9780981454290-0981454291-Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less)

Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less)

ISBN-13: 9780981454290
ISBN-10: 0981454291
Author: Austin Frakt PhD, Mike Piper CPA
Publication date: 2014
Publisher: Simple Subjects, LLC
Format: Paperback 134 pages
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Book details

ISBN-13: 9780981454290
ISBN-10: 0981454291
Author: Austin Frakt PhD, Mike Piper CPA
Publication date: 2014
Publisher: Simple Subjects, LLC
Format: Paperback 134 pages

Summary

Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less) (ISBN-13: 9780981454290 and ISBN-10: 0981454291), written by authors Austin Frakt PhD, Mike Piper CPA, was published by Simple Subjects, LLC in 2014. With an overall rating of 4.4 stars, it's a notable title among other Microeconomics (Economics, Theory) books. You can easily purchase or rent Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less) (Paperback) from BooksRun, along with many other new and used Microeconomics books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.3.

Description

Find all of the following topics, explained in plain-English:

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
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