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Principles of Microeconomics 10th Edition
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Principles of Microeconomics 10th Edition

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Authors: N. Gregory Mankiw · Publisher: Cengage Learning · Language: English
ISBN-10: 0357722868 · ISBN-13: 978-0357722862


Overview

Principles of Microeconomics, 10th Edition provides a clear and concise introduction to the fundamental concepts of microeconomics. Authored by N. Gregory Mankiw, this edition emphasizes real-world applications, critical thinking, and practical examples. It is designed for students and professionals seeking a strong understanding of microeconomic principles and their application in everyday decision-making.


What You’ll Learn

  • Core microeconomic concepts: scarcity, choice, and opportunity cost

  • Supply and demand analysis and market equilibrium

  • Consumer behavior and decision-making

  • Firm production, costs, and profit maximization

  • Market structures: perfect competition, monopoly, oligopoly

  • Government interventions, taxation, and regulation

  • Externalities and public goods

  • Practical applications in real-world markets


Why This Book Matters

This edition bridges theoretical concepts and practical applications, equipping readers with the tools to analyze, evaluate, and make decisions in various market scenarios. Its clear explanations and engaging examples make it highly accessible for students and professionals.


Who Should Read This Book

  • Students in economics, business, or finance programs

  • Educators teaching introductory microeconomics courses

  • Professionals seeking a foundational understanding of market behavior

  • Anyone interested in microeconomic decision-making principles


Key Topics Covered

  • Scarcity, choice, and opportunity cost

  • Supply, demand, and market equilibrium

  • Consumer behavior and firm production

  • Market structures and competition

  • Government intervention and taxation

  • Externalities and public goods

  • Pricing strategies and market efficiency


Conclusion

Principles of Microeconomics, 10th Edition provides a concise, practical, and thorough guide to understanding microeconomic principles. Its combination of conceptual clarity and real-world examples makes it an essential resource for students, educators, and professionals.

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