Inhaltsangabe
Appropriate for one-semester courses in undergraduate―MBA level Principles of Microeconomics.
This text is an uncluttered approach to economics with a strong emphasis on simple, social science methodology. All examples and analyses flow from a few basic assumptions, such as diminishing marginal values, the law of diminishing marginal product and comparative advantage. Many nontraditional examples are used such as adoption markets, political markets and changes in smoking habits.
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Reseña del editor
Appropriate for one-semester courses in undergraduate-MBA level Principles of Microeconomics. This text is an uncluttered approach to economics with a strong emphasis on simple, social science methodology. All examples and analyses flow from a few basic assumptions, such as diminishing marginal values, the law of diminishing marginal product and comparative advantage. Many nontraditional examples are used such as adoption markets, political markets and changes in smoking habits.
Contraportada
In this text, the author has not relegated the illustrations and examples to 'boxes' or 'sidebars.' The examples are precisely the central concern of economics; they are the whole point of the theory. They are the only reason for developing the laws of demand, or diminishing marginal product, other than to analyze real, observable issues? The 'story problems' are economics, not 'illustrations' of economic theory.
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