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Modern Economic Theory is a comprehensive book for undergraduate students of commerce and economics. The book discusses managerial economics, demand, production, break-even analysis, capital budgeting, and other related topics. The book explains the concepts in a clear and concise manner, coupling explanations with illustrations so that students can absorb the theory. It is an essential resource for all students of managerial economics and economic theory. About the Authors Dr. K.K. Dewett and M. H. Navalur are Indian academicians and writers. They have years of experience in teaching economic theory at college level.