We have a great pleasure to bring forth our first edition of the text book on Introduction to Economics, prepared strictly according to the revised syllabus for credit based semester system introduced for F.Y. BMM degree course of the University of Mumbai.
It is our sincere efforts to make the topics simple and present them to the brilliant as well as average and below average students. At the end of the chapters, review questions will help the students for preparation in their exam.
Contents –
Section I : Basic Concepts in Microeconomics
1. Introduction to Economics
2. Consumer Behaviour and Demand Analysis
3. Elasticity of Demand
4. Production Function
5. Economies of Scale
6. Cost of Production and Revenue
7. Break-even Analysis
8. Market Structure
Section II : Macroeconomics
9. Introduction to Macroeconomics
10. National Income: Concepts and Measurement
11. Supply and Demand for Money
12. Price Level and Inflation
13. Commercial Banking and Central Banking
14. Brief Understanding of Government
15. Overview of Indian Economy
16. Introduction to External Sector
