Free PDF Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less, by Austin Frakt PhD, Mike Piper CPA
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Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less, by Austin Frakt PhD, Mike Piper CPA
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Find all of the following topics, explained in plain-English:IntroductionWhat is Economics? | Not a Perfect Model | Microeconomics vs. Macroeconomics1. Maximizing UtilityDecreasing Marginal Utility | Opportunity Costs2. Evaluating Production PossibilitiesProduction Possibilities Frontiers | Absolute and Comparative Advantage3. DemandDeterminants of Demand | Elasticity of Demand | Change in Demand vs. Change in Quantity Demanded4. SupplyDeterminants of Supply | Elasticity of Supply | Change in Supply vs. Change in Quantity Supplied5. Market EquilibriumHow Market Equilibrium is Reached | The Effect of Changes in Supply and Demand6. Government InterventionPrice Ceilings and Price Floors | Taxes and Subsidies7. Costs of ProductionMarginal Cost of Production | Fixed vs. Variable Costs | Short Run vs. Long Run | Sunk Costs | Economic Costs vs. Accounting Costs8. Perfect CompetitionFirms Are Price Takers | Making Decisions at the Margin | Consumer and Producer Surplus9. MonopolyMarket Power | Deadweight Loss with a Monopoly | Monopolies and Government10. OligopolyCollusion | Cheating the Cartel | Government Intervention in Oligopolies11. Monopolistic CompetitionCompeting via Product Differentiation | Loss of Surplus with Monopolistic CompetitionConclusion: The Insights and Limitations of Economics
- Sales Rank: #68459 in Books
- Published on: 2014-05-16
- Original language: English
- Number of items: 1
- Dimensions: 8.00" h x .34" w x 5.00" l, .34 pounds
- Binding: Paperback
- 134 pages
Most helpful customer reviews
5 of 5 people found the following review helpful.
Wish I Had This in College!
By Darrow Kirkpatrick
...I would have understood microeconomics and its applications better, and probably would have been more interested in the subject. Piper and Frakt do an efficient job defining basic economic concepts, and explaining firm behavior in different types of markets. There is enough information to quickly get a handle on the key concepts, without being overwhelmed by detail. I also appreciated the reflections on the role and limitations of economics and its various sub-fields….
4 of 4 people found the following review helpful.
Easy read that defines many of the terms I hear ...
By Jim
Easy read that defines many of the terms I hear used. Very helpful in understanding the big picture of how business works and some of how Government impacts those workings.
3 of 3 people found the following review helpful.
Four Stars
By RDA
Easy to read. Easy to understand if you have no economics background.
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