Microeconomics: Theory and Applications
Microeconomics is a fascinating and complex subject that deals with how individuals, businesses, and governments make decisions regarding the allocation of resources. Among the vast number of books on this topic, one that stands out as a comprehensive and engaging guide is Microeconomics: Theory and Applications, written by Mark A. Zupan and Edgar K. Browning.
Mark A. Zupan is the Dean of the University of Rochester's Simon Business School, while Edgar K. Browning is a Professor Emeritus of Economics at Texas A&M University. Both authors bring their extensive academic experience and knowledge to this book, which covers microeconomic theory and its practical applications.
The book is organized in a clear and concise manner, with each chapter building on the previous one. It begins by introducing the basic principles of microeconomics, such as supply and demand, consumer behavior, and production theory. It then moves on to more advanced topics, such as game theory, market structure, and externalities.
One of the strengths of Microeconomics: Theory and Applications is its focus on real-world examples and applications of microeconomic theory. The authors use case studies, data, and graphs to illustrate how economic principles can be applied to solve practical problems. They also highlight the relevance of microeconomics in today's global economy, where businesses and governments must make complex decisions that have a significant impact on people's lives.
Author: Mark A. Zupan and Edgar Browning
Link to buy: https://www.amazon.com/Microeconomics-Applications-Edgar-K-Browning/dp/1118758870/
Ratings: 4.0 out of 5 stars (from 38 reviews)
Best Sellers Rank: #131,361 in Books
#5 in Microeconomics (Books)
