Microeconomic Theory and Applications(Part II)

Microeconomics focuses on individual units like a consumer, a producer, a firm/industry, a commodity, etc. It analyses the behaviour of one market variable at a time. In microeconomics, the commodity markets are divided into perfect competitive markets and imperfect markets. 'Microeconomic Theory and Application (Part II)' deals with imperfect markets thet are boardly classified into monopoly, monopolistic competition and oligopoly. Apart from this, the book also deals with the concept of factor pricing and its various aspects, in detail.

This book supplements the classroom teaching and has been developed as per the syllabus of BCom (Hons) II year course of the University of Delhi. The book would prove to be equally useful for all microeconomics courses at the graduation level across all the universals in India.

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