A concise but clear introduction to economics in general and
microeconomics in particular, within a South African context. Aimed
at first-year students of economics at universities and
universities of technology. Contents include the following: What
economics is all about; important concepts, issues and
relationships; demand, supply and prices; demand and supply in
action; elasticity; the theory of demand: the utility approach; the
theory of demand: the indifference approach; background to supply:
production and cost; market structure 1: Overview and perfect
competition; market structure 2: Monopoly and imperfect
competition; the labour market.
General
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