Micro economics is the study of individuals,
households and firms behavior in decision making and allocation of
resources. It generally applies to markets of goods and services and
deals with individual and economic issues. Micro economics stresses the
relevance and application of microeconomic theory to decision making in
both managerial and public policy. The book also provides a
comprehensive treatment of Econometrics and Pricing Policies in Practice
in its suit the needs of decision makers, whether associated with
managerial decision making in the corporate world or pursuing management
courses in various institutions.