Share

Summary of Austin Frakt & Mike Piper's Microeconomics Made Simple

2022-04-29T22:59:00Z Business & Economics
Download Summary of Austin Frakt & Mike Piper's Microeconomics Made Simple PDF Online Free

Author :
Release : 2022-04-29T22:59:00Z
Genre : Business & Economics
Kind : eBook
Book Rating : 379/5 ( reviews)

GET EBOOK


Book Synopsis Summary of Austin Frakt & Mike Piper's Microeconomics Made Simple by : Everest Media,

Download or read book Summary of Austin Frakt & Mike Piper's Microeconomics Made Simple written by Everest Media,. This book was released on 2022-04-29T22:59:00Z. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 Marginal utility is the additional utility gained from consuming an additional unit of a particular good. It is the reason people do not spend all of their money on a single good: consumption of most goods comes with decreasing marginal utility. #2 The opportunity cost of a choice is the value of the best alternative that you must forgo in order to make that choice. The opportunity cost of going to a movie is the forgone utility from the next most enjoyable activity you could have done. #3 In economics, the factors of production are the inputs used to create finished goods. They are land, labor, and capital. The ideal situation is to use all resources to their fullest capacity, or use the fewest possible resources for any given level of output. #4 A production possibilities frontier illustrates the various choices that an economic entity can make when choosing what to produce, given the constraints imposed by its limited factors of production.

Microeconomics Made Simple

2014-06-01 Business & Economics
Download Microeconomics Made Simple PDF Online Free

Author :
Release : 2014-06-01
Genre : Business & Economics
Kind : eBook
Book Rating : 290/5 ( reviews)

GET EBOOK


Book Synopsis Microeconomics Made Simple by : Austin Frakt

Download or read book Microeconomics Made Simple written by Austin Frakt. This book was released on 2014-06-01. Available in PDF, EPUB and Kindle. Book excerpt: Find all of the following topics, explained in plain-English: Introduction: What is Economics? Not a Perfect Model Microeconomics vs. Macroeconomics 1. Maximizing Utility Decreasing Marginal Utility Opportunity Costs 2. Evaluating Production Possibilities Production Possibilities Frontiers Absolute and Comparative Advantage 3. Demand Determinants of Demand Elasticity of Demand Change in Demand vs. Change in Quantity Demanded 4. Supply Determinants of Supply Elasticity of Supply Change in Supply vs. Change in Quantity Supplied 5. Market Equilibrium How Market Equilibrium is Reached The Effect of Changes in Supply and Demand 6. Government Intervention Price Ceilings and Price Floors Taxes and Subsidies 7. Costs of Production Marginal Cost of Production Fixed vs. Variable Costs Short Run vs. Long Run Sunk Costs Economic Costs vs. Accounting Costs 8. Perfect Competition Firms Are Price Takers Making Decisions at the Margin Consumer and Producer Surplus 9. Monopoly Market Power Deadweight Loss with a Monopoly Monopolies and Government 10. Oligopoly Collusion Cheating the Cartel Government Intervention in Oligopolies 11. Monopolistic Competition Competing via Product Differentiation Loss of Surplus with Monopolistic Competition Conclusion: The Insights and Limitations of Economics

The Cartoon Introduction to Economics

2010-01-19 Business & Economics
Download The Cartoon Introduction to Economics PDF Online Free

Author :
Release : 2010-01-19
Genre : Business & Economics
Kind : eBook
Book Rating : 819/5 ( reviews)

GET EBOOK


Book Synopsis The Cartoon Introduction to Economics by : Grady Klein

Download or read book The Cartoon Introduction to Economics written by Grady Klein. This book was released on 2010-01-19. Available in PDF, EPUB and Kindle. Book excerpt: Economics.

Microeconomics For Dummies

2016-01-14 Business & Economics
Download Microeconomics For Dummies PDF Online Free

Author :
Release : 2016-01-14
Genre : Business & Economics
Kind : eBook
Book Rating : 401/5 ( reviews)

GET EBOOK


Book Synopsis Microeconomics For Dummies by : Lynne Pepall

Download or read book Microeconomics For Dummies written by Lynne Pepall. This book was released on 2016-01-14. Available in PDF, EPUB and Kindle. Book excerpt: Your no-nonsense guide to microeconomics The study of microeconomics isn't for the faint of heart. Fortunately, Microeconomics For Dummies is here to help make this tough topic accessible to the masses. If you're a business or finance major looking to supplement your college-level microeconomics coursework—or a professional who wants to expand your general economics knowledge into the microeconomics area—this friendly and authoritative guide will take your comprehension of the subject from micro to macro in no time! Cutting through confusing jargon and complemented with tons of step-by-step instructions and explanations, it helps you discover how real individuals and businesses use microeconomics to analyze trends from the bottom up in order to make smart decisions. Snagging a job as an economist is fiercely competitive—and highly lucrative. Having microeconomics under your belt as you work toward completing your degree will put you head and shoulders above the competition and set you on the course for career advancement once you land a job. So what are you waiting for? Analyze small-scale market mechanisms Determine the elasticity of products within the market systems Decide upon an efficient way to allocate goods and services Score higher in your microeconomics class Everything you need to make microeconomics your minion is a page away!

Principles of Macroeconomics for AP® Courses 2e

2017 Business & Economics
Download Principles of Macroeconomics for AP® Courses 2e PDF Online Free

Author :
Release : 2017
Genre : Business & Economics
Kind : eBook
Book Rating : 432/5 ( reviews)

GET EBOOK


Book Synopsis Principles of Macroeconomics for AP® Courses 2e by : Steven A. Greenlaw

Download or read book Principles of Macroeconomics for AP® Courses 2e written by Steven A. Greenlaw. This book was released on 2017. Available in PDF, EPUB and Kindle. Book excerpt: Principles of Macroeconomics for AP® Courses 2e covers the scope and sequence requirements for an Advanced Placement® macroeconomics course and is listed on the College Board's AP® example textbook list. The second edition includes many current examples and recent data from FRED (Federal Reserve Economic Data), which are presented in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition was developed with significant feedback from current users. In nearly all chapters, it follows the same basic structure of the first edition. General descriptions of the edits are provided in the preface, and a chapter-by-chapter transition guide is available for instructors.

You may also like...