Description

About the Book

The present book Advanced Microeconomics explains the traditional and modern microeconomics theories. It provides the explanation of the different economic units such as consumer and producer. The main emphasis in this book is given on the game theory where producer and consumer play different types of game to get high payoffs. This book covers four distinct parts of microeconomics theory.

• This book provides the explanation of modern theories with examples. The consumer equilibrium, production function, game theory, information economics, social welfare etc. are the important topics of this book.
• This book provides the systematic analysis of the consumer utility and behaviour. It is most relevant to the decision-making of individual.
• This book provides the modern theory of production function. There are different types of production functions which are explained in this book. Input-output analysis and different types of technology is strength of this chapter.
• The general equilibrium and social welfare is comprehensive chapter of this book which is basic strength of this book.
• Students find easy explanation of modern theory of microeconomics which will help them to analyze complex phenomena of modern world.

This book is written as per the syllabus of master degree in economics. In addition to postgraduate course, it is also useful to the students pursuing their doctorate in economics. They could make use of this text to explain theoretical concepts to practical analysis of different microeconomic phenomena. The author has taken help of three methods such as explanation, diagrams and equations to illustrate microeconomics models. This book is different because of number of points.

About the Author

Dr. Sanjay Rode has completed Ph.D from Department of Economics, University of Mumbai in 2005. His area of research interest is Development Economics. He has worked on several national and international research projects on different areas in economics. He has written more than thirty research papers and six books. He is doing major and minor research projects. At present, he is working as national economist on project of Asian Development Bank. He is the course coordinator of M.A. (Economics) in present organization. He is teaching Economics to both undergraduate and post graduate students in S.K. Somaiya College, University of Mumbai, India.