Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less book pdf download

Date of Coming	: 2022-08-10
book quality	: Good
Number of Pages	: 132
Size of file	: 1.42MB
Section	: Economy
Language	: English
Auther	: Mike Piper
Department	: Social sciences

Author: Mike Piper

About the Author: Mike Piper is the author of several personal finance books and the popular blog Oblivious Investor (obliviousinvestor.com). He is a Missouri Licensed CPA. Mike’s writing has been featured in many places, including The Wall Street Journal, Money Magazine, AARP Magazine, Forbes, CBS News, MarketWatch, and Morningstar.

Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less book pdf download By Mike Piper

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

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