Basic Tools in Economics FYBCom Sem 1 – Sheth Publication (2024 Edition)

Description

📘 Basic Tools in Economics FYBCom Sem 1 – Sheth Publication (NEP 2020)

Basic Tools in Economics FYBCom Sem 1 by Sheth Publication is a must-have textbook for First Year B.Com students. Aligned with the NEP 2020 curriculum and Mumbai University’s updated syllabus (2024–25), this book is designed to make core economic concepts easy, relevant, and exam-ready.

🎓 Who Should Use This Book?

This textbook is ideal for:

• FYBCom Semester 1 students (Mumbai University & other NEP 2020-based programs)

• Commerce students looking for a strong foundation in microeconomics

• Learners preparing for unit tests, internals, or semester-end exams

• Teachers and tutors seeking a reliable reference aligned with the current curriculum

Whether you are attending college classes or studying independently, Basic Tools in Economics FYBCom Sem 1 is a perfect companion for your academic journey.

🧠 Learning Objectives

This book helps students:

• Understand fundamental economic tools such as demand, supply, utility, elasticity, and market structures

• Analyze real-world economic situations using theoretical concepts

• Strengthen problem-solving skills with illustrations and numerical examples

• Practice with chapter-wise summaries, key terms, and questions

Each chapter is written in simple, exam-friendly language to ensure clarity and retention.

📝 Chapter Overview

The content of Basic Tools in Economics FYBCom Sem 1 is divided into easy-to-follow chapters, including:

1. Introduction to Microeconomics

2. Law of Demand and Elasticity

3. Law of Supply and Elasticity of Supply

4. Utility Analysis

5. Market Structures: Perfect and Imperfect Competition

6. Revenue and Cost Concepts

7. Equilibrium and Price Determination

These chapters are structured to help students grasp each concept fully before moving to the next.

📦 What’s Inside

• Author: Sager Thakkar

• Publisher: Sheth Publishers Pvt. Ltd.

• Edition: Academic Year 2024–25 (NEP 2020 aligned)

• Language: English

• Pages: Approx. 120

• Binding: Paperback

⭐ Why Choose Sheth Publication?

Sheth Publishers is a trusted name in commerce education. Their books are:

• Syllabus-specific

• Easy to understand

• Widely recommended by professors and coaching institutes

• Affordable for every student

This edition of Basic Tools in Economics FYBCom Sem 1 includes updated content that reflects the new NEP framework and the most recent guidelines from Mumbai University.