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UNDERSTANDING MICROECONOMICS

ISBN Number 9780627030314EB
Author MOHR P
Publisher
Edition 1ST - 2013

Price R 240,00

Description:
In microeconomics the decisions and functioning of individual consumers and households (what to do what to buy etc.) and firms or other organisations (what goods to produce how to produce them what prices to charge etc.) are considered. It includes the study of the demand supply and prices of individual goods and services such as petrol maize haircuts and medical services. Understanding microeconomics is a comprehensive introduction to microeconomics in general set against a contemporary South African background. The easy style and many practical examples make the content extremely accessible. The book covers all the material usually prescribed for introductory courses and it lays a solid foundation for intermediate and advanced studies in economics. A companion to this book Understanding macroeconomics is also available.


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