1.

Record Nr.

UNINA9910827433003321

Autore

Beveridge Thomas M.

Titolo

A primer on microeconomics . Volume II Competition and constraints / / Thomas M. Beveridge

Pubbl/distr/stampa

New York : , : Business Expert Press, , 2018

ISBN

1-63157-730-1

Edizione

[Second edition.]

Descrizione fisica

1 online resource (171 pages)

Collana

Business Expert Press Economics and Public Policy Collection, , 2163-761X

Disciplina

330.0202

Soggetti

Microeconomics

Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This two-volume text represents a common sense approach to basic microeconomics. 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 scientific study 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 or in our work environment. Volume Two, Competition and Constraints, focuses on understanding how markets may operate; profit maximization; how real-world concerns may reduce efficiency; what corrective actions may be taken to prevent market failure and the implications of those actions. The goal is to provide a concise readable primer that extends the fundamentals of microeconomic theory to consider practical economic issues.