Business Economics – Nep 3rd Semester

Book Description:

“Business Economics” by Anupam Sarma, published by Mahaveer Publications, is a meticulously crafted textbook designed for the 3rd Semester FYUGP syllabus of Dibrugarh and other Indian Universities. This book provides a thorough understanding of both micro and macroeconomic principles, essential for budding business economists.

The content is organized into four comprehensive units:

• Unit I: Covers the nature and scope of Business Economics, the role of a business economist, and the distinctions between micro and macroeconomics.
• Unit II: Focuses on demand and supply analysis, including laws, determinants, and market equilibrium.
• Unit III: Discusses theories of consumption and production, cost theories, pricing strategies, and profit theories.
• Unit IV: Explores market structures, competition types, factors of production, factor pricing, trade cycles, and international trade.

This textbook serves as a foundational resource for students aiming to excel in the field of business economics.