rent and Wages Chapter 9: Interest and Profit Chapter 10: Forecasting and Decision Making Part II: Macroeconomics Chapter 11: Introduction to macroeconomics Chapter 12: National Income Chapter 13: Consumption and Investment Function Chapter 14: Classical and Keynesian Economics Chapter 15: Fiscal Policy and Budget Deficit Chapter 16: Monetary policy Chapter 17: Inflation Chapter 18: Banking and Money Supply Chapter 19: International Trade and Balance of Payments Chapter 20: Economic Indiacators Chapter 21: Business Cycles Chapter 22: Economic Growth, Development and planning