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Microeconomics for Dummies, UK Edition

By Peter Antonioni

Product Image: Microeconomics for Dummies, UK Edition

Microeconomics for Dummies, UK Edition

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Description
Learn to: - Succeed with the information you need for your economics course - Get a handle on supply and demand - Understand the consumer decision-making process and its effects within economics - Weigh the effects of oligopolies and monopolies Studying microeconomics? Microeconomics examines the economic behaviour of individual people and individual firms. Sounds pretty straightforward, but it can get complicated in a hurry. Turn to this book and watch everything become understandable! Clear information and plenty of real-world examples help you understand everything from supply and demand to market competition. - Small units are a big deal — see how people and firms make decisions, how those decisions become markets, and what causes markets to fail - About the consumer — explore the factors that affect consumer choices, how we deal with constraints, and how our decisions affect the greater economy - How a firm "thinks" — learn about costs and cost curves, profit maximisation, supply and demand, equilibrium analysis, and the effect of competition - The bigger picture — examine the effects of imperfect competition, the fundamental theorems of welfare economics, what a monopoly creates, and what happens when the market doesn???t make what we want - Getting strategic — discover how game theory, auction theory, and Nash Equilibrium come into play Open the book and find: - What an oligopoly is and how it affects competition - Why competition must sometimes be regulated - How consumers make choices - What equilibrium analysis tells us - All about elasticity and production costs - How market niches are chosen - Why what you don't know can hurt you - Ten great microeconomists
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
336
Release Date:
2015-11-13
Publication Date:
2016-02-28
Publisher:
Wiley
Languages:
Original: English
ISBN10:
1119026695
ISBN13:
9781119026693
GPSR Manufacturer Reference:
[email protected]
Weight:
619 g
Height:
187 cm
Width:
234 cm
Thickness:
20 cm
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