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What is microeconomics?

Microeconomics delves into the decision-making of individual actors within an economy, focusing on how consumers, firms, and markets interact. It analyzes how these microeconomic units allocate scarce resources and ultimately influence the behavior of the broader economy. Here's a closer look at thi...

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Summary Microeconomics by Perloff

This summary of Microeconomics by Perloff is written in 2013-2014.

  • Chapter A: The supply-and-demand model
  • Chapter B: Elasticity and sale taxes
  • Chapter C: Consumer behavior
  • Chapter D: Applications of the consumer theory
  • Chapter E: Production fun...

Summary Principles of Microeconomics (intermediate)

Summary Principles of Microeconomics written in 2013-2014.

  • Chapter A: Principles of Economists
  • Chapter B: Learn about markets, specialisation and economic efficiency
  • Chapter C: Supply, demand and elasticity of markets
  • Chapter D: The Demand side of the market...

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