A comprehensive analysis of the theoretical tools, real-world applications, policy implications and corner solutions of microeconomics. This book offers a discussion of all significant topics including applications and extension of consumer theory, theory of the firm, production, cost and supply, partial and general equilibrium, welfare economics, uncertainty and information, market imperfections as well as a detailed overview of the theory of games.

It provides coverage of the basic as well as modern aspects in the subject, supported by India-centric examples, data and case studies. Complete with a number of original algebraic derivations and graphical expositions, this textbook will serve as an indispensible companion for students of microeconomics.