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Fundamentals of microeconomics / Cecilia Danton.

by Danton, Cecilia, author.
Published by : Willford Press, (Forest Hills, NY :) Physical details: viii, 236 pages : illustrations ; 26 cm. ISBN: 9781647283957.
Subject(s): Microeconomics.
Year: 2022
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Item type Location Collection Call number Status Date due Barcode
Books Books General Collection Social Sciences 338.5 D194 2022 (Browse shelf) Available 009933

Includes bibliographical references and index.

The branch of economics which deals with the behavior of individual firms as well as consumers in decision-making and allocation of resources is known as microeconomics. Various mathematical tools such as exponential functions, derivatives and statistics are used in microeconomics. The key focus of this field is on analyzing the market mechanisms which establish the relative prices among goods and services and allocate limited resources. Some common theories in microeconomics are the consumer demand theory, production theory, opportunity cost, price theory and cost-of-production theory of value. The topics included in this book on microeconomics are of utmost significance and bound to provide incredible insights to readers. It is compiled in such a manner, that it will provide in-depth knowledge about the theory and practice of microeconomics. This book will serve as a valuable source of reference for those interested in this field.

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