Microeconomics: A Very Short Introduction (Very Short Introductions) - Softcover

Dixit, Avinash

Softcover

ISBN 10: 0199689377 ISBN 13: 9780199689378

Publisher: Oxford University Press, 2014

Synopsis

Microeconomics - individuals' choices of where to live and work, how much to save, what to buy, and firms' decisions about location, hiring, firing, and investment - involves issues that concern us on a daily basis. But when people think about economics, they tend to place importance on the bigger picture - macroeconomics - including issues such as unemployment, inflation, and the competitiveness of nations.

In this Very Short Introduction, Avinash Dixit argues that the microeconomy has a large impact on the economic world, arguably as much as the issues of macroeconomics.

Dixit steers a clear path through the huge number of issues related to microeconomics, explaining what happens when things go well, as well as showing how they fail, why that happens, and what can be done about it. Using real-life examples from around the world, using a minimum of mathematics and including simple graphs, he provides insights into economics from psychology and sociology to explain economic behavior and rational choice.

About the Series:
Oxford's Very Short Introductions series offers concise and original introductions to a wide range of subjects--from Islam to Sociology, Politics to Classics, Literary Theory to History, and Archaeology to the Bible. Not simply a textbook of definitions, each volume in this series provides trenchant and provocative--yet always balanced and complete--discussions of the central issues in a given discipline or field. Every Very Short Introduction gives a readable evolution of the subject in question, demonstrating how the subject has developed and how it has influenced society. Eventually, the series will encompass every major academic discipline, offering all students an accessible and abundant reference library. Whatever the area of study that one deems important or appealing, whatever the topic that fascinates the general reader, the Very Short Introductions series has a handy and affordable guide that will likely prove indispensable.

About this title

About the Author

Avinash Dixit is Professor of Economics Emeritus at Princeton University. He is also a Distinguished Adjunct Professor of Economics at Lingnan University, Hong Kong, and a Senior Research Fellow at Nuffield College, Oxford. His research interests include microeconomic theory, game theory, international trade, industrial organization, growth and development theories, public economics, political economy, and the new institutional economics.

Review

[A]ccessible and straight-talking * Rutland Mercury * Dixit demonstrates in this accessible book that economists do at least know a great deal more than nothing about microeconomics * Lorien Kite, Book of the Year 2014, Financial Times * One of The Financial Times Best Books of 2014

Edition details

• Publisher: Oxford University Press
• Publication date: 2014
• ISBN 10: 0199689377
• ISBN 13: 9780199689378
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 160