Name: Microeconomics
Author: Michael Parkin
ISBN: 9780201305746

Microeconomics

Michael Parkin

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Author Description

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Menrva's Summary

THE THESIS

This text investigates the fundamental principles of microeconomic theory and their application to individual and firm decision-making processes. Michael Parkin, a prominent economist and academic, utilizes a structured pedagogical framework to explain how scarcity, supply and demand, and market structures influence economic outcomes. The book integrates theoretical models with real-world data to provide a comprehensive overview of how market economies function in a global context.

THE SCOPE MAP

What You Will Find

Analysis of supply and demand curves and market equilibrium.
Theoretical frameworks for consumer choice and firm production costs.
Examination of market structures including perfect competition, monopoly, and oligopoly.
Practical exercises and study guides designed to reinforce quantitative problem-solving skills.

THE AUTHORITY PERSPECTIVE

Experts and educators frequently identify this text as a foundational resource for undergraduate economics curricula due to its clear, methodical presentation of complex concepts. Readers often note the academic density of the prose, which is balanced by extensive illustrative examples and structured study aids.

Page Count:
0

Publication Date:
1998-03-01

Publisher:
Not Avail

ISBN-10:
0201305747

ISBN-13:
9780201305746

Economics

textbook

Education

Reference

Microeconomics

Academic