Case studies and plenty of examples from a range of sources show how microeconomic theory informs consumer and producer decision making in real situations. Students are enabled to test theory and successfully apply it, helping them to answer two critical questions; "Do people and firms really act as theory suggests?" and "How can someone use microeconomics in a practical way?”.
A comprehensive text, ideal for undergraduate Microeconomics courses.
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A breakthrough text helping students to move from understanding basic economic principles to applying the powerful tools of economic analysis
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