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This glossary has been prepared as a convenience for students, teachers, journalists, businessmen, and other interested laymen who wish to follow the progress of current and future knowledge of microeconomics. The chief concern of compiling and updating a dictionary of microeconomics is to record the changes taking place in contemporary economics, to include new notions and new meanings of old notions. Each new age brings with it new developments and new ...
A series of new textbooks on mathematical treatment of microconomics have been published by devoting only a few pages to the economic analysis of mathematical formulation. The basic problem is that of teaching working tools of microeconomics in mathematical terms. The present textbook is intended for students of economics who possess some knowledge of both economics and mathematics. The selection of topics is indicated by economic, rather than mathematical ...
Consumption economics is the branch of economics that focuses on consumer’s behaviour as they allocate economic resources to satisfy their wants. Consumption economists make use of a generally accepted or standard body of economic theory about the behaviour of individual consumers and some theory pertinent to total or aggregate consumption for a large group of people, as in a whole country. In addition, researchers and economists carry on a great variety of ...
Traditional theory of economics has been formulated in mathematical terms and an increasing application of mathematical methods to nearly every branch of economics is increasingly witnessed. Mathematical economics has become an integral part of the syllabi in economics at undergraduate and postgraduate levels. Students of economics are also becoming acquainted with mathematics and are learning to use it in economics. Several new textbooks on mathematical ...
The dependence on synthetic pesticides has increased substantially after the advent of green revolution in India to sustain the increasing demand for food production for the burgeoning population. The un-realistic and injudicious use of synthetic pesticides for the past several years led to the outbreaks of many insect and non-insect pests. There has been realization on the importance of use of non-synthetic pesticidal approach for managing the pests in general ...