Description
Key Features
- Syllabi Relevant: Updated and revised topics as per UGC model curriculum and new Choice Based Credit System (CBCS) syllabus
- New Chapters: Production Process and Profit-Maximising Behaviour of firms; Economic Efficiency of Perfect Competition; Remedies of Monopoly; Market Failures and its Sources; Externalities and Market Failure; Public Goods and Market Failure; Problem of Imperfect Information and Market for Lemons and Social Choice and Role of Government
- Student Friendly Features: Clear and comprehensive presentation and extensive use of graphs to understandably illustrate the economic principles
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