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Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less
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Find all of the following topics, explained in plain-English:IntroductionWhat is Economics? | Not a Perfect Model | Microeconomics vs. Macroeconomics1. Maximizing UtilityDecreasing Marginal Utility | Opportunity Costs2. Evaluating Production PossibilitiesProduction Possibilities Frontiers | Absolute and Comparative Advantage3. DemandDeterminants of Demand | Elasticity of Demand | Change in Demand vs. Change in Quantity Demanded4. SupplyDeterminants of Supply | Elasticity of Supply | Change in Supply vs. Change in Quantity Supplied5. Market EquilibriumHow Market Equilibrium is Reached | The Effect of Changes in Supply and Demand6. Government InterventionPrice Ceilings and Price Floors | Taxes and Subsidies7. Costs of ProductionMarginal Cost of Production | Fixed vs. Variable Costs | Short Run vs. Long Run | Sunk Costs | Economic Costs vs. Accounting Costs8. Perfect CompetitionFirms Are Price Takers | Making Decisions at the Margin | Consumer and Producer Surplus9. MonopolyMarket Power | Deadweight Loss with a Monopoly | Monopolies and Government10. OligopolyCollusion | Cheating the Cartel | Government Intervention in Oligopolies11. Monopolistic CompetitionCompeting via Product Differentiation | Loss of Surplus with Monopolistic CompetitionConclusion: The Insights and Limitations of Economics
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Product details
Paperback: 134 pages
Publisher: Simple Subjects, LLC (May 16, 2014)
Language: English
ISBN-10: 0981454291
ISBN-13: 978-0981454290
Product Dimensions:
5 x 0.3 x 8 inches
Shipping Weight: 7.2 ounces (View shipping rates and policies)
Average Customer Review:
4.7 out of 5 stars
19 customer reviews
Amazon Best Sellers Rank:
#76,914 in Books (See Top 100 in Books)
Exactly as expected a concise introduction. Looks like a collection of lead sentences and paragraphs from a larger publication. Excellent
Easy to read. Easy to understand if you have no economics background.
Good book —does exactly what it says it would do. IT gives a brief overview. I love the author’s series of quick read books.
Simple and easy to read
...I would have understood microeconomics and its applications better, and probably would have been more interested in the subject. Piper and Frakt do an efficient job defining basic economic concepts, and explaining firm behavior in different types of markets. There is enough information to quickly get a handle on the key concepts, without being overwhelmed by detail. I also appreciated the reflections on the role and limitations of economics and its various sub-fields….
Easy read that defines many of the terms I hear used. Very helpful in understanding the big picture of how business works and some of how Government impacts those workings.
Great
Great book
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