ABSTRACT

This book will sharpen the core decision-making skills of budding managers and entrepreneurs through the concepts, logic, and principles of microeconomics used in the book with suitable examples and cases from multiple industries from across the world. By placing strong emphasis on the fundamental theories, concepts, and their application in real-life business scenarios, the book presents chapters infused with relevant case-lets, snippets, and exercises. Written in simple and engaging conversational style, this book makes complex topics easily comprehensible to the readers who have virtually no background in economics.

This book will be useful to students, researchers, and teachers from the field of economics, applied economics, and business studies. Additionally, this book would also be an invaluable companion to aspiring business managers and corporate leaders.

chapter 1|38 pages

Introduction

chapter 2|34 pages

Forces of Demand and Supply

Price Mechanism at Work

chapter 3|28 pages

Elasticity of Demand and Supply

chapter 4|48 pages

Consumer Behaviour

chapter 5|22 pages

Applications of Consumer Theory

chapter 6|24 pages

Demand Forecasting

chapter 7|58 pages

Production, Costs, and Revenues

chapter 10|23 pages

Monopoly

chapter 12|21 pages

Decision-Making under Uncertainty

chapter 13|19 pages

Asset Markets and Portfolio Choice

chapter 14|24 pages

Markets for Factors of Production

chapter 15|40 pages

Going Global