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Solved Applications in Microeconomics
JOD
Get it by 5 Aug | Order in 3 Hours 40 Minutes
Number of Pages: 262
Year of Publication: 2016
Binding Type: Hardcover
Edition Number: 1
Print Color: White
Dimensions (cm): 0.350
Barcode: 9789957183592
Weight: 350 grams
Dimensions: 17 × 24 cm
Introduction
Microeconomics and macroeconomics form the backbone of economic theory. Since the 1930s, this distinction has grown in importance. Economic analysis divides into two main branches:
Microeconomics focuses on economic phenomena at a micro level, often considering a single household or business as the primary unit for consumption or production.
Rational decision-making is assumed, with consumers seeking to maximize utility and businesses aiming for maximum profit.
In contrast, macroeconomics analyzes economic activity at an aggregate level, such as national income, employment, and price levels, providing a comprehensive picture of the entire economy.
While many books cover microeconomics theoretically, this book uniquely presents the subject practically, using exercises and selected applications with model solutions to enhance understanding through data and technical tools.
It is particularly aimed at students of economic sciences, commerce, management, and administration, offering an applied perspective.
Acknowledgments to Professor Dr. Mohamed Saeed Oukil for his guidance, and appreciation to everyone who contributed to preparing this book, which enriches the Arabic library lacking such resources.
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