Break Even Economics

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Break Even Economics

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Break Even Economics by : Fouad Sabry

Download or read book Break Even Economics written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Break Even Economics The point at which total costs and total revenues are equal, or "even," is referred to as the break-even point (BEP) in the fields of economics, business, and cost accounting. It is possible to say that one has "broken even" because there is neither a net loss nor a gain, despite the fact that opportunity costs have been paid and capital has received the risk-adjusted, projected return. As a result, there is neither a profit nor a loss, and all of the costs that are required to be paid have been paid. Karl Bucher and Johann Friedrich Scher are the ones that came up with the development of the break-even analysis. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Break-even (economics) Chapter 2: Monopoly Chapter 3: Perfect competition Chapter 4: Cost accounting Chapter 5: Profit maximization Chapter 6: Cost-plus pricing Chapter 7: Marginal cost Chapter 8: Variable cost Chapter 9: Operating leverage Chapter 10: Cournot competition Chapter 11: Gross margin Chapter 12: Contribution margin Chapter 13: Cost curve Chapter 14: Total cost Chapter 15: Pricing strategies Chapter 16: Average variable cost Chapter 17: Cost-volume-profit analysis Chapter 18: Shutdown (economics) Chapter 19: Cigar Box method Chapter 20: Profit-based sales targets Chapter 21: Profit model (II) Answering the public top questions about break even economics. (III) Real world examples for the usage of break even economics in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Break Even Economics.

Break-even Analyses

Author : Marcell Schweitzer
Publisher :
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Break-even Analyses by : Marcell Schweitzer

Download or read book Break-even Analyses written by Marcell Schweitzer and published by . This book was released on 1992-01-06 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specifically, single and multi-dimensional break-even approaches into managerial styles and business economics are analyzed at different levels of complexity. Demonstrates how specific influences on production costs and inputs can be taken into account in break-even analyses founded on production-theoretic principles. Also discussed are different forms of dynamic, non-linear and stochastic break-even analyses.

Breakeven Analysis

Author : Michael E. Cafferky
Publisher : Business Expert Press
ISBN 13 : 1606490176
Total Pages : 171 pages
Book Rating : 4.6/5 (64 download)

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Book Synopsis Breakeven Analysis by : Michael E. Cafferky

Download or read book Breakeven Analysis written by Michael E. Cafferky and published by Business Expert Press. This book was released on 2010-08-11 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the vocabulary of cost-volume-profit (breakeven) analysis (CVP), explores the breadth of applications of CVP, and illustrates the use of CVP concepts in a broad range of management and marketing scenarios. The book examines the proper identification of a 'unit', the various formulations of breakeven, profit planning using the breakeven formulas, and the application of CVP in sensitivity analysis. Each chapter will offer several important ingredients for a practical 'how to' approach: the type of data needed, the formula, how to calculate and interpret the math, a specific example followed by a brief review of the assumptions and limitations of that method.

Breakeven Analysis

Author : Michael E. Cafferky
Publisher : Business Expert Press
ISBN 13 : 1631570927
Total Pages : 172 pages
Book Rating : 4.6/5 (315 download)

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Book Synopsis Breakeven Analysis by : Michael E. Cafferky

Download or read book Breakeven Analysis written by Michael E. Cafferky and published by Business Expert Press. This book was released on 2014-08-26 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition continues with the successful comprehensive collection of cost-volume-pro t applications. Whether you’re a business professional, entrepreneur, business professor, or student, you will bene t from this one stop how-to book of formulas, explanations, and examples. This new edition offers a wide range of topics, from calculating basic breakeven, to dealing with multiple products, mixed costs, changing costs, and changing prices. Michael E. Cafferky is the Ruth McKee Chair for Entrepreneurship and Business Ethics at Southern Adventist University’s School of Business and Management. In an addition to a doctoral degree in business from Anderson University Falls School of Business he also holds masters degrees in public health and religion. The author of eight books, Cafferky is a member of the Academy of Management and the Christian Business Faculty Association. He has received Southern’s President’s Award for Excellence in Scholarship and the national Sharon Johnson Award from the Christian Business Faculty Association.

Principles of Accounting Volume 2 - Managerial Accounting

Author : Mitchell Franklin
Publisher :
ISBN 13 : 9781680922943
Total Pages : 746 pages
Book Rating : 4.9/5 (229 download)

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Book Synopsis Principles of Accounting Volume 2 - Managerial Accounting by : Mitchell Franklin

Download or read book Principles of Accounting Volume 2 - Managerial Accounting written by Mitchell Franklin and published by . This book was released on 2019-02-14 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: A less-expensive grayscale paperback version is available. Search for ISBN 9781680922936. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.

Break-Even Analysis

Author :
Publisher : Bookboon
ISBN 13 : 8776812901
Total Pages : 19 pages
Book Rating : 4.7/5 (768 download)

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Book Synopsis Break-Even Analysis by :

Download or read book Break-Even Analysis written by and published by Bookboon. This book was released on with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Production Economics

Author : Anoop Desai
Publisher : CRC Press
ISBN 13 : 0429944780
Total Pages : 519 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis Production Economics by : Anoop Desai

Download or read book Production Economics written by Anoop Desai and published by CRC Press. This book was released on 2018-08-06 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves a unique purpose within the world of engineering. It covers the economics of modern manufacturing and focuses on examining the techniques and methods from a cost perspective. It can be used by both students and professionals alike. The book is useful to students in industrial engineering and mechanical engineering programs as a primary textbook for engineering economy, production costing, and related courses. It can also be used by MBA students specializing in production management and finance. Specific topics of coverage include the computation of direct and indirect cost for manufacturing operations, including a variety of overhead operations in such an environment. Costing of manufacturing methods such as casting, forging, turning, milling, and welding is addressed along with inventory analysis. The book also includes fundamental concepts such as cash flow analysis, present and future worth analysis, and rate of return analysis. Related topics such as equipment replacement, comparison of alternatives, depreciation, buy versus make decisions, interest factors, and equivalence are covered in detail as well. Key Features: Addresses the costing of manufacturing operations through a step-by-step problem solving approach. Includes traditional engineering topics such as cash flow analysis, present worth, future worth analysis, replacement analysis, equivalence, and depreciation are addressed in depth as well. Offers a variety of solved examples that can be used to develop a thorough understanding of the underlying concept. Provides a number of practice problems at the end of each chapter. Presents a large number of figures and tables in almost every chapter, to assist in visualizing the concept and apply it successfully. Production Economics: Evaluating Costs of Operations in Manufacturing and Service Industries focuses on rigorous problem solving. Each topic is presented succinctly along with numerous solved examples, along with a large number of end-of-chapter practice problems where applicable.

HBR Guide to Dealing with Conflict (HBR Guide Series)

Author : Amy Gallo
Publisher : Harvard Business Review Press
ISBN 13 : 1633692167
Total Pages : 224 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis HBR Guide to Dealing with Conflict (HBR Guide Series) by : Amy Gallo

Download or read book HBR Guide to Dealing with Conflict (HBR Guide Series) written by Amy Gallo and published by Harvard Business Review Press. This book was released on 2017-03-14 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: While some of us enjoy a lively debate with colleagues and others prefer to suppress our feelings over disagreements, we all struggle with conflict at work. Every day we navigate an office full of competing interests, clashing personalities, limited time and resources, and fragile egos. Sure, we share the same overarching goals as our colleagues, but we don't always agree on how to achieve them. We work differently. We rub each other the wrong way. We jockey for position. How can you deal with conflict at work in a way that is both professional and productive—where it improves both your work and your relationships? You start by understanding whether you generally seek or avoid conflict, identifying the most frequent reasons for disagreement, and knowing what approaches work for what scenarios. Then, if you decide to address a particular conflict, you use that information to plan and conduct a productive conversation. The HBR Guide to Dealing with Conflict will give you the advice you need to: Understand the most common sources of conflict Explore your options for addressing a disagreement Recognize whether you—and your counterpart—typically seek or avoid conflict Prepare for and engage in a difficult conversation Manage your and your counterpart's emotions Develop a resolution together Know when to walk away Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

Misbehaving: The Making of Behavioral Economics

Author : Richard H. Thaler
Publisher : W. W. Norton & Company
ISBN 13 : 0393246779
Total Pages : 502 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Misbehaving: The Making of Behavioral Economics by : Richard H. Thaler

Download or read book Misbehaving: The Making of Behavioral Economics written by Richard H. Thaler and published by W. W. Norton & Company. This book was released on 2015-05-11 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the Nobel Prize in Economics Get ready to change the way you think about economics. Nobel laureate Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world. Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments. Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber. Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining. Shortlisted for the Financial Times & McKinsey Business Book of the Year Award

Doughnut Economics

Author : Kate Raworth
Publisher : Chelsea Green Publishing
ISBN 13 : 1603587969
Total Pages : 322 pages
Book Rating : 4.6/5 (35 download)

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Book Synopsis Doughnut Economics by : Kate Raworth

Download or read book Doughnut Economics written by Kate Raworth and published by Chelsea Green Publishing. This book was released on 2018-03-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

Introductory Economics

Author : Arleen J. Hoag
Publisher : World Scientific
ISBN 13 : 9812568913
Total Pages : 534 pages
Book Rating : 4.8/5 (125 download)

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Book Synopsis Introductory Economics by : Arleen J. Hoag

Download or read book Introductory Economics written by Arleen J. Hoag and published by World Scientific. This book was released on 2006 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: This carefully constructed textbook empowers the reader with an understanding of fundamental economic concepts. There are 31 ?one-concept? chapters. Each short chapter highlights one economic principle. The student can study one concept and be reinforced by the learning process before proceeding to another. The writing is lucid and at the student's level. Self-review exercises conclude each chapter. The text is well integrated to show the relationship among the basic concepts and to offer a comprehensive overview of economics. The one-concept chapters provide organizational flexibility for the instructor. There are eight modules: The Economic Problem; Price Determination; Behind the Supply Curve; Measuring the Economy, The Level of Income; Money; Trade; Conclusion.A study guide is available on line without charge. Each chapter in the text has a corresponding chapter in the study guide as well as an introduction to graphing.

Economics in One Lesson

Author : Henry Hazlitt
Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Economics in One Lesson by : Henry Hazlitt

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Engineering Economics and Economic Design for Process Engineers

Author : Thane Brown
Publisher : CRC Press
ISBN 13 : 1420008102
Total Pages : 368 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Engineering Economics and Economic Design for Process Engineers by : Thane Brown

Download or read book Engineering Economics and Economic Design for Process Engineers written by Thane Brown and published by CRC Press. This book was released on 2016-04-19 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineers provides the tools and methods to resolve design and economic issues. It helps you integrate technical and economic decision making, creating more profit and growth for your organization. The book puts methods that are simple, fast, and inexpensive within easy reach. Author Thane Brown sets the stage by explaining the engineer’s role in the creation of economically feasible projects. He discusses the basic economics of projects — how they are funded, what kinds of investments they require, how revenues, expenses, profits, and risks are interrelated, and how cash flows into and out of a company. In the engineering economics section of the book, Brown covers topics such as present and future values, annuities, interest rates, inflation, and inflation indices. He details how to create order-of-magnitude and study grade estimates for the investments in a project and how to make study grade production cost estimates. Against this backdrop, Brown explores a unique scheme for producing an Economic Design. He demonstrates how using the Economic Design Model brings increased economic thinking and rigor into the early parts of design, the time in a project’s life when its cost structure is being set and when the engineer’s impact on profit is greatest. The model emphasizes three powerful new tools that help you create a comprehensive design option list. When the model is used early in a project, it can drastically lower both capital and production costs. The book’s uniquely industrial focus presents topics as they would happen in a real work situation. It shows you how to combine technical and economic decision making to create economically optimum designs and increase your impact on profit and growth, and, therefore, your importance to your organization. Using these time-tested techniques, you can design processes that cost less to build and operate, and improve your company’s profit.

Capital Budgeting

Author : Don Dayananda
Publisher : Cambridge University Press
ISBN 13 : 113943487X
Total Pages : 290 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Capital Budgeting by : Don Dayananda

Download or read book Capital Budgeting written by Don Dayananda and published by Cambridge University Press. This book was released on 2002-10-17 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the financial appraisal of capital budgeting projects. The coverage extends from the development of basic concepts, principles and techniques to the application of them in increasingly complex and real-world situations. Identification and estimation (including forecasting) of cash flows, project appraisal formulae, and the application of net present value (NPV), internal rate of return (IRR) and other project evaluation criteria are illustrated with a variety of calculation examples. Risk analysis is extensively covered by the use of risk adjusted discount rate, certainty equivalent, sensitivity, simulation and Monte Carlo analysis. The NPV and IRR models are further applied to forestry, property and international investments. Resource constraints are introduced to the capital budgeting decisions with a variety of worked examples using linear programming technique. All calculations are extensively supported by Excel workbooks on the Web, and each chapter is well reviewed by end of chapter questions.

Small Is Still Beautiful

Author : Joseph Pearce
Publisher : Open Road Media
ISBN 13 : 1497646774
Total Pages : 233 pages
Book Rating : 4.4/5 (976 download)

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Book Synopsis Small Is Still Beautiful by : Joseph Pearce

Download or read book Small Is Still Beautiful written by Joseph Pearce and published by Open Road Media. This book was released on 2014-05-06 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: A third of a century ago, E. F. Schumacher rang out a timely warning against the idolatry of giantism with his book Small Is Beautiful. Since then, millions of copies of Schumacher’s work have been sold in dozens of different languages; few books before or since have spoken so profoundly to urgent economic and social considerations. Schumacher, a highly respected economist and adviser to third-world governments, broke ranks with the accepted wisdom of his peers to warn of impending calamity if rampant consumerism, technological dynamism, and economic expansionism were not checked by human and environmental considerations. Humanity was lurching blindly in the wrong direction, argued Schumacher. Its obsessive pursuit of wealth would not, as so many believed, ultimately lead to utopia but more probably to catastrophe. Schumacher’s greatest achievement was the fusion of ancient wisdom and modern economics in a language that encapsulated contemporary doubts and fears about the industrialized world. The wisdom of the ages, the perennial truths that have guided humanity throughout its history, serves as a constant reminder to each new generation of the limits to human ambition. But if this wisdom is a warning, it is also a battle cry. Schumacher saw that we needed to relearn the beauty of smallness, of human-scale technology and environments. It was no coincidence that his book was subtitled Economics as if People Mattered. Joseph Pearce revisits Schumacher’s arguments and examines the multifarious ways in which Schumacher’s ideas themselves still matter. Faced though we are with fearful new technological possibilities and the continued centralization of power in large governmental and economic structures, there is still the possibility of pursuing a saner and more sustainable vision for humanity. Bigger is not always best, Pearce reminds us, and small is still beautiful.

MANAGERIAL ECONOMICS AND FINANCIAL ACCOUNTING

Author : M. KASI REDDY
Publisher : PHI Learning Pvt. Ltd.
ISBN 13 : 9788120333215
Total Pages : 596 pages
Book Rating : 4.3/5 (332 download)

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Book Synopsis MANAGERIAL ECONOMICS AND FINANCIAL ACCOUNTING by : M. KASI REDDY

Download or read book MANAGERIAL ECONOMICS AND FINANCIAL ACCOUNTING written by M. KASI REDDY and published by PHI Learning Pvt. Ltd.. This book was released on 2007-12-24 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text presents an accessible introduction to techniques and applications of economic analysis and financial accounting as a method for approaching real-life business problems for managerial decision making in a logical manner. It focusses on the essential skills needed to formulate business policies that help gain a competitive edge in today’s work environment. The book discusses the basic concepts, terminology, and methods that eventually allow students to interpret, analyse, and evaluate actual corporate financial statements. It covers the major areas of managerial economics and financial accounting such as the theory of the firm, the demand theory and forecasting, the production and cost theory and estimation, the market structure and pricing, investment analysis, accountancy, and different forms of business organisations. The book includes numerous examples, problems, self-assessment tests, as well as review questions at the end of each chapter to aid in working out solutions to business problems. The book will be particularly suitable for courses in Managerial Economics and Financial Accounting as part of an engineering degree education at undergraduate level where the students have no previous back-ground in economic and financial analysis. It will also be immensely useful for M.B.A., M.Com. and C.A. students, business exe-cutives, and administrators who need to learn the application of economic theory to realistic business situations.

Engineering Economics and Costing

Author : Mishra Sasmita
Publisher : PHI Learning Pvt. Ltd.
ISBN 13 : 8120341678
Total Pages : 339 pages
Book Rating : 4.1/5 (23 download)

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Book Synopsis Engineering Economics and Costing by : Mishra Sasmita

Download or read book Engineering Economics and Costing written by Mishra Sasmita and published by PHI Learning Pvt. Ltd.. This book was released on 2011-08 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: This substantially revised and updated edition of Engineering Economics and Costing continues to build on the fundamental principles and applications of the subject. Divided into three parts: Part I, Engineering Economics; Part II, Financial System; and Part III, Cost Accounting, the text discusses, in a simple and easy-to-understand language, such topics as interest formulas and their applications, and various methods, for example, the present worth method of comparison, future worth method, annual equivalent method, and the rate of return method. It also includes, in its Appendix, interest tables for a wide range of interest rates (0.25-50%) and for a period ranging from one year to 100 years. These tables, along with the topics discussed, will help students of both Engineering and MCA in evaluating engineering projects. What is New to This Edition: Chapter 2 gives a distinction between Microeconomics and Macroeconomics. Chapter 2 also explains the concept of income elasticity, cross elasticity of demand, and elasticity of substitution. At the end Chapter 3, a variety of simple numerical problems with solutions are given to illustrate the concepts discussed. Chapter 8 provides more examples illustrating the various aspects of break-even analysis. While the book is intended primarily as a text for B.Tech. and MCA courses of Biju Patnaik University of Technology (BPUT), Orissa, it would also be highly useful for BE/B.Tech. students of other universities/institutes. Besides, practising engineers and project consultants making economic decision analysis would find this well-organized book immensely valuable. What the Reviewer Says: The book is very clear in exposition of the concepts and theories of Economics. I am confident that it will be extremely helpful to the engineering students. --Dr. NIRMAL CHANDRA SAHU Professor, Postgraduate Department of Economics Berhampur University, Orissa