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The title provided case studies to practices and analyze the business situation and apply economic laws wherever possible. Every chapter has been updated as per the needs. The shortcomings of the first edition have been looked into. We hope that the students community will well receive this title. Contents : Chapter 1 : Economics for Business Chapter 2 : Economic and Econometric Models Chapter 3 : The Theory of Consumer Behavior Chapter 4: Demand Analysis Chapter 5 : Demand Forecasting Chapter 6: Revenue Analysis and linear Programming Chapter 7 : Production Analysis Chapter 8: Cost Analysis Chapter 9 : Market Structure Chapter 10: Equilibrium of a Firm Under Perfect Competition Chapter 11: Pricing Under Monopoly and Monopolistic Competition Chapter 12 : Pricing Under oligopoly Chapter 13: Neoclassical Theory of Firm Chapter 14: Pricing Theories – Various Models Chapter 15: Managerial Theories of a Fipm Chapter 16: Pricing Methods, Policies and Practices Chapter 17: Circular Flow of Income Chapter 18: National Income Analysis Chapter 19: Macro Economic Policies and Balance of Payments Chapter 20: Inflation Chapter 21: Unemployment Chapter 22: Consumption Function Chapter 23: Rational Expectations Chapter 24: Supply Side Economics Chapter 25: Indian Economy – Planning Era Chapter 26: Characteristics of Indian Economy Chapter 27: Development of Indian Economy (Sector Wise Analysis) Highlights of Developmental Activities of Indian Economy Review of Recent Developments in Indian Economy Recent Policies of Government of India Case Studies Bibliography and References Objective Questions