Discover the fundamentals and practical applications of microeconomics with this comprehensive and accessible book. This is an essential guide for students, professionals, and enthusiasts who want to understand economic agents' behavior, price formation, and market dynamics.
The book covers basic concepts, such as consumer theory and firm theory, as well as advanced topics, including market structures, market failures, and behavioral economics. With clear language and practical examples, the content explores key themes such as:
Supply and demand: Understand how
market forces determine
prices and
quantities.
Elasticities: Learn to measure the
sensitivity of demand and supply to changes in
prices and
income.
Perfect competition, monopoly, and oligopoly: Analyze different
market structures and their impacts on the
economy.
Market failures: Explore
externalities,
public goods, and
asymmetric information.
Contemporary applications: See how
microeconomics explains
current phenomena, such as
digital economy,
environmental regulation, and
public policies.
This book is the definitive resource for those seeking to master the principles and applications of microeconomics in the real world. Ideal for undergraduate and graduate courses in economics, business administration, and related fields, it is also a valuable tool for professionals looking to deepen their knowledge in economic analysis.
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