Microeconomics: Principles, Applications, and Tools

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Microeconomics: Principles, Applications, and Tools image
ISBN-10:

0136094058

ISBN-13:

9780136094050

Edition: 6
Released: Jan 01, 2009
Format: Paperback, 444 pages

Description:

The book provides a clear, concise, and accessible presentation of key points. Its hallmark feature includes a focus on the 5 Key Principles of Economics–1) Opportunity Cost, 2) The Marginal Principle (comparing marginal benefits and marginal costs), 3) Diminishing Returns, 4) The Spillover Principle (for externalities in production and consumption), 5) The Reality Principle (distinguishing real from nominal magnitudes). For financial professionals and analysts.

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