For 50 years, the standard-bearer for elementary economics courses, this revision is a clear and modern introduction to microeconomic principles. Bill Nordhaus is now the primary author of this classic text.
Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist. The first American to win the Nobel Memorial Prize in Economic Sciences, the Swedish Royal Academies stated, when awarding the prize in 1970, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". Economic historian Randall E. Parker has called him the "Father of Modern Economics", and The New York Times considered him to be the "foremost academic economist of the 20th century"
suppose the price of a coommodity was Tk .03 and at the quantity demand was 3250 units but when price increase to Tk .05 demand decreased to 1250 units .What will be the value of elasticity?