£47.50

MIT Press Microeconomic Essentials: Understanding Economics in the News

White

Price data last checked 26 day(s) ago - will refresh soon

View at Amazon

Price History & Forecast

Last 65 days • 65 data points (No recent data available)

Historical
Generating forecast...
£47.51 £47.46 £47.47 £47.48 £47.49 £47.50 £47.52 25 January 2026 10 February 2026 26 February 2026 14 March 2026 30 March 2026

Price Distribution

Price distribution over 65 days • 1 price levels

Days at Price
65 days 0 16 33 49 65 £48 Days at Price

Price Analysis

Most common price: £48 (65 days, 100.0%)

Price range: £48 - £48

Price levels: 1 different prices over 65 days

Description

This concise and nontechnical introduction to microeconomics emphasizes concepts over mathematics. Keeping in mind that sometimes the most accurate model is not very useful in the real world, Microeconomic Essentials balances economics as mathematics with economics as a social process. Microeconomics is part of daily life; gas prices, wage increases, the rising cost of health care, international trade- all are microeconomic topics. Therefore, like its predecessor, Macroeconomic Essentials, this textbook accompanies its explanations with examples and real-world applications. The book covers the basic market model of supply and demand, showing how this "powerhouse" model can explain most price changes in the market. It discusses government intervention in the market; consumer theory and utility maximization, considering both concepts and real-world issues; the theory of the firm, "de-mathematizing" marginal revenue, marginal cost, and other topics; monopolies; perfect competition; and imperfect competition and oligopolies, as illustrated by OPEC, Coke, and Pepsi. It discusses game theory, reviewing the familiar models and concepts-while cautioning that game theory is best thought of as "a state of mind"; input markets; welfare and public economics, applying the tools presented in previous chapters; and international trade. Each chapter ends with examples and exercises. Appendixes supply answers to sample exam questions and solutions to even-numbered exercises.

Product Specifications

Colour
White
Format
paperback
Domain
Amazon UK
Release Date
06 October 2020
Listed Since
09 February 2020

Barcode

No barcode data available

Similar Products You Might Like

Macroeconomic Essentials – Understanding Economics in the News
95% match

Macroeconomic Essentials – Understanding Economics in the News

MIT Press

£47.55 06 Feb 2026
Models in Microeconomic Theory: 'He' Edition
94% match

Models in Microeconomic Theory: 'He' Edition

£41.95 20 Feb 2026
Models in Microeconomic Theory: 'She' Edition
94% match

Models in Microeconomic Theory: 'She' Edition

£41.95 22 Feb 2026
Microeconomic Theory: Basic Principles and Extensions
94% match

Microeconomic Theory: Basic Principles and Extensions

South-Western

£45.99 07 Mar 2026
Advanced Microeconomic Theory – An Intuitive Approach with Examples
94% match

Advanced Microeconomic Theory – An Intuitive Approach with Examples

MIT Press

£87.67 24 Jan 2026
Essentials of Microeconomics
94% match

Essentials of Microeconomics

Routledge

£53.99 16 Feb 2026
Microeconomic Foundations I: Choice and Competitive Markets
94% match

Microeconomic Foundations I: Choice and Competitive Markets

Princeton University Press

£42.00 12 Jan 2026
Economics Today: United States Edition
94% match

Economics Today: United States Edition

PEARSON EDUCATION

£85.99 07 Mar 2026
Microeconomics
94% match

Microeconomics

PEARSON EDUCATION

£175.11 18 Feb 2026
Intermediate Microeconomics: A Tool-Building Approach
93% match

Intermediate Microeconomics: A Tool-Building Approach

Routledge

£162.74 29 Jan 2026
Macroeconomic Analysis (The MIT Press)
93% match

Macroeconomic Analysis (The MIT Press)

MIT Press

£37.74 27 Feb 2026
Microeconomics: Private & Public Choice (Mindtap Course List)
93% match

Microeconomics: Private & Public Choice (Mindtap Course List)

Cengage Learning

£27.55 07 Mar 2026
Advanced Microeconomics for Contract, Institutional, and Organizational Economics
93% match

Advanced Microeconomics for Contract, Institutional, and Organizational Economics

£79.37 07 Jan 2026
Understanding Economics Today
93% match

Understanding Economics Today

McGraw-Hill Irwin

£78.99 25 Feb 2026
The Microeconomics of Complex Economies: Evolutionary, Institutional, Neoclassical, and Complexity Perspectives
93% match

The Microeconomics of Complex Economies: Evolutionary, Institutional, Neoclassical, and Complexity Perspectives

Academic Press

£30.91 12 Jan 2026
Microeconomics (Pearson Series in Economics)
93% match

Microeconomics (Pearson Series in Economics)

PEARSON EDUCATION

£103.69 09 Dec 2025
Microeconomics: Theory and Applications, EMEA Edition
93% match

Microeconomics: Theory and Applications, EMEA Edition

Wiley

£48.38 28 Feb 2026
Microeconomics of Banking 2e
93% match

Microeconomics of Banking 2e

MIT Press

£32.90 09 Jan 2026
Microeconomic Foundations II: Imperfect Competition, Information, and Strategic Interaction: 2
93% match

Microeconomic Foundations II: Imperfect Competition, Information, and Strategic Interaction: 2

Princeton University Press

£41.75 03 Feb 2026
Microeconomics for the Critical Mind: Mainstream and Heterodox Analyses (Classroom Companion: Economics)
93% match

Microeconomics for the Critical Mind: Mainstream and Heterodox Analyses (Classroom Companion: Economics)

Springer

£74.25 15 Dec 2025
Making Sense of Microeconomics
93% match

Making Sense of Microeconomics

Cognella Academic Publishing

£82.00 10 Mar 2026
MICROECONOMICS: Principles and Analysis
93% match

MICROECONOMICS: Principles and Analysis

Oxford University Press

£74.51 24 Jan 2026
Economic Theory
93% match

Economic Theory

Routledge

£48.99 18 Apr 2026
Microeconomics, Global Edition
93% match

Microeconomics, Global Edition

PEARSON EDUCATION

£69.36 12 Jan 2026