Principles of Microeconomics an Open Text
Dublin Core
Subject
Description
Principles of Microeconomics provides a concise, yet complete, coverage of introductory microeconomic theory, application and policy in a Canadian and global environment. Our beginning is orthodox: We explain and develop the standard tools of analysis in the discipline. Economic policy is about the well-being of the economy’s participants, and economic theory
should inform economic policy. So we investigate the meaning of ‘well-being’ in the context of an efficient use of the economy’s resources early in the text.
We next develop an understanding of individual optimizing behaviour. This behaviour in turn is
used to link household decisions on savings with firms’ decisions on production, expansion and
investment. A natural progression is to explain production and cost structures
should inform economic policy. So we investigate the meaning of ‘well-being’ in the context of an efficient use of the economy’s resources early in the text.
We next develop an understanding of individual optimizing behaviour. This behaviour in turn is
used to link household decisions on savings with firms’ decisions on production, expansion and
investment. A natural progression is to explain production and cost structures
Creator
Source
https://laecon1.lyryx.com/textbooks/CURTIS_PRIN_MIC_1/marketing/CI-Principles-of-Microeconomics-2017B.pdf
Publisher
Date
2017
Contributor
Baihaqi
Rights
Creative Commons
Format
PDF
Language
English
Type
Files
Collection
Citation
Douglas Curtis and Ian Irvine, “Principles of Microeconomics an Open Text,” Open Educational Resources (OER) , accessed April 16, 2024, http://oer.uinsyahada.ac.id/items/show/2633.