Titel: Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less)
Verlag: Simple Subjects, LLC
Erscheinungsjahr: 2014
Sprache: Englisch
ISBN-10: 0981454291
ISBN-13: 9780981454290
Einband: Softcover
Zustand: New

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Inhaltsangabe

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

Rese�a del editor

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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