A Primer on Microeconomics (Paperback) (ISBN-13: 9781606494219)

Economics, far from being the "dismal science," offers us valuable lessons that can be applied to our everyday experiences. At its heart, economics is the science of choice, and a study of economic principles allows us to achieve a more informed understanding of how we make our choices, regardless of whether these choices occur in our everyday life or in our work environment. This book brings a real commonsense approach to basic microeconomics. It delivers clear statements of essential economic principles, supported by easy-to-understand examples, and uncluttered by extraneous material; the goal being to provide a concise, readable primer that covers the substance of microeconomic theory. It also looks at the efficient operation of competitive markets and what may cause those markets to fail; the benefits from trade; profit maximization; the consequences of choice; and the implications of imperfect competition.

Author: Thomas M. Beveridge
ISBN-10: 160649421X
ISBN-13: 9781606494219
Publisher: Business Expert Press
Language: English
Published: 02/01/2013
Pages: 240
Format: Paperback
Weight: 0.72lbs
Size: 9.00h x 6.00w x 0.51d