Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less
Language: English
Published by Simple Subjects, 2014
Series: Book 10 of 10 - Financial Topics in 100 Pages or Less
- Softcover
- Used
Seller: ThriftBooks-Atlanta, AUSTELL, GA, U.S.A.ThriftBooks-Atlanta
AbeBooks seller since March 24, 2009
Condition: Used - As new
US$ 6.49
Quantity: 1 available
Add to basketItem description from seller
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Seller Inventory # G0981454291I2N00
- Title
- Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less
- Author
- Frakt, Austin; Piper, Mike
- Publisher
- Simple Subjects
- Publication year
- 2014
- Condition
- As New
- Dust jacket
- No Jacket
- Binding
- Paperback
- Language
- English
- ISBN 10
- 0981454291
- ISBN 13
- 9780981454290
- Item weight
- 0.82 pounds
- Series
- Book 10 of 10: Financial Topics in 100 Pages or Less
Introduction:
What is Economics? | Not a Perfect Model | Microeconomics vs. Macroeconomics
1. Maximizing Utility
Decreasing Marginal Utility | Opportunity Costs
2. Evaluating Production Possibilities
Production Possibilities Frontiers | Absolute and Comparative Advantage
3. Demand
Determinants of Demand | Elasticity of Demand | Change in Demand vs. Change in Quantity Demanded
4. Supply
Determinants of Supply | Elasticity of Supply | Change in Supply vs. Change in Quantity Supplied
5. Market Equilibrium
How Market Equilibrium is Reached | The Effect of Changes in Supply and Demand
6. Government Intervention
Price Ceilings and Price Floors | Taxes and Subsidies
7. Costs of Production
Marginal Cost of Production | Fixed vs. Variable Costs | Short Run vs. Long Run | Sunk Costs | Economic Costs vs. Accounting Costs
8. Perfect Competition
Firms Are Price Takers | Making Decisions at the Margin | Consumer and Producer Surplus
9. Monopoly
Market Power | Deadweight Loss with a Monopoly | Monopolies and Government
10. Oligopoly
Collusion | Cheating the Cartel | Government Intervention in Oligopolies
11. Monopolistic Competition
Competing via Product Differentiation | Loss of Surplus with Monopolistic Competition
Conclusion: The Insights and Limitations of Economics
"Synopsis" may belong to another edition of this title.
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