The present book is an humble attempt to cover the new year-wise syllabus of ‘Micro Economics’ and `Macro Economic’ papers I & II of Applied Economics Group of B.Com. First Year. Joan Robinson described economic theory as a ‘‘box of tools’’. For a proper handling of our tools, we must learn how they function. This book fulfils these objectives. The authors have tried to present a clear and accurate picture of micro and macro economics in most simple language and lucid style with the help of diagrams and illustrations. The book contains three types of questions at the end of each chapter : (i) Long Answer Type Questions, (ii) Short Answer Type Questions and (iii) Objective Type Questions. Questions from latest Examination Papers of various universities of Madhya Pradesh.
