I am sharing with you the ebook & lecture notes of the subject Business economics. The attached PDF file will help you in your studies for Business economics and help you clearing your semester/trimester exams with ease.
The attached ebook/notes contain the following topics:
- Introduction to Business Economics, Scarcity, Choice and Efficiency, Demand Analysis, Supply Analysis, Equilibrium of Supply and Demand, Elasticity of Supply and Demand
- Utility Approach, Preference Approach in the context of consumer choice, Indifference Curve, Price Effect and Consumer Surplus
- Theory of Firm, Firm and its Production, Law of Variable Proportions, Cost Analysis, Economies of Scale
- Perfect Competition, Monopoly, Imperfect Competition, Monopolistic Competition, The Role of Government in the Market Economy, Pricing Strategy, Acquiring and Using Market Powers, Natural Monopoly, Profit Maximization and the Perfectly Competitive Firm
- Demand and Supply in Factor Market, Labour, Land, Capital and Natural Resources, Income and