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Understanding microeconomics (Paperback, 2nd ed)
Loot Price: R393
Discovery Miles 3 930
You Save: R32
(8%)
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Understanding microeconomics (Paperback, 2nd ed)
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List price R425
Loot Price R393
Discovery Miles 3 930
You Save R32 (8%)
Expected to ship within 7 - 10 working days
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In microeconomics, the decisions and functioning of individual
consumers and households (what to do, what to buy, etc.), and firms
or other organisations (what goods to produce, how to produce them,
what prices to charge, etc.) are considered. It includes the study
of the demand, supply and prices of individual goods and services
such as petrol, maize, haircuts and medical services. Understanding
microeconomics is a comprehensive introduction to microeconomics in
general, set against a contemporary South African background. The
easy style and many practical examples make the content extremely
accessible. The book covers all the material usually prescribed for
introductory courses, and it lays a solid foundation for
intermediate and advanced studies in economics. This second edition
is a thoroughly revised and slightly expanded version of the
original one. Examples have been adjusted (where necessary), a few
new topics are introduced and review questions are provided at the
end of each chapter. A companion to this book, Understanding
macroeconomics, is also available.
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