Basic Tools In Economics FYBcom Sem 1 Manan Prakashan| NEP 2020

• Publisher : Manan Prakashan
• Author: Mascarenhas, Chattergee,Mody
• Edition: 2024
• Availability: In Stock
• Normally Deliver within 3-4 days

• Description :
  Basic Tools In Economics FYBcom  Sem 1 Manan Prakashan As Per NEP 2020 as per Academic year 2024-25 . 

  We are pleased to present our book for the F.Y.B.Com. Semester-1 Mandatory Course of 2 credits - Basic Tools in Economics as per NEP 2020 w.e.f. the Academic Year 2024-25. This book will guide you through the foundational concepts that underpin this dynamic field.

  
  

  With this book you will navigate the basics, including:

  
  

  1. Assumption of Ceteris Paribus: Have you ever wondered how economists isolate specific factors? Dive into the world of ceteris paribus-a Latin phrase meaning "all else being equal." Discover its significance in separating cause-and- effect relationships.

  
  

  2. Variables, Functions, and Equations: Explore variables (the building blocks), functions (the rules of the game), and equations (the language of economics).

  
  

  3. Identities: Think of these as economic DNA. Identities reveal hidden connections-like how income equals consumption plus savings.

  
  

  See how equations and identities paint the big picture of theories/laws/phenomena in economics.

  
  

  4. Lines, Curves, and Slopes: Imagine economics as a canvas. Lines and curves-whether linear or nonlinear-paint vivid portraits of relationships. And slopes? They are the gradients that shape economic landscapes.

  
  

  5. Graphs and Diagrams: Grab your pencils! Graphs and diagrams visualise economic concepts. From demand- supply graphs to production possibilities frontiers, these visual aids bring theory to life.