Microeconomics II (For University of Delhi)

Description Keeping the continuous economic changes in mind, this book isdesigned to make the students understand complex microeconomictheories in the simplest of possible ways. Structured specificallyfor the students of B. Com. (H) studying Microeconomics II in DelhiUniversity, the intentions are to create a standard text forundergraduate students, providing them with sufficient studymaterial for tackling examinations and learning holistically. Each chapter begins with learning objectives Plenty of numerical examples Questions of various universities are given at the end of each chapter Three years' question papers are given at the end of the book. The Objectives of Business Firms and Their Market Powers Price and Output Determination Under Perfect Competition Price and Output Determination Under Monopoly Price and Output Determination Under Monopolistic Competition Price and Output Determine Oligopoly The Factor Market: Factor Demand and Supply Wage Determination Under Perfect Competition Wage and Employment Determination Under Imperfect Competition Theory of Rent Theories of Interest and Investment Decisions Theories of Profit Product Exhaustion Theorem General Equilibrium Analysis Welfare Economics: Pareto Optimality New Welfare Economics Market Failures and Public Goods D. N. Dwivedi is Professor at Maharaja Agrasen Institute ofManagement Studies, Rohini.