Microeconomics(14th Global Edition)

Authors:

Michael Parkin

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

In Stock: 1 Left

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Book details

ISBN: 1292434597, 978-1292434599

Book publisher: Pearson

Book Price $74.18 : Microeconomics by Michael Parkin, now in its 14th edition, offers an insightful exploration of the principles guiding economic behavior at individual and firm levels. This textbook is meticulously structured to enhance understanding of how market mechanisms operate under different conditions. Utilizing an engaging approach, Parkin introduces core concepts like supply and demand, elasticity, consumer choice, and production costs, which are crucial for analyzing real-world economic scenarios. Each chapter unfolds with a clear table of contents and is supplemented by a robust solution manual and answer key, assisting students in mastering complex issues. This comprehensive guide also delves into welfare economics, market structures such as perfect competition and monopoly, and examines the implications of government intervention. The book has been widely praised for its clarity and practical applications, making it an essential resource for students and educators alike. Michael Parkin seamlessly blends theoretical constructs with practical examples, ensuring that readers grasp the relevance of microeconomic principles in day-to-day economic policy-making and personal finance decisions. The practical problems included encourage critical thinking and problem-solving skills. Whether for self-study or structured coursework, this text serves as both a primer and a perpetual reference in the field of economics. Overall, the strong analytical framework of Microeconomics makes it ideally suited for anyone looking to understand or engage with economic systems at a granular level. Ideal for educators wanting a cheap reference that can be reused semester after semester.