Economics for B.A. Students Semester-I (NEP 2020 - Uttar Pradesh)

Economics for B.A. Students Semester-I (NEP 2020 - Uttar Pradesh)

Author : H L Ahuja

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  • ISBN : 9789355012210
  • Pages : 752
  • Binding : Paperback
  • Language : English
  • Imprint : S. Chand Publishing
  • © year : 2022
  • Size : 6.5 X 9.25

Price : 375.00 300.00

This textbook has been conceptualized to meet the need of B.A. First Semester students of Economics as per Common Minimum Syllabus prescribed for all Uttar Pradesh State Universities and Colleges under the recommended National Education Policy 2020. Maintaining the traditional approach to the subject, this textbook comprehensively covers first semester paper Principles of Microeconomics. This textbook acquaints the students with the important concepts of microeconomics such as demand, supply & market equilibrium, theory of consumer's behaviour, theory of production & cost, theory of firm & pricing in perfect competition, price & output under monopoly & imperfect competition, theory of distribution and lastly welfare economics & economic efficiency

·         Syllabi Relevant: As per Common Minimum Syllabus prescribed for all Uttar Pradesh State Universities and Colleges under the recommended National Education Policy 2020

·         Coverage on Important Topics: Indifference curve analysis of demand with an exclusive coverage on Slutsky substitution effect, cardinal utility analysis vs. indifference curves, production process and profit-maximising behaviour of firms, economic efficiency of perfect competition, drawbacks and remedies for monopoly, externalities and market failures, problem of imperfect information, and much more

·         Abundant Graphs and Figures: Facilitates understanding and recapitulation of concepts discussed

1: The Economic Problem: Scarcity and Choice
2: The Scope of Economics
3: Free Market Economy and Other Economic Systems
4: Demand, Supply and Competitive Market Equilibrium
5: Applications of Demand and Supply Analysis
6: Elasticities of Demand and Supply
7: Applications of Elasticities of Demand and Supply
8: Consumer Surplus, Producer Surplus and Welfare
9: Consumer's Behaviour: Marshall's Cardinal Utility Analysis
10: Consumer Surplus
11: Indifference Curve Analysis of Demand
12: Cardinal Utility Analysis Vs. Indifference Curve Analysis
13: Applications and Uses of Indifference Curves
14: Revealed Preference Theory of Demand
15: Production Process and Profit-Maximising Behaviour of Firms
16: The Theory of Production: Returns to a Variable Factor
17: Production Function with Two Variable Factors
18: Least-Cost Factor Combination: Technological Choice
19: Cost of Production and Cost Curves: Short Run and Long Run
20: Market Structures and Concepts of Revenue
21: Objectives of the Firm: A General Analysis
22: Equilibrium of the Firm under Perfect Competition
23: Equilibrium of the Industry and Long-Run Supply Curve Under Perfect Competition
24: Economic Efficiency of Perfect Competition
25: Price and Output under Monopolistic Competition
26: Price and Output under Oligopoly
27: Classical Models of Oligopoly: Cournot and Bertrand's Models
28: Theory of Games and Strategic Behaviour
29: Full-Cost or Mark-up Pricing and Sales Maximisation Models
30: Price and Output under Monopoly
31: Price Discrimination
32: Drawbacks and Remedies for Monopoly
33: Market Failures and Its Sources
34: Externalities and Market Failure
35: Public Goods and Market Failure
36: Imperfect Information Problem
37: Social Choice, Role of Government and Its Inefficiency
38: Pricing of Factors (Inputs) and Distribution of Income: A General View
39: Labour Market: Determination of Wages
40: Land Market and the Theory of Rent
41: Alternative Theories of Interest
42: Theory of Profits
43: Welfare Economics and Role of Value Judgements
44: Pareto Criterion and Economic Efficiency: General Equilibrium Approach
45: Kaldors Hicks' Welfare Criterion: Compensation Principle
46: Social Welfare Function

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