Table of Contents: Principles of microeconomics

Table of Contents:

Micro and Macro-economics The methodology and mathematical tools of economics Economic Statics and Dynamics Basic economic problems The capitalist economic system: the role of price mechanism Demand and law of demand Marginal utility analysis Indifference curve analysis of demand Marshallian utility analysis vs. Indifference curve analysis Revealed preference theory of demand Elasticity of demand Consumers Surplus Factors of production Theory of production Returns to scale Theory of production : optimum factor combination Cost of production and cost curves Supply and its elasticity Main market form sand concept of revenue Equilibrium of the firm Equilibrium of the firm and industry under perfect competition Price determination under perfect competition Some applications of demand and supply analysis Price and output under monopoly Price discrimination Price and output under monopolistic and imperfect competition Price and output under oligopoly Full cost pricing theory and sales maximization model Linear programming and the theory of the firm The theory of distribution Labour supply and wage determination Theory of rent The theory of interest The theory of profits