Microeconomic Essentials: Understanding Economics in the News

Microeconomic Essentials: Understanding Economics in the News
ISBN-10
0262359375
ISBN-13
9780262359375
Category
Business & Economics
Pages
248
Language
English
Published
2020-10-06
Publisher
MIT Press
Author
Jay Prag

Description

A concise and nontechnical introduction to microeconomics, emphasizing concepts over mathematics, with real-world examples and applications. This concise and nontechnical introduction to microeconomics emphasizes concepts over mathematics. Keeping in mind that sometimes the most accurate model is not very useful in the real world, Microeconomic Essentials balances economics as mathematics with economics as a social process. Microeconomics is part of daily life; gas prices, wage increases, the rising cost of health care, international trade: all are microeconomic topics. Therefore, like its predecessor, Macroeconomic Essentials, this textbook accompanies its explanations with examples and real-world applications.

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