Economics is the study of how men and society choose, with or without the use of money to employ scarce productive resources which could have alternative uses to produce various commodities groups of society. With the increase in economic activities new products and commodities are coming up every now and then. The particular producer in order to succeed much know in details about various aspects relating to government policies, locational preference, layout, income, interest, wages, market structures, etc., so that he may well estimate and plan about his project and product. The book "Advanced Microeconomic Theory" is an elaborate and exhaustive presentation of all above concepts together with various theories and laws encompassed in lucid languages. Graphical and pictorial presentation and well explained examples are added to make the matter easy-to-understand. The book has been specifically designed to suit the needs of students of B.A., B.Com., M.A., M.Com., M.B.A., C.A., I.C.W.A. and C.S., teachers and researchers.
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