Microeconomics

Microeconomics, written by Paul Krugman and Robin Wells, is a comprehensive textbook that offers a thorough introduction to the principles of microeconomics. Krugman and Wells are renowned economists who have contributed significantly to the field of economics. They are both professors at prestigious universities and have authored numerous books and articles on economics.

The book is structured in a way that is accessible to both students and general readers interested in learning about microeconomics. The authors use real-world examples and case studies to illustrate economic concepts and theories, making the book engaging and relevant to everyday life.

The first part of the book introduces the basic concepts of microeconomics, such as supply and demand, market equilibrium, and consumer and producer behavior. The second part explores market structures, including perfect competition, monopoly, monopolistic competition, and oligopoly. The authors also discuss the role of government in regulating markets and correcting market failures.

One of the strengths of Microeconomics is the clear and concise writing style of Krugman and Wells. They avoid using jargon and technical language, making the book accessible to readers without an economics background. The book also includes numerous graphs and diagrams to help readers visualize economic concepts.

Author: Paul Krugman and Robin Wells

Link to buy: https://www.amazon.com/Microeconomics-Paul-Krugman/dp/1319098789/

Ratings: 4.3 out of 5 stars (from 305 reviews)

Best Sellers Rank: #187,644 in Books

#11 in Microeconomics (Books)