The author has great pleasure in presenting this edition of "Economics of Business". At the undergraduate level, a student of economics is expected to grasp the basic concepts of microeconomics as well as some concepts of macroeconomics.
In the first 20 chapters , the book exhaustively deals with the substance of macroeconomics - the theory of customer's behaviour, production, product pricing and the pricing of factors- rent, wages, interest and profit including theories of factors shares.
The remaining chapters, cover such selected topics of macroeconomics as National Income, Issue of Public Finance and Budgetary Policy together with a comprehensive exposition of Economic Systems.