Microeconomics

19 Chapters (265 Solutions)

1. Preliminaries 4 Solutions 2. The Basics of Supply and Demand 17 Solutions 3. Consumer Behavior 17 Solutions 4. Individual and Market Demand 16 Solutions 5. Uncertainty and Consumer Behavior 11 Solutions 6. Production 11 Solutions 7. The Cost of Production 20 Solutions 8. Profit Maximization and Competitive Supply 15 Solutions 9. The Analysis of Competitive Markets 26 Solutions 10. Market Power: Monopoly and Monopsony 13 Solutions

Overview of Microeconomics

“Microeconomics (Pearson Series in Economics, 9th Edition) by Robert Stephen Pyndick and Daniel Lee Rubinfeld” lays a solid foundation of microeconomic concepts ranging from supply and demand to market structure and strategies. The book also takes a glance at the microeconomic aspects in the light of external balancing factors like government and environment. The book follows an alternative course pattern from easy in the first half to slightly critical topics in the second half.

However, the book explains all the concepts in clear and crisp language. The content is fascinating and easy. The book does not advocate any complex explanation and use of calculus. The book focuses on the demand of the present era. It focuses on essential and highly demanded topics such as game theories and market strategies using the latest and real examples. The book provides the readers with more output with fewer efforts.