Already established as a seminal textbook on microeconomics, the 20th edition of Microeconomics continues to take the legacy forward with recent updates. This new edition presents the latest thinking of modern economists and emphasizes the analytical core of economics with particular attention to analysis of market economics. The text is designed to cover syllabi requirements of graduates taking up microeconomics. To enrich the book further for its Indian readers, Indian content has been added at relevant places to relate the concepts more specifically to the Indian context. This edition is a thoroughly updated version, and feedback from readers and academicians have been incorporated. Salient Features: 1) Special emphasis on application of economics to our environmental problems through emissions-trading plans
2) Prominence given to advanced topics such as modern financial theory, real business cycles, and global public goods 3) Fresh end-of-chapter questions, with a special accent upon short problems that reinforce major concepts 4) Thoroughly updated Indian economic data across the chapters