• Micro Economics

Micro Economics Ashton Blanchard

  • ISBN: 9781788823760
  • Edition: 1st
  • ©Year: 2020

  • List Price : 150

About the Book

Micro economics is the study of individuals, households and firms' behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues. Micro economics stresses the relevance and application of microeconomic theory to decision making in both managerial and public policy. The book also provides a comprehensive treatment of Econometrics and Pricing Policies in Practice in its suit the needs of decision makers, whether associated with managerial decision making in the corporate world or pursuing management courses in various institutions. The coverage of the book also incorporates the dramatic changes that have occurred in this field in recent years, and the lucid exposition makes the text clear and accessible as well as lively and engaging. It is a student-friendly and teacher-friendly book.

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Contents: 1. Introduction to Economics, 2. Demand and Supply in Action:The Price Mechanism, 3. Approaches to Elasticity of Demand Analysis and Consumer Behaviour, 4. Production and Economic Equilibrium, 5. Cost: Concept and Classification, 6. Marketing: Concepts and Orientation.
Ashton Blanchard is Professor of Micro Economics. He has obtained his bachelor of statistics (Hons.) as well as her Masters from the National Statistical Institute, and also his doctorate from the same institute. For a long time, he has been associated in various research and teaching positions with the Statistical Institute. He has been a visiting professor in many universities. He is a prolific writer and a regular participant in academic and policy debates. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth. His published articles have appeared in academic journals, such as the Economic Review, Micro Economics, Journal of Political Economy, and Quarterly Journal of Economics, and in more widely accessible forums.

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