Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less)

Microeconomics Made Simple: Basic Microeconomic Principles Explained in 100 Pages or Less (Financial Topics in 100 Pages or Less)

<b> Find all of the following topics, explained in plain-English:<br /><br />Introduction<br /></b>What is Economics? | Not a Perfect Model | Microeconomics vs. Macroeconomics<br /><br /><b>1. Maximizing Utility</b><div>Decreasing Marginal Utility | Opportunity Costs<br /><br /><b>2. Evaluating Production Possibilities</b></div><div>Production Possibilities Frontiers | Absolute and Comparative Advantage<br /><br /><b>3. Demand</b></div><div>Determinants of Demand | Elasticity of Demand | Change in Demand vs. Change in Quantity Demanded<br /><br /><b>4. Supply</b></div><div>Determinants of Supply | Elasticity of Supply | Change in Supply vs. Change in Quantity Supplied<br /><br /><b>5. Market Equilibrium</b></div><div>How Market Equilibrium is Reached | The Effect of Changes in Supply and Demand<br /><br /><b>6. Government Intervention</b></div><div>Price Ceilings and Price Floors | Taxes and Subsidies<br /><br /><b>7. Costs of Production</b></div><div>Marginal Cost of Production | Fixed vs. Variable Costs | Short Run vs. Long Run | Sunk Costs | Economic Costs vs. Accounting Costs<br /><br /><b>8. Perfect Competition</b></div><div>Firms Are Price Takers | Making Decisions at the Margin | Consumer and Producer Surplus<br /><br /><b>9. Monopoly</b></div><div>Market Power | Deadweight Loss with a Monopoly | Monopolies and Government<br /><br /><b>10. Oligopoly</b></div><div>Collusion | Cheating the Cartel | Government Intervention in Oligopolies<br /><br /><b>11. Monopolistic Competition</b></div><div>Competing via Product Differentiation | Loss of Surplus with Monopolistic Competition<br /><br /><b>Conclusion:</b> The Insights and Limitations of Economics<br /> </div>