Principles of Microeconomics

Catalog description

Microeconomics is about making choices and decision making at the individual firms and households. Subjects covered include: demand, supply, and elasticities; labor and financial markets; consumer choice and production structure, different market structures, perfectly competitive market, monopoly, monopolistic competition, and oligopoly. It also includes positive externalities and environment protection. Other important topics included are poverty and income equality, financial markets, international trade, and globalization.