Microeconomics(2nd edition)
Authors:
Dean S. Karlan, Jonathan J. Morduch
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Book details
ISBN: 1259813337, 1259813339, 978-1259813337
Book publisher: McGraw-Hill Education
Book Price $0 : The second edition of 'Microeconomics' by Dean S. Karlan and Jonathan J. Morduch is a comprehensive textbook that delves into the fundamental principles of microeconomic theory by emphasizing real-world application. Key themes explored include market equilibrium, consumer behavior, and game theory. The authors expertly weave in practical case studies, making complex economic concepts accessible for students seeking to understand how microeconomics applies to societal contexts. This book stands out in its ability to link theoretical frameworks with empirical data analysis and critical thinking. A unique feature of this edition is its detailed 'table of content' and 'solution manual', which provide structured guidance for students and educators alike, facilitating efficient navigation through topics like elasticity and market structures. The 'Answer Key' further supports learning by offering clear solutions to the exercises, ensuring that learners can verify and comprehend their analyses. This textbook is celebrated for its engaging narrative style and thorough integration of graphical and quantitative illustrations that elucidate microeconomic dynamics. Concepts such as production and cost functions, externalities, and public goods are explained with clarity and supported by robust data. The academic reception of this edition highlights its utility in both introductory and intermediate economic courses, providing critical insights that help foster a deep understanding of microeconomic policies and their global implications. The book is notably recommended for its practical application exercises aligned with current economic challenges.
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