This book covers all the matter related to Principle of Microeconomics as per the syllabus of MJC/MIC I (Semester 1). The objective is to assess the decision-making processes of individuals, households and firms when faced with scarcity. It underscores the importance of resource allocation, production and consumption within market environments, drawing attention to essential concepts such as supply, demand, pricing (commonly known as the invisible hand), and efficiency. The emphasis is often placed on ensuring accessibility and relevance, while merging traditional theories with modern applications to improve student engagement.
Learning outcomes of this book covers microeconomics as a practical field aimed at comprehending individual decisions and market dynamics, while also detailing the textbook's teaching methodology to render these concepts both comprehensible and engaging.
Your cart is currently empty.
