A Primer on Microeconomics, Second Edition, Volume II: Competition and Constraints

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, whether these choices occur in our everyday life, in our work environment, or at the national or international level. The present text represents a common sense approach to basic macroeconomics. It is directed toward all students, but particularly those within business school settings including students beginning an advanced business degree course of study. It will deliver 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 macroeconomic theory. This volume will introduce the key economic principles, important terms, and essential models to look at the efficient operation of competitive markets and what may cause those markets to fail, profit maximization; and the implications of imperfect competition.

Binding Type: Paperback
Publisher: Business Expert Press
Published: 09/26/2018
ISBN: 9781631577291
Pages: 150
Weight: 0.52lbs
Size: 9.00h x 6.00w x 0.37d