Intermediate Microeconomics with Applications

Download or read book Intermediate Microeconomics with Applications written by Aroop K. Mahanty and published by Academic Press. This book was released on 2014-05-10 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intermediate Microeconomics with Applications describes the methods and practicality of microeconomics, specifically the actual empirical models. This book is divided into 17 chapters and begins with discussions of the principles and concept of utility, preference, indifference and revenue analysis, demand, and production. The succeeding chapters deal with the production theory, the applications of linear programming, theory of costs, and profits. Other chapters explore the fundamentals of perfect and imperfect competition, the issues of pricing, and decision making under uncertainty. The final chapters discuss some factors of production and marketing, the link between the so-called “general equilibrium and welfare economics, and some economic regulation. This book will be of value to economists and business managers.