Synopsis The book deals with the various parts of micro economic theory. The ordinal approach to utility based on indifference curve analysis has been discussed. Production function dealing with short run and long run operation of the laws of returns and returns to scale have been analysed. Price and output determination under various market structures have been described. The National Income analysis has been analysed with the relationship between the National Income and economic welfare. The book is an interesting presentation of micro economic theory with the presentation of tables, schedules and diagrams.