SCO 210-211, New Petrol Pump, Sec-34A, Chandigarh
Welcome to Amit Book Depot.
7696866526, 0172 2665665
Categories

Have Doubts Regarding This Product ? Ask Your Question

  • Q1
    Who are the authors of the textbook?
    A1

    The textbook is authored by T.R. Jain, R.K. Uppal, and A.S. Sandhu, a distinguished team known for their expertise in economics.

  • Q2
    Who are the authors of the textbook?
    A2

    The textbook is authored by T.R. Jain, R.K. Uppal, and A.S. Sandhu, a distinguished team known for their expertise in economics.

  • Q3
    How does the Introductory Microeconomics textbook align with the syllabus and academic requirements set by Panjab University?
    A3

    The textbook is meticulously designed to align with the NEP syllabus followed by Panjab University for first-year economics students, covering all essential topics required for academic success in microeconomics, ensuring that students are well-prepared for examinations and practical applications of economic theories.

  • Q4
    Are there visual aids like graphs or diagrams in the book?
    A4

    Yes, the book includes diagrams, such as isoquants and isocost lines, to visually represent complex economic concepts, which enhances comprehension.

  • Q5
    How does the textbook help students understand production processes?
    A5

    The textbook delves into the Theory of Production, highlighting production functions, economies of scale, and producers' equilibrium, which together give insights into efficient resource allocation.

  • Q6
    Does the book discuss the concept of revenue in detail?
    A6

    Yes, it thoroughly examines revenue concepts, including total, average, and marginal revenue, and the relationships between them.

  • Q7
    How can students use this textbook to prepare for exams?
    A7

    Students are encouraged to engage with the material actively, review the chapter summaries, and practice the concepts through questions and exercises included in the book.

  • Q8
    Is this textbook a suitable resource for both theoretical and applied economics?
    A8

    Absolutely, it provides both theoretical frameworks and practical applications that are essential for a well-rounded understanding of microeconomics.

  • Q9
    How can this book assist students in their internships or future careers?
    A9

    The solid foundation in microeconomic principles and practical applications prepares students for real-world economic analysis, making it a valuable resource for internships and future careers in economics and business.

  • Q10
    Does the textbook provide resources or references that align with the research initiatives at Panjab University?
    A10

    While the primary focus is on foundational concepts, the textbook also encourages students to explore further readings and research articles that can complement their studies and align with ongoing research initiatives at Panjab University.

0.00

0 Overall Rating
  • 5
    0
  • 4
    0
  • 3
    0
  • 2
    0
  • 1
    0

Try this product & share your review & thoughts

1.Meaning,nature and scope of economics 
2.Deductive and inductive methods 
3.The economics problems:Scarcity and choice 
4.Theory of demand 
5.Elasticity of demand 
6.Cardinal utility analysis
7.Indifference curve analysis
8.Consumer’s surplus 
9.Theory of production 
10.Isoquants and isocost lines:producer’s equilibriu
11.Theory of costs
12.Supply and elasticity of supply
13.Market equilibrium
14.Concepts of revenue
15.Break-even analysis
Unit-1 
Exploring the Subject Matter of Economics: Why Study Economics? Meaning, Nature,Scope and Method of Economics;The Economic Problem: Scarcity,Choice ad Opportunity Cost;The Question of what to Produce,How to produce and how to Distribute output.
Theory of demand and Elasticity of Demand: Concept, Types Measurement, Determinants and Importance.

Unit-2 
Theory of Consumer Behaviour: Cardinal Utility analysis. Ordinal Utility Analysis: Indifference curve analysis; properties of Indifference curves; Budget Constraint, Consumer's Optimum Choice; Consumption and Income/Price Change; Price, Income and Substitution Effects. Consumer's Surplus and its measurement.

Unit-3
Theory of production: Production function, Law of variable proportions, Iso-Quants and Iso cost Lines, Returns to scale, Producers Equilibrium and Expansion path, Economies and Diseconomies of scale.
Cost Analysis: Concepts of Cost, Cost in Short Run and Long run (Tradition Theory).


Unit-4
Law of Supply: Concept,Determinants and Importance: Measurement of Elasticity of Supply, Market Equilibrium; Excess Demand,Excess Supply and Changes in Equilibrium.
Revenue:Concept of Revenue,Total, Average and Marginal Revenue, Relationship between Marginal Revenue, Average Revenue and Elasticity of Demand.Break-even Analysis and its uses.

Top Trending Products

Related Products

Related Blog Posts