Description

Find easy-to-follow coverage of microeconomics basics

Microeconomics For Dummies, 2nd U.S. Edition demystifies the complex world of microeconomics, offering down-to-earth explanations and real-world applications that make microeconomics make sense to everyone. This guide tackles a question that drives much of the world around us: how do people and firms make economic decisions every day?

This useful resource transforms intimidating economic theory into understandable, practical knowledge--covering everything from consumer behavior and company decision-making to market structures and welfare economics.

You'll find:

Understand consumer theory, inputs and outputs, welfare economics as a whole and more
Coverage of making economic choices under uncertainty, with info explaining decision-making in unpredictable situations
A look into trade and comparative advantages, showing how microeconomics drives global commerce

Perfect for college students taking microeconomics courses looking for a reliable study companion, business professionals trying to better understand market dynamics, and everyday people who just want to understand the world a little better, Microeconomics For Dummies will help you understand why prices change, markets fluctuate, and businesses behave the way they do.