Managerial Economics

ISBN Number : 978-93-5202-631-9

Student Price : Rs.140

Student Dollar Price : 6$

Book Edition : First

Year of Publication : 2015

No. Of Pages : 210

Book Weight :0

About The Book

Managerial Economics is a core subject under management studies.

Recently, University of Mumbai has introduced a new curriculum for Management Studies in degree course at the undergraduate level.

Though there is no dearth of books on the subject of economics / business economic / managerial economics, none of them by themselves can adequately fulfill the requirements of this new syllabus. The present authors, thus, makes a humble attempt to fill up the gap and help the student community by giving their a suitable textbook catering to their special needs.

This textbook is intended to serve as a comprehensive / standard textbook on 'Managerial Economics' paper for the S.Y. BMS (Third Semester) Degree course of the Mumbai University, with a new approach.

This book is the outcome of long years of teaching and writing experience of the authors.

The author humbly claims the following distinctive features of the book :
- It thoroughly discusses the new syllabus of the Mumbai University for the S.Y. BMS (Third Semester) Degree course paper on 'Managerial Economics'.
- In the framework of the book, special care has been taken to avoid gaps in the sequential arrangement of topics and logical development of concepts and ideas of economic theory and their relevance to business economics.
- Topic covered are discussed, as far as possible, in a fairly self-contained manner.
- It is self-explanatory.
- It is lucid and simple.
- Brief Case Studies and examples on certain topics have been incorporated in the relevant chapters.


Contents :

1. Macroeconomic Aggregates and Concepts
2. Supply of Money
3. Demand for Money
4. Inflation
5. Determinants of Income and Employment: The Keynesian Analysis – An Overview
6. Theory of Multiplier
7. Business Cycles
8. International Trade: An Overview
9. Basis of Trade: Theory of Comparative Cost Difference
10. Factor Endowment Theory of International Trade
11. The Balance Payments
12. Monetary Policy
13. Fiscal Policy
14. Economic Stabilisation
15. Equilibrium in the Goods and Money Markets: IS-LM Model
16. Trade Policies; Free Trade vs. Protection
17. World Trade Organisation (WTO)
18. World Bank
19. Foreign Exchange Market and Exchange Rate System

About The Author

Professor D.M. Mithani has a Masters Degree in Economics and a Ph.D. in Banking and Finance from the University of Mumbai.

Dr. Mithani has teaching experience of over five decades serving in India at the University of Mumbai and the Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, besides his long-term association with the Universiti Utara Malasiya (UUM) at Malasiya and the Prince of Songkhla University (PSU) (Hatyai) and Thaksai University (Songkhla) at Thailand. He is also Adjunct Professor at Oriental Institute of Management, Vashi, Navi Mumbai. He was an elected member of the Executive Committee of the Indian Economic Association during 1988-1994. He is also having a honoured position of being an Professor Emeritus at the L.J. Institute of Business Management.

Dr. Mithani is a prolific writer. He has contributed widely to many journals, national and international seminars and conferences. He has published over 50 books in the field of Economics and Management. His latest publications include: Beyond Rhythms of Management, Management Economics, International Economics and Global Trade and Finance.

Durgesh Kumar Dubey -


Assistant Professor,

Department of Business Economics,

Hinduja College of Commerce,

Charni Road, Mumbai - 400 004.

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