Book Title: Basic Microeconomics: Application to Bangladesh Economy

Description:
This book represents the collective effort and intellectual rigor of 48 dedicated students from the Army Institute of Business Administration, Sylhet. It provides a concise yet comprehensive introduction to microeconomic principles, with a distinct focus on their practical applications within the context of Bangladesh’s economy.

Organized into seven chapters, each meticulously researched and authored by student groups, the book explores foundational topics such as demand and supply, elasticity, market equilibrium, and beyond. Under the expert guidance of Dr. Munshi Naser Ibn Afzal, a distinguished professor of economics, the students have adeptly translated complex theoretical concepts into an accessible and engaging resource.

Rooted in real-world examples, the book highlights the interplay between economic theories and everyday life in Bangladesh. Readers will find insights into topics such as price fluctuations in local markets, Sylhet’s stone extraction industry, and the monetary policies of the Bangladesh Bank. Through its practical and localized approach, the book demystifies microeconomics and makes it relatable for learners at all levels.

Aimed at university students and aspiring economists, this book offers an essential resource for grasping the core principles of microeconomics and understanding Bangladesh’s economic intricacies. It combines academic rigor with practical relevance, making it an indispensable guide for new learners and professionals alike.