Name: Microeconomics
Author: Michael Parkin
ISBN: 9780201790061

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 practical application in modern market systems. Michael Parkin, a recognized authority in economic education, utilizes a structured pedagogical framework to explain how individuals and firms make decisions under conditions of scarcity. The book integrates theoretical models with real-world data to illustrate the mechanics of supply, demand, and market equilibrium. By providing a comprehensive overview of price theory, the author establishes a foundation for understanding complex economic interactions.

THE SCOPE MAP

What You Will Find

Comprehensive coverage of supply and demand dynamics and market structures.
Analytical tools for evaluating consumer choice and firm production costs.
Case studies and real-world examples demonstrating economic principles in action.
Quantitative exercises designed to reinforce core microeconomic concepts.

THE AUTHORITY PERSPECTIVE

Experts frequently cite this text as a standard introductory resource for undergraduate students due to its clear, methodical approach to complex topics. Readers often note the academic density of the prose, which is balanced by extensive supplementary materials that facilitate self-directed learning.

Page Count:
0

Publication Date:
2001-01-01

Publisher:
Pearson Education, Limited

ISBN-10:
0201790068

ISBN-13:
9780201790061

Economics

Microeconomics

textbook

Education