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ISBN
:
9788120301412
Publisher
:
Phi Learning
Subject
:
Business & Management
Binding
:
Paperback
Pages
:
720
Year
:
2009
₹
395.0
₹
331.0
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View DetailsDescription
This new edition of the highly acclaimed text offers a comprehensive description of the current body of microeconomic theory and its applications to operations research. It explains the logic of analysis and offers detailed discussions on how business practice can become more practical with keen abstract analysis of its problems. The standard topics of microeconomics and mathematical economics, as well as a number of new topics havebeen covered. The organization of the book has been revised on the basis of economic area covered. Table Of Contents PART ONE: ANALYTIC TOOLS OF OPTIMIZATION Optimization and an Example from Inventory Analysis. Some Elementary Mathematics. Marginal Analysis. Maximization, Minimization, and Elementary Differential Calculus. Linear Programming. Duality. Nonlinear Programming. Kuhn-Tucker Methods. PART TWO: DEMAND AND PRODUC-TION THEORY Demand Curves, Utility Surfaces and Indifference Maps. On Empirical Determination of Demand Relationships. Production and Cost. Linear Programming and the Theory of Production. Comparative Statics and Maximization: Consumers and Firms. Towards Observability: Revealed Preference and Expenditure and Cost Functions. PART THREE: FIRMS, GAMES AND DECISIONS The Firm and Its Objectives. Market Structure, Pricing, and Output. Neumann-Morgenstern Utility Theory. Game Theory. Decision Theory. PART FOUR: GENERAL EQUILIBRIUM, WELFARE AND DISTRIBUTION General Equilibrium and the Theory of Money. General Equilibrium andWelfare Economics. Input-Output Analysis. Activity Analysis and General Equilibrium. Theory of Distribution. Capital and Investment Decisions. Capital and Distribution Theory. Answers to Problems. Index.
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